2841 E Bell Rd 8,464 SF 82% Leased Retail Building Phoenix, AZ 85032 $1,320,000 ($155.95/SF)

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INVESTMENT HIGHLIGHTS

±8,464 SF Between 2 Buildings Featuring Ground Floor Retail/Office and Second Story Office/Residential
Tremendous Upside for Investor Looking to Stabilize Occupancy, Increase Rents, and Enhance Overall Tenant Composition
Long Term Tenants in Place Currently on Month to Month Basis

All Suites are Separately Metered
Potential for Owner/User Looking to Occupy Portion of the Building w/ Additional Supplemental Income
Immediate Access to SR-51 and Loop-101 Freeways

EXECUTIVE SUMMARY

SVN Desert Commercial Advisors is pleased to present an extraordinary investment opportunity in Northeast Phoenix. This unique freestanding mixed-use property spans approximately 8,464 SF across two buildings. The ground floor offers retail/office space, while the second story provides office/residential units, each separately metered. With potential for an investor to stabilize occupancy, increase rents, and enhance the tenant composition, this property presents remarkable upside. Additionally, it offers the potential for an owner/user to occupy a portion of the building while receiving supplemental income from tenants. Its immediate access to major freeways and prime exposure along Bell Road, averaging approximately 45,000 VPD, further amplifies its investment appeal.

Sale OM - 2841 E Bell Rd

PROPERTY FACTS

Sale Type

Investment

Property Type

Retail

Property Subtype

Storefront Retail/Office

Building Size

8,464 SF

Building Class

Year Built/Renovated

1982/2023

Price

$1,320,000

Price Per SF

$155.95

Percent Leased

82%

Tenancy

Multiple

Building Height

2 Stories

Building FAR

0.61

Lot Size

0.32 AC

Zoning

C-2, Phoenix

Parking

15 Spaces (2.84 Spaces per 1,000 SF Leased)

Frontage

74’ on Bell Road and 29th Street

MAJOR TENANTS

Chd Furniture & Design Llc
Professional, Scientific, and Technical Services
-
-
-
-

E V O Vapor
Retailer
-
-
-
-

Evo Glass Studio
Retailer
-
-
-
-

Phoenix Psychic
Services
-
-
-
-

Shades of Green Multimedia
Arts, Entertainment, and Recreation
-
$12.77
Full Service
Aug 2021

Retailer
-
-
-
-

Here at VAPE Scottsdale, it is our mission - to not only offer you the highest level of quality VAPE Products on the market, but also supply you with the best possible vaping experience in town. Regardless of your knowledge.... WE Understand ! Our experienced, and knowledable staff is here to help you get the MOST, out of your vaping experience !

TENANT	INDUSTRY	SF OCCUPIED	RENT/SF	LEASE TYPE	LEASE END
Chd Furniture & Design Llc	Professional, Scientific, and Technical Services	-	-	-	-
E V O Vapor	Retailer	-	-	-	-
Evo Glass Studio	Retailer	-	-	-	-
Phoenix Psychic	Services	-	-	-	-
Shades of Green Multimedia	Arts, Entertainment, and Recreation	-	$12.77	Full Service	Aug 2021
	Retailer	-	-	-	-

SPACE AVAILABILITY

SPACE
SIZE
SPACE USE
POSITION
AVAILABLE

101
980 SF
Retail
-
Now

2841 E Bell Rd, Phoenix, AZ for sale Building Photo- Image 1 of 1 — Building Photo

The subject property is a mixed-use off/retail freestanding building, located along Bell Road. Available spaces include ground-level storefront retail, office space, and live-work opportunities. The existing tenant mix features, auto sales, staffing agency, hair salon, and a psychic. The building is ideal for a general office user, and or retail storefront users. Most of the available spaces feature full bathrooms (w/ shower).