3522 W Bell Rd Glendale, AZ 85308
Property Lookup
Property profile & analytics
3522 W Bell Rd Glendale, AZ 85308
- Outlet malls
- 28,260 SF
- 1.70 lot acres
Property ID
US07-1768468
The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.
Location Intelligence
Current Use by Public Records
- Dollar Tree / Grocery & Convenience Store / Food Market
- Woodland Plaza Shopping Center / Shopping Center & Mall
Property Details for 3522 W Bell Rd
- Year built
- 1981
- Construction
- CONCRETE
- Lot size
- 1.70 lot acres
- Property size
- 28,260 SF
- Zone code
- PSC
- Property type
- Outlet malls
- Property subtype
- Shopping centers
- APN
- 207-19-006R
- APU
- 20719006R
Description
This exceptional investment opportunity presents a 12,500 square foot Dollar Tree storefront in Glendale, Arizona, boasting a strong 6.50% cap rate and a Net Lease structure with a corporate guarantee. The property, built in 1981 and situated on a 1.7-acre lot, features a recently refreshed exterior and enjoys 100% occupancy with a lease expiring April 30, 2028, offering a remaining term of 3.4 years, plus a five-year option. The current Net Operating Income (NOI) stands at $191,365, translating to a price per square foot of $235.53. Dollar Tree, a highly rated investment-grade tenant (S&P BBB rating), has occupied the space since 2008, demonstrating long-term commitment as evidenced by their recent storefront sign installation. The property benefits from a high-traffic location, with approximately 67,038 vehicles per day passing the intersection of 35th Avenue and Bell Road. Furthermore, the property enjoys proximity to a dense population (approximately 336,149 residents within a 5-mile radius) and significant consumer spending ($4.1 billion estimated). Convenient access to I-17, a major commuter artery with approximately 200,400 vehicles per day, further enhances the property's strategic location. This is a compelling investment opportunity with a resilient tenant and strong underlying market fundamentals.
Value Estimations
based on Realmo’s proprietary methodology
-
Comparable approach
- Method
- Estimation
- Statistic Estimate
- $3,688,000
- AI Estimate
- $3,688,000
Market price range: $3.69M - $12.2MMarket price range: $3.69M - $12.2M
Get a detailed, property-specific estimation — fast and free
Location Insight
- Map
- Local Demand
- City
- Glendale
- County
- Maricopa
- State
- Arizona
- Longitude
- -112.135
- Latitude
- 33.6411
- CBSA code
- 38060
- CBSA name
- PHOENIX-MESA-SCOTTSDALE, AZ METROPOLITAN STATISTICAL AREA
Property Tax & Assessments
Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$25,934
$0.00
$0.00
$392,366
-
$1,234,400
$1,143,578
$2,377,978
