For Sale
$2,050,000

13926 Bell RdSurprise, AZ 85374

Vacant Bank, Redevelopment Opportunity

Overview

Added:
Dec 11, 2024
Days on market:
114
This exceptional 4,722 square foot bank building, located at 13926 W Bell Rd in Surprise, Arizona (zip code 85374), presents a compelling redevelopment opportunity. Built in 2004, the property sits on a sizable 47,708 square foot lot and offers a Net Rentable Area of 4,722 square feet. Currently vacant, this single-tenant property is available for sale at $2,050,000, translating to a price per square foot of $434.14. The property's pro-forma NOI is $165,000, projecting an attractive 8.05% cap rate. The lease type is NNN, offering potential investors a straightforward and potentially lucrative investment. The building's location in Maricopa County, Arizona, provides excellent access to a growing community. This is an ideal opportunity for investors seeking a high-return, redevelopment project in a desirable location. The property's size and layout offer significant flexibility for adaptive reuse, catering to a variety of potential uses. The substantial lot size also provides ample space for future expansion or additional development. This turnkey property is ready for its next chapter, offering a unique chance to capitalize on a prime location and strong market potential.

Highlights

  • $2,050,000 asking price for a vacant retail bank building.
  • 4,722 square foot building on a 47,708 square foot lot in Surprise, Arizona.
  • NNN lease type, single tenant, suitable for redevelopment.
  • Pro forma cap rate of 8.05% and pro forma NOI of $165,000.
  • Built in 2004, priced at $434.14 per square foot.

Property Details for 13926 Bell Rd

Property type
Retail properties, Banks
Square Feet
4,722 SF
Year Built
2004

Location Insight

City
Surprise
County
Maricopa
State
Arizona
Latitude
33.64014323
Longitude
-112.35980788
13926 Bell Rd, Surprise, Arizona

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13926 Bell Rd
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