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- LoopNet Team
7580 W Bell Rd
Glendale, AZ 85308
THE CONTAINER STORE | CORP 15 YEAR LEASE · Retail Property For Sale
PROPERTY FACTS
AMENITIES
- Bus Route
- Signage
- Signalised Intersection
- Air Conditioning
ABOUT 7580 W BELL RD , GLENDALE, AZ 85308
INVESTMENT HIGHLIGHTS --Corporate guarantee from The Container Store, Inc. (NYSE: TCS), with annual revenues of over $825 million --Twelve (12) years remaining on a long-term fifteen (15) year net lease, landlord has limited responsibilities --Strong 10% increases every 5 years through the primary term and option periods --Trophy location and exposure with strong traffic counts of ±47,000 VPD along 8-lane Bell Road --Build to suit for The Container Store was completed in 2015 with capital investment of $3.3 million at this location LOCATION HIGHLIGHTS --Outparcel to the #1 highest volume regional mall in Arizona, Arrowhead Towne Center mall and also near the Peoria Sports Complex (Home to both the San Diego Padres and Seattle Mariners during spring training) --Extremely dense retail corridor with retailers such as: Costco, Apple Store, Macy’s, Dicks Sporting Goods, AMC Theatres, Best Buy, Babies R Us, Ross, Home Goods, Pier 1 Imports, Ulta, Nordstrom Rack, T.J. Maxx, Hobby Lobby, Old Navy, DSW, Disney Store and Target --Excellent customer potential with nearly 8,000 businesses and over 102,000 employees within a 5-mile radius --High-income trade area with average household income over $82,000 within a 3-mile radius
PROPERTY TAXES
| Parcel Number | 200-43-015A | Improvements Assessment | £0 |
| Land Assessment | £0 | Total Assessment | £397,112 |
PROPERTY TAXES
