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14811 W Bell Rd

1,473 SF Office/Medical Condo Unit Offered at $594,092 in Surprise, AZ 85374

Investment Highlights

  • ST NNN Investment Opportunity
  • Strong Tenant Operating Since 2007
  • Well Located Offices Throughout the Phoenix and Tucson Markets
  • Brand New 5 Year Lease w/ 3% Annual Increases
  • Part of a 7 Property Portfolio Available Together or Separate

Executive Summary

Stadium Village is located in Surprise, AZ. Situated near the heart of Surprise, this location provides convenient access to numerous dining options, retail centers, and recreational facilities. Notable nearby attractions, including Surprise Stadium and Surprise Tennis and Racquet Complex, offer a range of entertainment possibilities. The location also benefits from proximity to stunning outdoor spaces such as White Tank Mountain Regional Park, creating an ideal balance between work and leisure. Invest in the dynamic community surrounding 14811 W Bell Rd for a promising commercial real estate opportunity.

Property Facts

Price $594,092
Unit Size 1,473 SF
No. Units 1
Total Building Size 7,130 SF
Property Type Office (Condo)
Property Subtype Medical
Sale Type Investment NNN
Building Class B
Floors 1
Typical Floor Size 7,130 SF
Year Built 2008

1 Unit Available

Unit 103

Unit Size 1,473 SF
Price $594,092
Price Per SF $403.32
Condo Use Office/Medical
Sale Type Investment
Cap Rate 6.50%
NOI $38,615.98
APN/Parcel ID 509-12-811
Sale Notes

SVN is pleased to present to the market this NNN investment opportunity located in Surprise, AZ. The property consists of a 1,473 SF office condo currently occupied by Advanced Pain Management. While the tenant has operated out of this location for many years, they recently executed a brand new lease commencing in August 2024 and continuing through July 2029 with three percent (3%) annual increases. The lease is a true NNN lease in which the tenant reimburses the Landlord for expenses and is responsible for all repairs including HVAC repairs and/or replacement. The common areas are managed by an association. This offering is part of a larger portfolio of seven properties for sale that can be purchased together or separately.

Amenities

  • 24 Hour Access
  • Security System
  • Signage
  • Kitchen
  • Reception
  • Natural Light
  • Air Conditioning

zoning

Zoning Code PAD (Planned Area Development)
PAD (Planned Area Development)
  • Listing ID: 32619402

  • Date on Market: 7/29/2024

  • Last Updated:

  • Address: 14811 W Bell Rd, Surprise, AZ 85374

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