1414 W BELL Road Phoenix, AZ ^$ 1,506,982

1414 W BELL Road

^$ 1,506,982

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1414 W BELL Road

Phoenix, AZ, 85023

^$ 1,506,982

Studio Baths0.0 Sq 3,141

Monthly Estimate*

^$ 10,527

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Studio

Commercial Property for sale in Phoenix, AZ

for $1,506,982. This 3,141 square foot building was built in 1988 on a lot size of 0.6.

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.

Commercial Active

Price

^$ 1,506,982

Bedrooms

Studio

Property Type

Commercial

Taxes

^$ 8,134

Style

Comm/Industry Sale

Lot Size

0.6

Year Built

1988

Town/City

Phoenix

County/Region

Maricopa

MLS | Web ID

6521331

Features

General

Sewer Other

Heating Other

Cooling Central A/C

Roof Foam Rolled/Hot Mop

Zoning C-2

Construction Materials Block

Year Built 1988

Electric Other (See Remarks)

Township 4N

Tax Year 2022

Percent Ownership Leasehold

Gross Income 0.0

Business Type Other Retail Automobile

County Maricopa

Net Operating Income 82884.0

Operating Expense 8134.0

Insurance Expense 0.0

Property Type Comm/Industry Sale

Attached Garage N

Status Active

City Phoenix

Buyer Agent Compensation 2.00

Disclosures Other (See Remarks)

View Y/N N

Open Parking Spaces 5.0

Lot Size Square Feet 26049.0

Carport Y/N N

Street Name BELL

Tax Annual Amount 8134.0

Electric Expense 0.0

Fuel Expense 0.0

Trash Expense 0.0

Water Sewer Expense 0.0

Lease Renewal Y/N N

Lease Considered Y/N N

Rent Control Y/N N

Days on Market 435

Structure Type Other (See Remarks) Commercial

Standard Status Active

Tax Lot K

Cap Rate 5.5

Buyer Agent Compensation Type %

Ownership Leasehold

Senior Community N

Interior

Flooring Concrete

Street Suffix Road

Electric On Property Y/N N

Total Baths 0

Exterior

Fencing Other

Parking Features Free

Water Source Other

Total Parking 6.0

Lot Size Area 26049.0

Number of Buildings 1

Spa N

Lot Size Acres 0.6

Lot Size Units Square Feet

Covered Spaces 1.0

Crops Included Y/N N

Open Parking Y/N N

Irrigation Water Rights Y/N N

Internal Only

Street Number 1 1414

* Excluded Features

List By

West Usa Realty

Broker

dustinj.olive@gmail.com

Affordability Calculator

$11,205

Per Month

Monthly Principal & Interest: $10,527
Monthly Property Taxes: $678
Monthly Home Insurance: --

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Yearly Home Insurance

Default based on a 30-year fixed rate of 7.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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Nearby

Trends
Schools

Commerical listings in Phoenix, AZ

Average List Price ^$1,928,249

Percent of Sale Price 28%

About Phoenix, AZ

1,596,463 Population

20% Since 2002

^$51,132 Median Income

34.66 Median Age

32% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

260072 Elementary School

263420 Middle School

Unknown High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
10/26/2023	$1,506,982	-0.75%	Price Down
2/17/2023	$1,518,340		Listed Price

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1414 W BELL Road, Phoenix, AZ, 85023 is a Commercial Property for sale at $1,506,982 with 3,141 sqft and a lot size of 0.6. 1414 W BELL Road is a studio with 0.0 baths and was built in 1988. The property's zip code is 85023 which is in Phoenix, AZ

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 7.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange Program of the Arizona Regional Multiple Listing Service, Inc. Real Estate listings held by brokerage firms (licensees) other than Weichert Realtors are marked with the ARMLS logo and detailed information about them includes the name of the listing brokers.

All information should be verified by the recipient and none is guaranteed as accurate by ARMLS.

The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

Data is updated as of 5/1/2024.

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1414 W BELL Road

Commercial Property for sale in Phoenix, AZ

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