7704 Bell RdGlendale, AZ 85308
- Turn key restaurants
- 6,269 SF
Property Details for 7704 Bell Rd
- Year built
- 1995
- Construction
- CONCRETE
- Lot size
- 1.06 AC
- Property size (Sq ft)
- 6,269 SF
- Zone code
- PAD
- Property type
- Turn key restaurants
- APN
- 200-43-006U
- APU
- 20043006U
Description
This exceptional 6,062-square-foot freestanding restaurant is situated on a 1.06-acre lot in Glendale, Arizona. Ideally located at 7704 W Bell Rd, 85308, this single-tenant property offers unparalleled visibility and accessibility. Its prime location is an outparcel to the Arrowhead Towne Center, a major regional shopping mall boasting nearly 1.2 million square feet of retail space and over 180 stores, including anchor tenants Macy's, Dillard's, JCPenney, Dick's Sporting Goods, and AMC Theatres. The property benefits from high traffic counts due to its direct access from the Loop 101 and Bell Road, and its proximity to numerous master-planned communities. Furthermore, its location across the street from the Peoria Sports Complex, home to spring training for the Seattle Mariners and San Diego Padres, guarantees a steady stream of visitors. Market analysis indicates this intersection boasts top-performing restaurants, with several national chains achieving number one or two rankings in foot traffic according to Placer.ai. This presents a unique opportunity for a restaurant operator to capitalize on a high-demand location with exceptional visibility and established consumer traffic. The property is currently vacant, providing a blank canvas for a new concept or relocation of an existing business. A virtual tour is available.
Valuation
by Paperhouses methods
- Valuation date:
- Dec 11, 2024
-
CAP approach
- CAP return
- Valuation
- 6%
- $1,549,958
- 6.5%
- $1,430,731
- 7%
- $1,328,536
-
Comparable approach
- Method
- Valuation
- Relative Method
- $2,435,243
- Geo Method
- $2,435,243
-
Alternative Use
- Use
- Valuation
- Residential
- $1,206,875
- Hospitality
- $1,105,491
- Educational
- $919,756
- Medical
- $951,387
- Retail
- $1,430,731
Location Insight
- City
- Glendale
- County
- Maricopa
- State
- Arizona
- Latitude
- 33.6393
- Longitude
- -112.225
- CBSA code
- 38060
- CBSA name
- PHOENIX-MESA-SCOTTSDALE, AZ METROPOLITAN STATISTICAL AREA
Property Tax & Assessments
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
FAQs
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- Please email our support team at [email protected] and they will add the team member.
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