Retail Shopping Center with Diverse
4240 W BELL RD Glendale, AZ 85308
4240 W BELL RD, Glendale, AZ, 85308
Contact for pricing
For Sale
Contact for pricing
For sale shopping center featuring a diversified tenant base in Glendale, Arizona.
Property Size33,480 SF
Price / SF$265.83
Days on Market49
Property Features for 4240 W BELL RD
General Information
- Standard status
- Active
- Size
- 33,480 SF
- Property subtype
- Retail
Building Details
- Year Built
- 1986
Listing agency
Marcus & Millichap - Denver
Listed by
Ryan Bowlby · License #CO FA100004157
Source
Crexi
Added: Jun 3 Updated: Jul 10 at 1:51PM Checked: Jul 21 at 4:50AM
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 - Denver
Investment Insights
Based on property information with market context.
Bell Park Plaza is a for-sale retail shopping center configured to serve multiple tenants under one property umbrella. The asset is marketed as having a diversified tenant base, offering a retail mix intended to support day-to-day neighborhood traffic.
The property is located at 4240 W Bell Rd in Glendale, AZ 85308. As a neighborhood-scale retail center, it is positioned for convenient access by customers who are seeking local retail services.
For tenants and buyers evaluating retail real estate, Bell Park Plaza presents a straightforward shopping center format with multiple tenants in place. Its diversified tenancy is a practical consideration for operators looking for a property where income is not reliant on a single business line.
The property is located at 4240 W Bell Rd in Glendale, AZ 85308. As a neighborhood-scale retail center, it is positioned for convenient access by customers who are seeking local retail services.
For tenants and buyers evaluating retail real estate, Bell Park Plaza presents a straightforward shopping center format with multiple tenants in place. Its diversified tenancy is a practical consideration for operators looking for a property where income is not reliant on a single business line.
Key Highlights
- Shopping center for sale in Glendale, AZ
- Diversified tenant base
- Built in 1986
Local Financial Insights For Retail
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $602.6k | $18.00 |
| − Vacancy | −$51.2k | −$1.53 |
| EGI | $551.4k | $16.47 |
| − OpEx | −$165.4k | −$4.94 |
| NOI | $386.0k | $11.53 |
33,480 SF · lease $18.00/SF/yr · vacancy 8.50% · expense 30.00%
Alternative Uses
Best Use
Retail
$5.51M
$4.82M – $6.43M
NOI $385,991 @ 7.0% cap · market cap 4.34%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$10.52M
$9.20M – $12.27M
NOI $736,153 @ 7.0% cap · market cap 8.27%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Mega Furniture - Outlet
Furniture & Home Goods
Hobby Bench (Bell ...
(Bike/Boat/Book/etc) Store
The Tailoring Service
(Bike/Boat/Book/etc) Store
Similar For Sale Nearby
Similar Off Market Nearby
- Coin Cloud Bitcoin ATM — 4121 W Bell Rd, Phoenix, AZ 85053
- Bell Plaza — 4255 W Bell Rd, Phoenix, AZ 85053
- Coinstar Kiosk | Bitcoin ATM — Kroger - Fry's Food Stores, 4315 W Bell Rd, Glendale, AZ 85308
FAQs
What type of property is this?
Shopping center - For sale shopping center featuring a diversified tenant base in Glendale, Arizona.
Where is this shopping center located?
The property is located at 4240 W BELL RD Glendale, AZ.
What is the asking price?
The asking price for this property is $8,900,000.
What are key features of this property?
This property features: Shopping center for sale in Glendale, AZ; Diversified tenant base; Built in 1986
