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14155 W BELL Road, Surprise, AZ 85374

$4,618,660
Property Type: Comm/Industry Sale Square Footage: 12,948 Lot Size (sq. ft.): 94,854 Status: Closed
Current Price: $4,618,660 List Date: 5/23/2019 Last Modified: 10/10/2019

Description

Town Square at Surprise is an Ideal, 100% leased investment opportunity. It boasts a strong tenant line up cosisting of over 70% of national tenants. Located next to prominent retailers and restaurants such as In n Out, Starbucks, Panera, Red Robin, Comerica Bank, Dignity Health, and Kohl's department store to name a few. Please download the OM for full property information and drone video.

More Information MLS# 5930243

Contract Info

Current Price: $4,618,660 Sold Price: $4,618,660 Status: Closed List Date: 2019-05-23 Ownership: Fee Simple

Location Tax Legal

Map Code/Grid: L28 House Number: 14155 Compass: W Street Name: BELL St Suffix: Road City/Town Code: Surprise State/Province: AZ Zip Code: 85374 Zip4: 4186 Country: USA County Code: Maricopa Subdivision: CITY AT SURPRISE PHASE 2 Assessor Number: 501-18-539 Tax Year: 2018

General Property Description

Type of Property: Retail Investment Ttl Apx SqFt Bldg: 12948 # of Buildings: 1 Year Built: 2008 Uncvrd Parking Spcs: 134 Zoning: PAD

Remarks Misc

Cross Street: Bell Rd./Litchfield Directions: Fronts Bell Road just West of Litchfield. Geo Lat: 33.637933 Geo Lon: -112.364946

Status Change Info

Status Change Date: 2019-09-28 Off Market Date: 2019-08-01 Under Contract Date: 2019-08-01 Close of Escrow Date: 2019-10-01 Sold Price: $4,618,660

Legal Info

Township: 3N Range: 1W Section: 4 Lot Number: 2

Income Expenses

Gross Annual Sch Inc: 450730 Net Operating Income: 324354

Sold Info

Loan Type: Conventional Loan Years: 25 Payment Type: Fixed Clsing Cost Split: Normal - N Buyer Concession $/%: $ Seller Concession $/%: $

Property Features

Building Type: Commercial Current Use: Retail PAD Stories: 1 Story Construction: Block Roofing: Built-Up; Foam Floors: Concrete; Sealed; Ceramic Tile; Carpet Ceiling Height: 16.1 Feet to 28 Feet Heating: Natural Gas Cooling: Central A/C Loading Facilities: None Interior: Finished; Fire Sprinklers; Smoke Detector(s); Security System; Security Light(s); Alarm System; Phone System; Private Restrooms; Public Restrooms Exterior: Sprinkler Sys-Ground; Landscaping; Building Sign; Security Light(s) Fencing: Block; Partial Parking: Free; Public Parking; Private Parking; Paved Parking Electric: APS; Submetered System Gas: SW Gas; City Gas Water: City Franchise Sewer: Sewer - Public New Financing: Cash Only; Cash to Loan; 1031 Exchange Source of Fincl Data: Provided by Owner Existing 1st Loan: Other (See Rmks) Existing 1st Ln Type: Fixed Existing 1st Ln Trms: Assume-Qualify Existing 2nd Loan: Treat as Free&Clear Existing 2nd Ln Type: Not Applicable Existing 2nd Ln Trms: Not Applicable Existing 3rd Loan: Treat as Free&Clear Existing 3rd Ln Type: Not Applicable Existing 3rd Ln Trms: Not Applicable Existing Othr Ln Trm: Not Applicable Traffic Count: 35,001 to 50,000 Use Restrictions: CC&R's; Airport Flight Zone Environmental: Phase I Available
Listing Office: Cardon Commercial
Last Updated: October - 10 - 2019
14155 W BELL Road, Surprise, AZ 85374- MLS# 5930243
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