Phoenix, AZ 85023

WinCo Shops @ 3rd Ave

Property Address

320 West Bell Road, Phoenix, AZ 85023, USA

Offering Summary

  • Price: $4,977,000
  • Lot Size: 1.12 Acres
  • Cap Rate: 6.15%
  • Year Built: 2020
  • Building SF: 7,700
  • Status: Available
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  • 100% Leased to a Diverse Tenant Mix with All Triple-Net (NNN) Leases
  • Attractive Rent Growth with 12% Increases Every Five Years for Black Rock Coffee and Annual Increases for All Other Tenants
  • Outparcel to WinCo Foods Grocery Store, the #1 Ranked Location in Arizona per Placer.ai
  • Drive-Thru Black Rock Coffee Location and Outdoor Patio Seating for The Buffalo Spot
  • Excellent Frontage and Accessibility Along West Bell Road, a Major Phoenix East-West Arterial with Over 46,000 Cars per Day
  • Strategic Position in the Dense Bell Road Retail Corridor near Bell Towne Plaza and Fountain Square, Anchored by Target, Safeway and LA Fitness

Broker Information