Separately Parceled Office
5425 E BELL RD #141, Scottsdale, AZ 85254
For Sale
Contact for pricing
Both suites provide reception, conference, private-office and open-work areas, along with a kitchen and two restrooms each.
Property Size2,354 SF
Price / SF$380.20
Days on Market47
Property Features for 5425 E BELL RD #141
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 8
Last Checked: Nov 12 at 6:35AM
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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Investment Insights
Based on property information with market context.
Bell Professional Center includes two office condominium suites, each available on its own or as part of a combined purchase. Unit 141 contains approximately 2,354 square feet, and Unit 142 contains approximately 1,803 square feet, for a combined 4,157 square feet. Each suite has a reception area, conference room, private offices, open bullpen space, a kitchen and two restrooms.
The property has frontage on Bell Road, with access to SR-51 and Loop 101. Its Scottsdale address is in the Phoenix services area, near established residential neighborhoods and a concentration of professional businesses.
The property has frontage on Bell Road, with access to SR-51 and Loop 101. Its Scottsdale address is in the Phoenix services area, near established residential neighborhoods and a concentration of professional businesses.
Key Highlights
- Units 141 and 142 are separately parceled and can be purchased individually or together
- Unit 141: approximately 2,354 SF; Unit 142: approximately 1,803 SF; combined: approximately 4,157 SF
- Each suite includes reception, a conference room, private offices, bullpen space, a kitchen and two restrooms
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$37,268
Cap Rate
4.16%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$745,360
$745.4K
Cap Rate 7%
$532,400
$532.4K
Cap Rate 9%
$414,089
$414.1K
Market Conditions
NOI Build-Up for 2,354 SF
Gross rent
$60.5K $25.68/SF
− Vacancy
−$10.8K −$4.57/SF
EGI
$49.7K $21.11/SF
− OpEx
−$12.4K −$5.28/SF
NOI
$37.3K $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%
$745,360
Cap Rate 7%
$532,400
Cap Rate 9%
$414,089
Alternative Uses
Best Use
Office B
$532.4K
$465.9K – $621.1K
NOI $37,268 @ 7.0% cap · market cap 4.16%
Second Best
—
—
no second resolved use
Theoretical Best
Retail
$772.8K
$676.2K – $901.6K
NOI $54,093 @ 7.0% cap · market cap 6.04%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
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Open Analytics
Current Use
Lease Details
Yes
Highway access
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
575
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
$701,900
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Average Price Trend$/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 - Both suites provide reception, conference, private-office and open-work areas, along with a kitchen and two restrooms each.
Where is this office unit located?
The property is located at 5425 E BELL RD #141 Scottsdale, AZ.
What is the asking price?
The asking price for this property is $895,000.
What are key features of this property?
This property features: Units 141 and 142 are separately parceled and can be purchased individually or together; Unit 141: approximately 2,354 SF; Unit 142: approximately 1,803 SF; combined: approximately 4,157 SF; Each suite includes reception, a conference room, private offices, bullpen space, a kitchen and two restrooms
