11325 W Bell Rd, Surprise, AZ 85378
Office building in the Northwest Valley, ideal for owner/user.
- Added:
- Nov 1, 2024
- Days on Market:
- 596
- Last Refresh:
- May 12 at 9:52 pm
Property Features for 11325 W Bell Rd
General Information
- Standard status
- Active
- Size
- 6,204 SF
- Property subtype
- Office
Building Details
- Year Built
- 2003
Listing agent Dallin Pace License #AZ BR676008000
Listing office Commercial Properties Inc. (480) 522-2774
Listing date Nov 1, 2024
Source Crexi
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 Commercial Properties Inc.
HighLights
- Income‑generating property with multiple buildings currently leased.
- One building is vacant, providing IMMEDIATE OCCUPANCY opportunity.
- Located in the heart of the Phoenix metropolitan area.
- Convenient access to major transportation arteries.
- Proximity to Surprise Retail District and Bell Mar Plaza.
- Built in 2003.
Overview
Local 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 | $163.8k | $26.40 |
| − Vacancy | −$44.5k | −$7.18 |
| EGI | $119.2k | $19.22 |
| − OpEx | −$29.8k | −$4.80 |
| NOI | $89.4k | $14.41 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Surprise
- County
- Maricopa
- State
- Arizona
- Longitude
- -112.302544
- Latitude
- 33.63861
