5845 W Bell Rd - Freestanding FOR SALE
Glendale, AZ 85308 |
5845 W Bell Rd
Glendale, AZ 85308
HIGHLIGHTS
- Walmart is the anchor tenant to Talavi Town Center and has occupied the property since 1995
- The leased parcel houses the entire Grocery Market section of the Supercenter as well as one of only two entrances
- Walmart built a new 196,671 square foot building in 2008 to accommodate for the growing Glendale population and high customer traffic volume
- Walmart is operating on a ground lease structure with over 7 years of primary term remaining and an investment grade (S&P: 'AA') corporate guaranty
- High-performing Walmart store with approximately 2.2 million annual customers
- Infill location within Glendale's major retail corridor - Arrowhead Retail Corridor
FOR SALE DETAILS
PRICE
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CAP RATE
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% LEASED
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TENANCY
-
BUILDING DETAILS
PROPERTY NAME
Walmart Supercenter 25 Year Operating History
PROPERTY TYPE
Retail
PROPERTY SUBTYPE
Freestanding
ADD'L SUBTYPES
Supermarket
TOTAL BUILDING SIZE
199710
STORIES
1
YEAR BUILT
2008
SPRINKLERS
-
PARKING SPACES
142
LAND DETAILS
LAND ACRES
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LAND SF
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ZONING
-
APN/PARCEL ID
200-50-198A
