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Multi-Tenant Shopping Center

320 W Bell Rd, Phoenix, AZ 85023

For Sale
$4,977,000

Retail center completed in 2020 with frontage on Bell Road and proximity to established national and local commercial operators.

Property Size7,700 SF
Price / SF$646.36
Days on Market98

Property Features for 320 W Bell Rd

General Information

Standard status Active
Size 7,700 SF
Property subtype Shopping Strip

Site & Location

Neighborhood Deer Valley
Road Access Yes

Amenities

100 Percent Leased to a Diverse Tenant Mix with All Triple-Net (NNN) Leases
Attractive Rent Growth with 12 Percent Increases Every Five Years for Black Rock Coffee and Annual Increases for All Other Tenants
Outparcel to WinCo Foods Grocery Store, the Number One Ranked Location in Arizona per Placer.ai
Drive-Thru Black Rock Coffee Location and Outdoor Patio Seating for The Buffalo Spot
Excellent Frontage and Accessibility Along West Bell Road, a Major Phoenix East-West Arterial with Over 46,000 Cars per Day
Strategic Position in the Dense Bell Road Retail Corridor near Bell Towne Plaza and Fountain Square, Anchored by Target, Safeway and LA Fitness

Building Details

Building Size 7,700 SF
Year Built 2020
Tenancy Multi
Listing Agency: Marcus & Millichap - Phoenix
Listed By: Chris Lind · License NC LC1060
Source: Marcusmillichap
Added: Aug 8 Changed: Nov 7 Last Checked: Nov 12 at 4:20AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Marcus & Millichap - Phoenix

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Investment Insights

Based on property information with market context.

This multi-tenant shopping center was completed in 2020 and offers a retail-focused commercial setting with frontage on Bell Road. The property is positioned near the 7th Avenue and Bell Road intersection in Phoenix, providing access to a heavily traveled North Phoenix retail corridor.

The surrounding commercial environment includes WinCo Foods, PetSmart, Goodwill, Dutch Bros, Discount Tire, Circle K, Rally’s, Ono Hawaiian BBQ, and Leslie’s Pool Supply. More than 1,500 apartment units are located nearby, while the daytime population within a 3-mile radius exceeds 133,925. The intersection records over 61,911 combined vehicles per day, and nearby retail operators include several high-ranking Arizona locations according to Placer.ai.

Key Highlights

  • Multi‑tenant shopping center completed in 2020
  • Bell Road frontage near 7th Avenue and Bell Road
  • Over 61,911 combined vehicles per day at the intersection

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Current Use

Planet Fitness Gym & Fitness Center The Taco Spot - North ... Restaurant The Buffalo Spot - Phoenix ... Restaurant Athletico Physical Therapy ... Medical Clinic QDOBA Restaurant

Suggested Use

Top Pick Real Estate Agency Building Supply Law Firm Big Box & Wholesale Store Restaurant Auto Repair Shop

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Multi-tenant
Tenancy
Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

815
Businesses Nearby
Balanced
Demand for This Use

Demographics for 85023, AZ

35,241
Population
14,765
Households
2.4
Avg Household Size
36
Median Age
32%
College-Educated
91%
High-School Grad
7.4 sq mi
ZIP Area
4,762
Density / Sq Mi
$72,442
Median Household Income
$43,936
Median Earnings
$1,429
Median Rent
$359,200
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Properties on Market for Shopping centers in Phoenix

Jul
Aug
Sep
Oct

Vacancy Rate% for Retail in Phoenix, AZ

8.5% 2019
8.7% 2020
7.4% 2021
5.6% 2022
5.1% 2023
5.4% 2024
5.3% 2025

Similar Off Market Nearby

  • Coinstar Kiosk | Bitcoin ATM — Kroger - Fry's Food Stores, 1311 E Bell Rd, Phoenix, AZ 85022, United States
  • Bell Towne Plaza — 245 E Bell Rd, Phoenix, AZ 85022
  • Moon Valley Towne Center — 731 E Bell Rd Ste 111, Phoenix, AZ 85022
  • Coinstar Kiosk - Bitcoin ATM — 330 W Bell Rd WinCo, Phoenix, AZ 85023
  • Fountain Square — 610 E Bell Rd, Phoenix, AZ 85022

Frequently Asked Questions

What type of property is this?
Shopping center - Retail center completed in 2020 with frontage on Bell Road and proximity to established national and local commercial operators.
Where is this shopping center located?
The property is located at 320 W Bell Rd Phoenix, AZ.
What is the asking price?
The asking price for this property is $4,977,000.
What are key features of this property?
This property features: Multi‑tenant shopping center completed in 2020; Bell Road frontage near 7th Avenue and Bell Road; Over 61,911 combined vehicles per day at the intersection
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