Property summary
This exceptional retail investment opportunity is located in a thriving Phoenix, Arizona strip center at 1606 E Bell Rd, 85022. The property, known as Tierra Del Sol, boasts a total of 43,622 square feet of leasable retail space, spread across multiple units. Currently, five individual spaces are available, ranging in size from 1,228 square feet to 2,920 square feet, offering flexibility for a variety of retail businesses. The center is conveniently situated off Bell Road, providing excellent visibility and accessibility for customers. Ample parking is available with 150 spaces to accommodate both tenants and shoppers. The property is located in Maricopa County, Arizona, benefiting from a strong local economy and a dense population base. This presents a compelling investment opportunity for those seeking a well-located, established retail center with immediate income potential and significant upside. The property's size and layout offer potential for expansion or redevelopment, further enhancing its long-term value. The multiple tenancy structure provides diversification and resilience, mitigating risk and ensuring a stable income stream. This is a rare chance to acquire a prime retail asset in a high-demand area of Phoenix.
Property profile
VerifiedCap rate & NOI
Current use
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Pet Adoption Service Animal Shelter
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Clothing & Fashion Store
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Restaurant
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Marketing & Advertising Printing Service
Location
Value estimations
Owner & transaction history
Zoning & alternative use
The purpose C-2 zone is to provide commercial uses of medium intensity designed to be compatible with each other and to provide for a wide range of types of commercial activity within the district
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Value estimation
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Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
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Price sensitivity
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Property tax & assessments
Tax year 2023Property description
Physical attributes from public recordsZoning & alternative use
C-2 · Phoenix, AZThe purpose C-2 zone is to provide commercial uses of medium intensity designed to be compatible with each other and to provide for a wide range of types of commercial activity within the district
Zoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
Zoning designation
Official district profile
The purpose C-2 zone is to provide commercial uses of medium intensity designed to be compatible with each other and to provide for a wide range of types of commercial activity within the district
What can be built and operated here — officially.
The district profile from the municipal source: what is on file for C-2 in Phoenix, AZ.
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