748 Bell Rd Phoenix, AZ 85022
- Strip malls
- 4,606 SF
- 0.70 lot acres
Current Use by Public Records
- Tropical Sno / Dessert Shop
- AT&T Store / Telecommunications Service Provider / Cell Phone Store
Property Details for 748 Bell Rd
- Year built
- 2005
- Construction
- CONCRETE
- Lot size
- 0.70 lot acres
- Property size
- 4,606 SF
- Zone code
- C-2
- Property type
- Strip malls
- Property subtype
- Neighborhood centers
- APN
- 214-13-001E
- APU
- 21413001E
Description
This exceptional 1,736 square foot retail space is ideally located on East Bell Road, boasting high visibility at a major intersection. The property is situated in a thriving commercial area experiencing steady customer traffic, offering significant potential for any business. This single available unit is strategically positioned between two established national tenants, ensuring high foot traffic and brand recognition benefits. The property features convenient on-site parking for customers and employees, enhancing accessibility and convenience. The "Street Retail, Strip Center" classification ensures excellent visibility and easy access for customers. This space presents a unique opportunity for businesses seeking a prime location with high visibility and ample parking in a bustling commercial area. The 1,736 square feet provide ample space for a variety of retail uses, making it an attractive option for a diverse range of businesses. The property's location within a successful strip center guarantees a consistent flow of potential customers, maximizing the chances of business success. This is a turnkey opportunity for a business looking to establish or expand its presence in a high-traffic area. Don't miss out on this exceptional retail space.
Value Estimations
-
AI approach
- Method
- Estimation
- Statistic approach
- $840,000
-
CAP approach
- CAP Return
- Estimation
- 6%
- $1,145,000
- 6.5%
- $1,055,000
- 7%
- $980,000
-
Alternative Use
- Use
- Estimation
- NEIGHBORHOOD: SHOPPING CENTER
- $1,170,000 Current use
- OFFICE BUILDING
- $1,380,000 Change: +18% Conversion: Moderate
- RETAIL STORES
- $1,370,000 Change: +17% Conversion: Easy
- MEDICAL BUILDING
- $1,225,000 Change: +4% Conversion: Difficult
- WAREHOUSE, STORAGE
- $1,195,000 Change: +2% Conversion: Difficult
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Location Insight
- Map
- Local Demand
- City
- Phoenix
- County
- Maricopa
- State
- Arizona
- Longitude
- -112.064
- Latitude
- 33.6407
- CBSA code
- 38060
- CBSA name
- PHOENIX-MESA-SCOTTSDALE, AZ METROPOLITAN STATISTICAL AREA
