Office/Retail Space for Lease

Highlights:

• Unique Freestanding Mixed-Used Property For Sale in Northeast Phoenix
• ±8,464 SF Between 2 Buildings
• Featuring Ground Floor Retail/Office & Second Story Office/Residential
• All Suites are Separately Metered
• Tremendous Upside for Investor Looking to Stabilize Occupancy, Increase Rents & Enhance Overall Tenant Composition
• Potential for Owner/User Looking to Occupy Portion of the Building w/ Additional Supplemental Income
• Long-Term Tenants in Place Currently on Month-to-Month Basis
• Immediate Access to SR-51 & Loop-101 Freeways
• Prime Exposure Along Bell Road w/ ±45,000 VPD
• Strong Labor-Driven Market w/ a Variety of Well-Respected Local Businesses
• Close Proximity to Paradise Valley Community College, Desert Ridge Mall, High Street Entertainment District, Mayo Clinic & MIM

Description:

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 the potential for an investor to stabilize occupancy, increase rents, and enhance the tenant composition, this property presents a 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.

The subject property is located along Bell Road, west of 32nd Street. The property has immediate access to the SR-51 and Loop 101 Freeways. There are numerous amenities in the immediate area, including Paradise Valley Community College, less than 1 mile to the northeast. There are numerous retail and lifestyle amenities in close proximity including Desert Ridge Shopping and Entertainment District, High Street Shopping and Entertainment District, Mayo Clinic Hospital, JW Marriott, and the Musical Instrument Museum. This mixed used property also has excellent visibility and frontage along Bell Road, which sees nearly 45,000 vehicles per day.

2 Spaces Available

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