Technical
Financial
Distress signals
Property profile

7369 W Bell Rd Peoria, AZ 85382

FOR LEASE
Strip malls
Property ID
US07-0393324
18,289 SF 8.06 ac lot Built 1999
Entity Owned Absentee Owner Free & Clear
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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

Current use

Occupant on record · Public records
  • Restaurant
  • Restaurant
  • Hardware & Home Improvement
  • Alternative Medicine Practice
  • Specialty Food Shop (Bike/Boat/Book/etc) Store

Location

7369 W Bell Rd Peoria, AZ 85382
Peoria metro Census 71511 PHOENIX-MESA-SCOTTSDALE, AZ METROPOLITAN STATISTICAL AREA
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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

Zoning & alternative use

C-2 · Peoria, AZ
Zoning description

Intermediate Commercial District (C-2). The C-2 District is intended to provide a shopping center for the sale of convenience goods and personal services. In order to prevent the establishment of undesirable "strip" comm…

General category COMMERCIAL
Top alternative use upside
Retail stores $12.7M +82.5%
Restaurant $10.4M +49.5%
Commercial (general) $10.0M +42.7%

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
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