Professional Office
5245 East Bell Road, Scottsdale, AZ 85254
For Sale
Contact for pricing
The two suites are separately parceled and available individually or as a combined office property.
Property Size1,803 SF
Price / SF$379.92
Days on Market47
Property Features for 5245 East Bell Road
General Information
Standard status
Size
Property subtype
Site & Location
Highway Access
Road Access
Additional Details
Property Use
Listing Agency:
SVN | Desert Commercial Advisors
Listed By:
Richard Lewis · License AZ SA674245000
(602) 327-0064
Source:
Crexi
Added: Sep 29
Changed: Nov 11
Last Checked: Nov 12 at 8:23AM
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 SVN | Desert Commercial Advisors
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Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
Bell Professional Center contains two office condominium suites, Unit 141 at ±2,354 SF and Unit 142 at ±1,803 SF, totaling ±4,157 SF. Each has a reception area, conference room, private offices, open work area, kitchen and two restrooms. The layouts combine enclosed and shared workspace with administrative office functions.
The property fronts Bell Road and offers access to SR-51 and Loop 101. Its address is in the 85254 Scottsdale address and Phoenix services area, with established residential neighborhoods and professional businesses surrounding the property.
The property fronts Bell Road and offers access to SR-51 and Loop 101. Its address is in the 85254 Scottsdale address and Phoenix services area, with established residential neighborhoods and professional businesses surrounding the property.
Key Highlights
- Two separately parceled office suites may be acquired one at a time or together
- Unit 141 measures ±2,354 SF; Unit 142 measures ±1,803 SF, for ±4,157 SF combined
- Each suite includes reception, a conference room, private offices, open work areas, a kitchen and two restrooms
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$28,545
Cap Rate
4.17%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$570,900
$570.9K
Cap Rate 7%
$407,786
$407.8K
Cap Rate 9%
$317,167
$317.2K
Market Conditions
NOI Build-Up for 1,803 SF
Gross rent
$46.3K $25.68/SF
− Vacancy
−$8.2K −$4.57/SF
EGI
$38.1K $21.11/SF
− OpEx
−$9.5K −$5.28/SF
NOI
$28.5K $15.83/SF
Area
Scottsdale, AZ
Vacancy
17.80%
Lease Rate
$25.68 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$570,900
Cap Rate 7%
$407,786
Cap Rate 9%
$317,167
Alternative Uses
Best Use
Office B
$407.8K
$356.8K – $475.8K
NOI $28,545 @ 7.0% cap · market cap 4.17%
Second Best
—
—
no second resolved use
Theoretical Best
Retail
$591.9K
$517.9K – $690.5K
NOI $41,431 @ 7.0% cap · market cap 6.05%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Current Use
Lease Details
Yes
Highway access
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
457
Businesses Nearby
Explore this area
Business Placement
Demographics for 85254, AZ
46,352
Population
21,469
Households
2.2
Avg Household Size
45
Median Age
60%
College-Educated
97%
High-School Grad
13.7 sq mi
ZIP Area
3,383
Density / Sq Mi
$120,885
Median Household Income
$61,953
Median Earnings
$1,954
Median Rent
$701,900
Median Home Value
Market
Average Price Trend$/SF for Office Units in Scottsdale, AZ
Properties on Market for Office Units in Scottsdale
Vacancy Rate% for Office in West region
Frequently Asked Questions
What type of property is this?
Office unit - The two suites are separately parceled and available individually or as a combined office property.
Where is this office unit located?
The property is located at 5245 East Bell Road Scottsdale, AZ.
What is the asking price?
The asking price for this property is $685,000.
What are key features of this property?
This property features: Two separately parceled office suites may be acquired one at a time or together; Unit 141 measures ±2,354 SF; Unit 142 measures ±1,803 SF, for ±4,157 SF combined; Each suite includes reception, a conference room, private offices, open work areas, a kitchen and two restrooms
