14811 Bell RdSurprise, AZ 85374

Property Details for 14811 Bell Rd

Property size (Sq ft)

1,473 SF

Property type

Healthcare properties

Property subtype

Other office properties

Description

This exceptional 1,473 square foot office condo in Surprise, Arizona, presents a compelling investment opportunity. Located at 14811 W Bell Rd, this property boasts a strong 6.50% cap rate and a Net Operating Income (NOI) of $38,615. Currently occupied by Advanced Pain Management under a new, triple-net (NNN) lease commencing August 2024 and extending through July 2029, with annual rent increases of 3%. The tenant is responsible for all repairs and expenses, including HVAC, making this a low-maintenance investment. The property is part of a larger portfolio, offering potential for bundled purchases. Its convenient location near Surprise Stadium, Surprise Tennis and Racquet Complex, and White Tank Mountain Regional Park provides easy access to dining, retail, recreation, and stunning outdoor spaces. The asking price is $594,092, translating to $403.32 per square foot. The property's Assessed Property Number (APN) is 509-12-811. This is a turnkey investment in a thriving Arizona community. The property is classified as both medical and traditional office space.

Location Insight

City

Surprise

County

Maricopa

State

Arizona

Latitude

33.6383

Longitude

-112.379

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