Bob's Furniture

31,020 SF | Retail Building | Glendale, AZ 85308 | $7,520,000 ($242/SF) | 7.26% Cap Rate

Asking Price $7,520,000

Property Type: Retail
Square Feet: 31,020 SF
Price / Square Foot: $242

Listing Contacts

Hudson DeJean

Verified Profile

Alex DeSoto

Verified Profile

Property Info

Property Overview

Broker of Record
Simon Assaf
License No. CO701910000 (AZ)
(866) 889-0550
Matthews Real Estate Investment Services, Inc
4110 N Scottsdale Rd Suite 100,
Scottsdale, AZ 85251| USA

Property Details

Class: B
Year Built: 1995
Stories: 1
Lot Size (sq. ft): 129,809 SF

Highlights

RECENT EXTERIOR REFRESH – The exterior of the building was just repainted, and the parking lot sealed and striped.
Bob’s Discount Furniture is strategically positioned in the prominent retail corridor of West Bell Rd seeing ±78,000 VPD at the 75th Ave and Bell Rd
Located in proximity to the affluent 91 Acre (1.2 Million SF) Arrowhead Towne Center which saw ±9 Million visits in the past 12 months.
The dense 5-Mile population of over ±305,410 residents acts as a catalyst for this location
The proximity contains a diverse offering of retail shops, entertainment, dining, office, and residential living.
The lease calls for a 10% rent increase in 2025 (7.26% Cap Rate) providing quick upside to cashflow and value.

Nearby Properties

Dallas MSA

2.8 Acres of Commercial Land in Dallas, TX 75243

9200 Markville Dr
Dallas, TX 75243

View Details
$1,825,000

Entenmann's Bakery Outlet

8,160 SF | Retail Building | Lakeland, FL 33801 | $1,825,000 ($224/SF)

3354 Us Highway 92
Lakeland, FL 33801

View Details
$422,093

0.57 Acres of Commercial Land Offered at $422,093 USD in Broken Arrow, OK 74012

850 Msn Ave
Broken Arrow, OK 74012

View Details
$1,999,000

21,680 SF Specialty Building Offered at $1,999,000 in Harrisville, MI 48740

790 Us 23
Harrisville, MI 48740

View Details
Vacant Land located near Harborage Marina

3.71 Acres of Commercial Land in Saint Petersburg, FL 33701

1100 4Th St
Saint Petersburg, FL 33701

View Details
$5,150,000

Walgreens

14,550 SF | Retail Building | Thomson, GA 30824 | $5,150,000 ($354/SF) | 5.99% Cap Rate

668 Main St
Thomson, GA 30824

View Details
$2,500,000

Owner-User (Manufacturing) - Vale, NC

82,876 SF | Industrial Building | Vale, NC 28168 | $2,500,000 ($30/SF)

7514 Nc Hwy
Vale, NC 28168

View Details

Similar Properties

$7,520,000

Bob's Furniture

31,020 SF | Retail Building | Glendale, AZ 85308 | $7,520,000 ($242/SF) | 7.26% Cap Rate

7430 Bell Rd
Glendale, AZ 85308

View Details
$7,514,000

CVS Health Hub – 15 years NNN 5.25 cap

31,324 SF | Retail Building | Elk Grove, CA 95758 | $7,514,000 ($240/SF) | 5.25% Cap Rate

5040 Laguna Blvd
Elk Grove, CA 95758

View Details
$7,513,000

Stephanie Promenade

14,604 SF | 100% Leased | Retail Building | Henderson, NV 89074 | $7,513,000 ($514/SF) | 5.52% Cap Rate

249 Stephanie St
Henderson, NV 89074

View Details
$7,530,000

International City Building

25,902 SF | Vacant | Office Building | North Miami Beach, FL 33169 | $7,530,000 ($291/SF) | 6.93% Cap Rate

150 168Th St
North Miami Beach, FL 33169

View Details
$7,530,000

BASS PECAN FARM

724 Acres of Agricultural Land Offered at $7,530,000 USD in Seminole, TX 79360

County Road 319
Seminole, TX 79360

View Details
$7,505,000

49 SFR - Portfolio

1,208 SF Specialty Building Offered at $7,505,000 at a 5.22% Cap Rate in Lakeland, FL 33805

1024 Marion Ave
Lakeland, FL 33805

View Details
$7,504,700

9118 Pulsar Ct, Building A, Corona

21,442 SF | Industrial Building | Corona, CA 92883 | $7,504,700 ($350/SF) | 3.86% Cap Rate

Pulsar St
Corona, CA 92883

View Details

FAQ

How do I add a non-forward facing team member such as a broker coordinator or broker aide to a listing in order to ensure they get notifications on the property?: Please email our support team at [email protected] and they will add the team member.
How do I access a private listing?: Please contact the broker directly with the information provided on the listing. Once the broker approves your credentials he will make the information public to you.
How can I contact the broker: We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.
What is the difference between Tier 1 & Tier 2 in the Due Diligence Vault?: Documents that are placed in a Tier-1 Due Diligence vault require the execution of a Confidentiality Agreement (“CA”) for access. Documents and folders placed in the Tier-2 vault are intended to have an added layer of security and require the execution of a CA in addition to required Broker approval for access.
How do I unsubscribe from emails?: At the footer of each email you will find links to Reduce Email Frequency, Adjust Email Settings or Unsubscribe altogether. If you choose to Unsubscribe and are still receiving emails please reach out to us at [email protected].