Phoenix, AZ 85032

Trophy Wells Fargo Ground Lease

Property Address

4750 E Bell Rd Phoenix, AZ 85032

Offering Summary

  • Price: $6,407,200
  • Lot Size: 0.88 Acres
  • Cap Rate: 5.25%
  • Year Built: 2008
  • Building SF: 2,900
  • Status: In Escrow
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  • Absolute Triple Net (NNN) Ground Lease
  • 10 Percent Increases Every 5 Years
  • $95M in Deposits – Increasing 54%+ Year Over Year
  • Wells Fargo Consolidated a Branch West of the Subject Property Into This Site
  • Only Freestanding Wells Fargo within a 4 Mile Radius
  • Excellent Location on Signalized Hard Corner – Trophy Asset
  • Visible to Over 66,400 Cars per Day Along Bell Rd. & Tatum Blvd.
  • Adjacent to Major Retailers – Walmart Supercenter, The Home Depot, and Fry’s
  • 229,700+ Residents in Trade Area
  • Average Household Income Exceeds $95K in 1 Mile Radius

Broker Information