4139 W Bell Rd
Phoenix, AZ 85053 Deer Valley

The subject property is a very attractive center that was built in 1985. The fascia is red brick for ease of maintenance, and a timeless modern look. The buildings are configured in an “L” shape that wrap the corner. This center has a well seasoned and stable base of tenants. 71% of the tenants have been there over five years and are very happy and there is a large amount of owned parking. The parking ratio is 5.4 per 1,000. This amount of parking creates leasing flexibility for parking intensive users.

The center is located on the very busy Bell Road corridor, one of the few roads in Phoenix to span the whole city because of the mountains. The Maricopa County Department of Transportation’s Traffic Management Center (TMC) utilizes a signal management system along the Bell Road corridor. This system uses data and knowledge-based algorithms to time the signal lights to maximize traffic flow and thus decrease commute times along Bell Road. Travelers can receive real-time travel times on dynamic message boards placed along the corridor.

The very popular Arrowhead mall and Taiwan Semiconductor factories are just a few miles away. The center is conveniently located 2-miles west of I-17 and 2-miles south of Loop 101. The center is surrounded by apartment complexes within walking distance and has very high population counts with a good growth rate and very good average household income.