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Property profile & analytics
FOR LEASE
Strip malls
17037 N 43Rd Ave Glendale, AZ 85308
Individually Owned
8-yr Hold
~
Est. High Equity
Property ID
US07-0535937
For Lease
1 / 2
$2,185,000
17037 N 43Rd Ave, Glendale, AZ 85308
View Listing →
Property profile
Verified
Property type
Strip malls
Use group
SHOPPING CENTER, STRIP CENTER
Year built
1986
Construction
CONCRETE
Total area
18,852 SF
Lot
1.76 ac (76,505 SF)
Zoning code
PSC
APN
207-18-588
UPID
US07-0535937
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
-
Bell Park Dental Dental Office
-
Subway Take-out & Catering
-
Wisdom Teeth Guys Dental Office
-
Alterations Inc (Bike/Boat/Book/etc) Store
-
TCI Thrift Store (Together Creating Independence, Inc.) Discount Store
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$2.30M
Blend (final)
Blend
$2.19M
Owner & transaction history
Triumph Bell Park Plaza Acq · 8 yrs held
Triumph Bell Park Plaza Acq
since 2018
7 recorded transactions
Zoning & alternative use
PSC · Glendale, AZ
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Glendale submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Glendale submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
Method
Estimation
Statistic approach
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$2.19M
Range $1.97M – $2.40M · ±10%
Realmo estimate · informational only.
These numbers are calculated by our models from public records and may not reflect actual market value.
Not an appraisal.
Verify with a licensed appraiser before transacting. Realmo accepts no liability for divergence from real-world outcomes.
View the full estimation — every method, every assumption
Confidence drivers & risk notes · Custom comparable set · Free for first 3 / day
Full estimation methodology
Every method · every assumption · confidence drivers
Price per SF
Sale + rent benchmarks
Subject property
$116 / SF
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2023Property tax & assessments
Tax year 2023
Tax billed
$24,011
Tax year 2023
Assessed value
$270,138
Assessed 2024
Previous assessed
$241,655
+11.8% YoY
Effective rate
8.89%
On assessed value
Land market value
$526,000
Improvement market value
$1,111,200
Total market value
$1,637,200
Applied tax rate
971,300.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Strip malls
Use group
SHOPPING CENTER, STRIP CENTER
Status
For Lease
Year built
1986
Construction
CONCRETE
Heating
PACKAGE
Cooling
YES
Stories
1
Total area
18,852 SF
Lot
1.76 ac (76,505 SF)
Zoning code
PSC
APN
207-18-588
UPID
US07-0535937
Jurisdiction
MARICOPA
Zoning & alternative use
PSC · Glendale, AZ
Zoning PSC · permitted uses
PSC · Glendale, AZ
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Glendale. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1986
Construction
CONCRETE
Heating
PACKAGE
Cooling
Yes
Stories
1
Lot
1.76 ac
Current owner
From public records · entity-resolved
Triumph Bell Park Plaza Acq
Individual
Mailing address
407 8TH CALGARY AVE SW XX
Ownership since
2018
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
7 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Feb 28, 2018
$7,230,000
Triumph Bell Park Plaza Acq
Hanley Properties V LLC
Grant Deed
—
Jan 8, 2008
—
Properties V Hanley
Ruth J Bonds Co I LLC
Warranty Deed
—
Mar 16, 2007
$4,250,000
Hanley Properties V LLC
Bell Park Center I LLC
Grant Deed
—
Aug 10, 2004
$3,150,480
Great Northern Properties Lllp
Bell Park Shopping Center LLC
Grant Deed
—
Aug 10, 2004
—
Bell Park Center I LLC
Great Northern Props Lllp
Grant Deed
related
—
—
—
Hanley Properties V LLC
—
Deed Of Trust
related
$4,150,000 · American Investors Life Ins
—
—
Bell Park Center I LLC
—
Deed Of Trust
related
$1,850,000 · American Investors Life Ins
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
Try Rey
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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