6773 W Bell Rd - Department Store FOR SALE


Glendale, AZ 85308
$3,433,600 USD
602-224-4475
6773 W Bell Rd, Glendale, AZ for Sale
$3,433,600 USD
Department Store - FOR SALE
1/10
null | 6.5% Cap Rate

6773 W Bell Rd
Glendale, AZ 85308


HIGHLIGHTS

  • New 10 year primary lease term
  • Strong corporate guaranty
  • Minimal landlord responsibilities
  • Recession resistant tenant
  • Dollar Tree (NASDAQ: DLTR) has a market cap of $20.43 billion
  • Near Arrowhead Towne Center, a 1,197,000 sq ft shopping mall

OVERVIEW

INVESTMENT HIGHLIGHTS • New 10 year primary lease term • Strong corporate guaranty • Minimal landlord responsibilities • Recession resistant tenant TENANT HIGHLIGHTS • Dollar Tree (NASDAQ: DLTR) has a market cap of $20.43 billion • Dollar Tree current revenue (TTM) is $30.604B, a 8.02% increase from 2023 • Over 16,000 locations in 48 states • Growing business that opened 641 new stores in 2023 (Source) • Ranked #137 on the Fortune 500 list LOCATION HIGHLIGHTS • Near Arrowhead Towne Center, a 1,197,000 sq ft shopping mall • Located on the Bell Road retail corridor surrounded by national retail tenants such as The Home Depot, Fry’s, Living Spaces and more • Densely populated trade area with over 322,000 residents in a 5-mile radius • Strong traffic counts at intersection with ±70,233 VPD • ±2 miles from Peoria Sports Complex. Spring training home of the San Diego Padres and Seattle Manners

FOR SALE DETAILS

PRICE

$3,433,600 USD

PRICE/SF

$285 USD /SF

CAP RATE

6.5%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Long Term Dollar Tree Net Lease

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Department Store

ADD'L SUBTYPES

Storefront

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2002

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

1.51 AC

LAND SF

65,776 SF

ZONING

C-C

APN/PARCEL ID

200-52-012S

ASK ABOUT THIS PROPERTY

Chris HollenbeckCushman & WakefieldMore Info
602-224-4475

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Chris HollenbeckCushman & WakefieldMore Info
602-224-4475

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.