14811 Bell Rd Surprise, AZ 85374
- Office Properties & Spaces
- 1,473 SF
Current Use by Public Records
- Office Properties & Spaces
Property Details for 14811 Bell Rd
- Property size
- 1,473 SF
- Property type
- Office Properties & Spaces
- Property subtype
- Medical offices
Description
This exceptional 1,473 square foot office condo in Surprise, Arizona, presents a compelling investment opportunity. Located at 14811 W Bell Rd, this property boasts a strong 6.50% cap rate and a Net Operating Income (NOI) of $38,615. Currently occupied by Advanced Pain Management under a new, triple-net (NNN) lease commencing August 2024 and extending through July 2029, with annual rent increases of 3%. The tenant is responsible for all repairs and expenses, including HVAC, making this a low-maintenance investment. The property is part of a larger portfolio, offering potential for bundled purchases. Its convenient location near Surprise Stadium, Surprise Tennis and Racquet Complex, and White Tank Mountain Regional Park provides easy access to dining, retail, recreation, and stunning outdoor spaces. The asking price is $594,092, translating to $403.32 per square foot. The property's Assessed Property Number (APN) is 509-12-811. This is a turnkey investment in a thriving Arizona community. The property is classified as both medical and traditional office space.
Value Estimation
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Location Insight
- Map
- Local Demand
- City
- Surprise
- County
- Maricopa
- State
- Arizona
- Longitude
- -112.379
- Latitude
- 33.6383
