Building Details

Tenancy Multi

Listing Agency: Marcus & Millichap - San Diego p***@marcusmillichap.com Show Phone

Listed By: Phil Sambazis · License #01474991

Source: Crexi

Added: Apr 11 Changed: Aug 29 Last Checked: Aug 29 at 8:21PM

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Investment Insights

Based on property information with market context.

This retail property comprises a 12,020-square-foot strip center with three tenants and 100% occupancy. The asset is located at 550 W Bell Road in Phoenix, Arizona 85023.

The property is offered with a reported 7.15% CAP rate, providing a concise profile for evaluating a leased retail asset.

Key Highlights

• 12,020‑square‑foot retail strip center
• 100% leased occupancy
• Three‑tenant configuration

Property Analytics

Property Profile

Current Use

Pawn1st Discount Store Leslie's Renovation Specialist Safeway Bakery Bakery Trisha A. McCurdy, Pharm Pharmacy Coinstar Kiosk | Bitcoin ... Atm

Suggested Use

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

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

100%

Occupancy

Multi-tenant

Tenancy

Location Intelligence

Trade Area within ½ mile

815

Businesses Nearby

Explore this area Business Placement

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

Market

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

Questions? Ask Rey

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What type of property is this? Where is this retail space located? What is the asking price? Find similar properties ... What are key features of this property?

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Frequently Asked Questions

What type of property is this?

Retail space - Fully leased retail center occupied by three tenants.

Where is this retail space located?

The property is located at 550 W Bell Road Phoenix, AZ.

What are key features of this property?

This property features: 12,020‑square‑foot retail strip center; 100% leased occupancy; Three‑tenant configuration