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DOLLAR TREE 3522 W Bell Rd

12,500 SF Retail Building Glendale, AZ 85308 $4,135,476 CAD ($331 CAD/SF) 6.50% Cap Rate

Investment Highlights

  • Dollar Tree has operated at this location since 2008, and just installed a brand-new storefront sign showing their commitment to the location.
  • The Shopping Center just had a full exterior refresh with a new paint job, and is nearly fully occupied.
  • Strong value proposition appealing to cost conscious shoppers, given their low price point and diversified product offerings.
  • Below Market Rent being just $15.55 Per Square Foot for the ±12,500 SF space.
  • Dollar Tree Stores, Inc is an investment grade tenant which boasts an S&P Credit Rating of BBB, and operates ±16,000 stores across the U.S.
  • Very dense traffic corridor benefiting from ±67,038 VPD at the 35th Ave and Bell Rd Intersection.

Executive Summary

Simon Assaf
License No. CO7019100 (AZ)
(866) 889-0550
Matthews Real Estate Investment Services, Inc
4110 N Scottsdale Rd Suite 100,
Scottsdale, AZ 85251

Property Facts

Sale Type
Investment
Property Type
Retail
Property Subtype
Freestanding
Building Size
12,500 SF
Building Class
C
Year Built
1981
Price
$4,135,476 CAD
Price Per SF
$331 CAD
Cap Rate
6.50%
NOI
$268,807 CAD
Tenancy
Single
Building Height
1 Story
Building FAR
0.17
Land Acres
1.70 AC
Zoning
C-R - Commercial

Amenities

  • Wheelchair Accessible
  • Air Conditioning

Nearby Major Retailers

Starbucks
Chase Bank
U.S. Bank
Bank of America
BMO
Fry's Food Pharmacy
Smart & Final
Filiberto's Mexican Food
IHOP
Denny's

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
207-19-006R
Land Assessment
$0 CAD
Improvements Assessment
$0 CAD
Total Assessment
$345,570 CAD
  • Listing ID: 33644266

  • Date on Market: 2024-10-25

  • Last Updated:

  • Address: 3522 W Bell Rd, Glendale, AZ 85308

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