PHOENIX, Arizona – Closing for $3.5 million ($194 PSF) Bell Canyon Plaza is anchored by Family Dollar, with a newly extended lease, and occupied by nationally known tenants. Situated on the northwest corner of 24th Street and Roosevelt Street at a signalized intersection, Bell Canyon Plaza benefits from being near two major freeways in Phoenix: Interstate 10 and Loop 202.
Ari Spiro, Derek Buescher, and Jared Williams of ORION Investment Real Estate exclusively represented both Buyer and Seller. Buescher noted, “This property is well-located near Phoenix Sky Harbor International Airport. The property was fully occupied at close of escrow with notable tenants, including Family Dollar, Taco Bell, and MetroPCS.” The Buyer in this transaction was Ramsey Real Estate Group (AZ), INC. The Seller was Ten Fourteen 24th Associates, LLC.