Multi-Tenant Office Building For
7111 W Bell Rd Glendale, AZ
For Sale
Contact for pricing
Two-building office property with modernized common areas and ample parking.
Property Size36,010 SF
Lot Size3.04 Acres
Price / SF$240.63
Days on Market250
Property Features for 7111 W Bell Rd
General Information
- Standard status
- Active
- Size
- 36,010 SF
- Lot size
- 3.04 Acres
- Property subtype
- OFFICE
Properties For Sale
at 7111 W Bell Rd Contact us
Listing Agency:
Phoenix West Commercial
(623) 748-1958
Listed By:
Bobbie Mastracci · License #BR529358000
(623) 748-1958
Source:
Moodyscre
Added: Nov 17, 2025
Changed: Jul 6
Last Checked: Jul 21 at 6:02AM
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 Phoenix West Commercial
Investment Insights
Based on property information with market context.
This multi-tenant office property comprises two buildings, totaling approximately 36,010 square feet. Classified as B-class, the property features modernized common areas with ongoing renovations since 2019. Parking is provided with a ratio of 4.22 spaces per 1,000 square feet, including 67 covered stalls. A common conference room with a seating capacity of 49 is available as an amenity and is included in the rent. The property benefits from exceptional access to retail, dining options, and the freeway network, making it an attractive location for suburban office tenants.
Key Highlights
- Exceptional access to retail, dining, and freeway network.
- Modernized common areas with ongoing renovations since 2019.
- Benefit from covered parking with a ratio of 4.22 / 1,000 SF, including 67 covered stalls.
Financial Insights For Office B
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 | $950.7k | $26.40 |
| − Vacancy | −$213.9k | −$5.94 |
| EGI | $736.8k | $20.46 |
| − OpEx | −$184.2k | −$5.12 |
| NOI | $552.6k | $15.35 |
36,010 SF · lease $26.40/SF/yr · vacancy 22.50% · expense 25.00%
Alternative Uses
Best Use
Office B
$7.89M
$6.91M – $9.21M
NOI $552,573 @ 7.0% cap · market cap 6.38%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$11.31M
$9.90M – $13.20M
NOI $791,782 @ 7.0% cap · market cap 9.14%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Bryan Wilber with ...
Loan Service
Anthony Jasperson | Fairway ...
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Ryan Murray | Fairway ...
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Bryan Matthew Wilber ...
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Kyle Franklin | Fairway ...
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FAQs
What type of property is this?
Office building - Two-building office property with modernized common areas and ample parking.
Where is this office building located?
The property is located at 7111 W Bell Rd Glendale, AZ.
What is the asking price?
The asking price for this property is $8,665,000.
What are key features of this property?
This property features: Exceptional access to retail, dining, and freeway network.; Modernized common areas with ongoing renovations since 2019.; Benefit from covered parking with a ratio of 4.22 / 1,000 SF, including 67 covered stalls.
