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Property profile & analytics
OFF-MARKET Estimated value $12,215,000
Strip malls

7369 Bell Rd Peoria, AZ 85382-4814

18,289 SF 8.06 ac lot Built 1999
Entity Owned Absentee Owner Free & Clear
Property ID
US07-0393324
Property summary
AI-generated overview

Arrowhead Palms, a 96,400 square foot retail strip center in Peoria, Arizona, presents a prime investment opportunity. Built in 1999, this multi-tenant property sits on a spacious 13.26-acre lot and is zoned C2. Currently, there are two available spaces, ranging from 1,890 to 4,037 square feet, totaling 22,115 square feet of vacant space. The center enjoys a highly desirable location, just one mile east of the Loop 101 freeway and directly across from the bustling Arrowhead Towne Center, ensuring high visibility and significant foot traffic. Excellent demographics and strong traffic counts make this an ideal location for a variety of retail businesses. The property boasts prominent building and monument signage opportunities, enhancing brand visibility. This well-maintained center offers a unique chance to establish or expand a business in a thriving commercial area within Maricopa County. The substantial lot size provides ample room for future expansion or development. The existing infrastructure and strategic location make this a compelling investment prospect for discerning buyers seeking a high-traffic, well-positioned retail property.

Property profile
Verified
Property type Strip malls
Use group SHOPPING CENTER, STRIP CENTER
Year built 1999
Construction CONCRETE
Total area 18,289 SF
Lot 8.06 ac (351,311 SF)
Zoning code C-2
APN 200-52-972
UPID US07-0393324
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
  • Greek Wraps Restaurant
  • Panda Express Restaurant
  • Phoenix Power Sweeping Hardware & Home Improvement
  • The Joint Chiropractic Alternative Medicine Practice
  • Jamba Specialty Food Shop (Bike/Boat/Book/etc) Store
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$14.96M
Blend (final) Blend
$12.22M
Owner & transaction history
ARROWHEAD PALMS LLC
ARROWHEAD PALMS LLC
Zoning & alternative use
C-2 · Peoria, AZ
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Retail stores $12.7M +82.5%
Restaurant $10.4M +49.5%
Commercial (general) $10.0M +42.7%
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