$20,677
Phoenix, AZ 85032
MLS# 6283343
Status: Closed
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Property Description
Bell Plaza at Cave Creek is a single story, hard-corner retail, neighborhood shopping center located in North Phoenix, less than 1 mile from Paradise Valley Community College (11,000 students, teachers & staff). The property is situated in a commercial area, approximately 1.5 miles west of State Route 51 (SR-51), and approximately 2.1 miles south of the Pima Freeway (Loop 101), at the northwest corner of Bell Road and Cave Creek Road, both major thoroughfares in Central Phoenix, with combined traffic counts over 80,000 vehicles per day. Renovated in 2012, Bell Plaza at Cave Creek offers a drive thru PAD on Bell Road, big box available on Bell Road (+/- 33,677 SF), and high visibility endcap retail space (+/- 8,173 SF), with monument signage available on Bell Road and Cave Creek Road.
Details
Maps
Contract Info
Current Price: $20,677
Lease Price/HiSeason: 20677
Mntly Lse Prc P/SqFt: 1
Status: Closed
List Date: 2021-08-23
Lease Type: NNN
Date Available: 2021-02-18
Buyer/Broker: Y
Buyer Broker $/%: %
Location, Tax & Legal
Map Code/Grid: K35
House Number: 17002
Compass: N
Street Name: CAVE CREEK
St Suffix: Road
Unit #: Anchor
City/Town Code: Phoenix
State/Province: AZ
Zip Code: 85032
Zip4: 2420
Country: USA
County Code: Maricopa
Legal Description (Abbrev): SE4 SE4 SE4 SEC 34 EX COM SE COR SEC 34 TH N 240F W 55F TO TPOB TH W 231.50F S 185F E 96.50F N 135F
Assessor's Map #: 8
Assessor's Parcel #: 32
Assessor Parcel Ltr: J
Add'l Parcels: No
Assessor Number: 214-08-032-J
Legal: SE4 SE4 SE4 SEC 34 EX COM SE COR SEC 34 TH N 240F W 55F TO TPOB TH W 231.50F S 185F E 96.50F N 135F
Census Tract: 619400
Tax Municipality: Phoenix
Taxes: 72313
Tax Year: 2022
Marketing Name: Bell Plaza @ Cave Creek
General Property Description
Type of Property: Retail Strip Center
Ttl Apx SqFt Bldg: 63903
Ttl Apx Net Rnt Spc: 20677
Lot Size Dimensions: IRR
Year Built: 1966
Uncvrd Parking Spcs: 371
Zoning: C-2, Phoenix
Remarks & Misc
Cross Street: Cave Creek Rd / Bell Rd
Directions: Property is on the northwest corner of Cave Creek Rd and Bell Road. The property is approximately 2.1 miles south of the Loop 101 (Cave Creek) and 1.5 miles west of the State Route 51 (Bell).
Geo Lat: 33.640899
Geo Lon: -112.03141
Status Change Info
Status Change Date: 2023-02-01
Off Market Date: 2022-12-22
Under Contract Date: 2022-10-01
Close of Escrow Date: 2023-01-31
Sold Price: $20,677
Legal Info
Township: 4N
Range: 3E
Section: 34
Lease Info
Suite Size Avail Max: 33677
Space Divisible: Yes
Annual Lease Price: 248124
Annual Lse Prc P/SF: 12
Base Rent Escalation: Yes
Lease Year (Min-Max): 3-5
Annual CAM/SqFt: 3.5
Contact Info
List Agent Cell Phn2: 602-799-7483
Property Features
Building Type: Commercial
Current Use: Retail
Type of Lease: NNN
Stories: 1 Story
Floor Location: Ground Floor
Construction: Block
Roofing: Foam
Floors: Concrete
Ceiling Height: 10.1 Feet to 12 Feet; 12.1 Feet to 14 Feet
Cooling: Central A/C
Landlord Pays: Other (See Remarks)
Tenant Pays: Electric; Other (See Remarks)
Move in Costs: 1st Months Rent; Last Months Rent
Exterior: Dual Street Frontage; Building Sign; Monument Sign
Loading Facilities: Grade Level
Parking: Free; Paved Parking
Electric: APS
Gas: None
Water: City Franchise
Sewer: Sewer - Public; Sewer in & Cnctd
Traffic Count: 75,001 - 100,000
Freeway/Highway: 1.1 - 2 Miles; 2.1 - 5 Miles
Lease Includes: Other (See Remarks)
Lease Conditions: Other (See Remarks)
Showing Notification Methods: Text; Email; Phone Call
Lockbox Type: None
Commission: Pd 1/2 on Sign
Reports/Disclosures: None
Environmental: Other (See Remarks)
Listing Office: Vestis Group
Last Updated: February - 01 - 2023
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