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Investment Highlights

  • 3-Suites Totaling 7,035 SF with 52.5% Occupancy.
  • Located along W Bell Road in the Northwest Valley.
  • Monument Signage and Zoned C-2 with a 4.0/1,000 parking ratio.
  • One building available for owner-user occupancy or lease-up.
  • Monument signage enhances visibility and property identification.

Executive Summary

Citrus Point Professional Offices presents an opportunity to acquire a four-building office portfolio along W Bell Road in Surprise, Arizona. The property is positioned to serve both owner-users seeking an immediate occupancy option and investors pursuing in-place income with future leasing upside. The portfolio consists of four office buildings totaling 27,643 square feet, with three buildings currently leased and generating revenue while one building remains available for owner occupancy or additional lease-up potential.
Built in 2001 and zoned C-2 in Maricopa County, the property offers a professional office environment supported by monument signage and a 4.0/1,000 parking ratio. The combination of existing tenancy and available space provides flexibility for a variety of acquisition strategies, including owner-user occupancy, value-add leasing, or long-term investment hold.
The asset benefits from its location along W Bell Road, one of the Northwest Valley's primary commercial corridors. The surrounding area is supported by established residential communities, retail destinations, medical facilities, golf courses, and major transportation routes throughout Surprise and neighboring Peoria. The City of Surprise continues to experience residential, commercial, and industrial development activity, contributing to ongoing business growth and workforce expansion throughout the market.
With a blend of current income, occupancy flexibility, and exposure within a growing Northwest Phoenix submarket, Citrus Point Professional Offices offers buyers a multi-building office investment with the ability to accommodate a range of ownership objectives.

Property Facts

Sale Type
Owner User
Property Type
Office
Property Subtype
Medical
Building Size
7,035 SF
Building Class
B
Year Built
2001
Price
$3,171,562 CAD
Price Per SF
$450.83 CAD
Tenancy
Multiple
Building Height
1 Story
Typical Floor Size
7,035 SF
Building FAR
0.26
Lot Size
0.62 AC
Zoning
C-C - C-C, Community Commercial
Parking
37 Spaces (5.26 Spaces per 1,000 SF Leased)

Amenities

  • Monument Signage

Space Availability

  • Space
  • Size
  • Space Use
  • Build-Out
  • Available
  • 1st Fl-Ste 100
  • 1,893 SF
  • Office
  • -
  • Now

4 Offices, Break Room, 2 Restrooms, Reception, Storage.

Space Size Space Use Build-Out Available
1st Fl-Ste 100 1,893 SF Office - Now

1st Fl-Ste 100

Size
1,893 SF
Space Use
Office
Build-Out
-
Available
Now

1st Fl-Ste 100

Size 1,893 SF
Space Use Office
Build-Out -
Available Now

4 Offices, Break Room, 2 Restrooms, Reception, Storage.

Fairly walkable
40/100
Exceptionally drivable
100/100
Somewhat bikeable
30/100

Property Taxes

Property Taxes

Parcel Numbers
Multiple
  • 200-57-935A
  • 200-57-934A
  • 200-13-018M
Land Assessment
$22,869 CAD
Improvements Assessment
$0 CAD
Total Assessment
$2,693,588 CAD
  • Listing ID: 29820735

  • Date on Market: 2023-10-18

  • Last Updated:

  • Address: 11327 W Bell Rd, Surprise, AZ 85378

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