Active
1414 W BELL Road
Phoenix AZ, 85023
$1,506,982
$479.78 per sqft
Active
3,141 sqft
Other
Built in 1988
Zero Landlord Responsibilities:
-Single Tenant, Ground Lease Investment Opportunity - Jiffy Lube.
-Extremely Profitable Location for Corporate Operator
-5 Years Remaining on Current Lease - Term with 2-5 Yr Options.
-Tenant Has Strong Commitment to Site - Extended Base Term Early.
-Proven Retail Location - In Operation at this Location. Since 1988 Attractive 3% Rental Increases Yearly.
-Rare Corporate Guarantee with Shell Oil.
Highly Trafficked Site - Combined 70,000+ AADT (W Bell Rd. & N 15th Ave.)
-Densely Populated Area - Over 168,791 Residents within 3 Mile Radius.
-High Growth Area - 14% Expected Growth in Population for 5 Mile Radius.
6521331
MLSⓇ ID
February 16, 2023
Listed
March 20, 2024
Updated
Map
1414 W BELL Road
Phoenix AZ, 85023
Interior Features
Floor Description
Concrete, Other
Fireplace
No
Cooling
Yes
Cooling Description
Central A/C
Heating
Yes
Heating Description
Other
Exterior/Building Features
Lot Size
0.6 Acres
Roof
Foam, Rolled/Hot Mop
Sewer
Other
Other Property Details
Taxes
$8,134
Tax Frequency
Annually
Days on Market
374
Garage
No
Parking
Free
Parking Total
6
View
No
County
Maricopa
Pool
No
Zoning
C-2
Buyer Agency Compensation
2%
Listing History
Date | Event | Price |
|---|---|---|
10/26/2023 | Price Change | $1,506,982 -1% |
Courtesy of West USA Realty, Dustin J Olive
Listing Contact: 480-785-6761
All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) nor The Karas Group shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless.
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Data Last Updated: 7:49 PM UTC, 3/20/2024.
