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7025 W Bell Rd, Glendale, AZ 7055 W Bell Rd, Glendale, AZ 7075 W Bell Rd, Glendale, AZ
Arrowhead Business Center
Asset ClassOffice
overview of deal

Overview

  • Three-building, single-story office campus totaling ±45,360 square feet (SF).
  • 100% leased to a diversified tenant mix with an average size of ±1,500 SF.
  • Ideal combination of stability and upside potential as a result of a ±2.2-year WALT and in-place lease rates that are ±8.4% below market.
  • Rare and exceptional small tenant configuration, coupled with exterior loaded ‘drive up’ access, and an ample 4.1/1,000 parking ratio perfectly cater to the area’s highly active small tenant market.
  • Buildings under 50,000 SF with floor plates that mostly accommodate small tenants within a 3-mile radius of Arrowhead Business Center boast a healthy ±7.6% direct vacancy rate.
  • Over ±110,834 SF have been leased in 37 transactions by tenants averaging ±2,996 since January 2024 within a 3-mile radius from Arrowhead Business Center.
  • Exceptional occupancy history—the building has maintained a 10-year average of ±94.3% occupancy.
  • Ideally located ±1.5-miles from Arrowhead’s amenity mecca, which includes powerhouse Arrowhead Towne Center, Peoria Sports Complex, and P83 Entertainment District.
  • Convenient ±1.5-mile access to the Loop 101, which serves as a gateway to the valley’s entire freeway system and a population of 2.5 million people.
  • Signage and ±620 linear feet of frontage on Bell Road, a major Phoenix thoroughfare.

 

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7025 W Bell RdGlendale, AZ 85308

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Listing provided by Revere CRE