$5,500,000
Surprise, AZ 85374
MLS# 6996867
1 / 4
Property Description
14385 W Bell Rd is a leased quick service restaurant located along the Bell Road retail corridor in Surprise, Arizona. The 1.25 acre site is improved with a 3,470 square foot freestanding drive thru building constructed in 2017. Zoned PAD and situated in Flood Zone, the property benefits from strong retail synergy and regional growth. The asset is leased to Raising Cane's under a reverse build to suit structure with approximately 12 years remaining on the base term, expiring October 2036, plus renewal options..
Details
Maps
Contract Info
Ownership: Fee Simple
Current Price: $5,500,000
List Price: $5,500,000
Status: Active
List Date: 2026-03-11
Location, Tax & Legal
Assessor's Map #: 18
Legal Description (Abbrev): LOT 1 THOMPSON THRIFT AT SURPRISE CENTER MCR 130348
Assessor's Parcel #: 552
Add'l Parcels: No
Tax Municipality: Surprise
Census Tract: 61028
Taxes: 17510
Legal: LOT 1 THOMPSON THRIFT AT SURPRISE CENTER MCR 130348
House Number: 14385
Compass: W
Street Name: BELL
St Suffix: Road
City/Town Code: Surprise
State/Province: AZ
Zip Code: 85374
Zip4: 2457
County Code: Maricopa
Subdivision: THOMPSON THRIFT AT SURPRISE CENTER
Assessor Number: 501-18-552
Tax Year: 2025
General Property Description
Ttl Apx SqFt Bldg: 3470
# of Buildings: 1
Uncvrd Parking Spcs: 35
Year Built: 2017
Zoning: PAD
Currently Not Used
Sold Price Per SqFt: 1585.01
Legal Info
Range: 1W
Section: 4
Township: 3N
Lot Number: 1
Construction
Block: 1
Tilt-Up: 1
Wood Frame: 1
Roofing
Built-Up: 1
Rolled: 1
Floors
Other: 1
Income & Expenses
Owner Association: No
Annual Ownr Asoc Fee: 0
Other Income: 0
Vacancy Allowance: 0
Adjusted Gross Inc: 0
Building Type
Commercial: 1
Other (See Remarks): 1
Business Type
Restaurant: 1
Fast Food: 1
Retail: 1
See Remarks: 1
Pmt & Rate Info
Cap Rate: 4.8
Equity: 5500000
Total Owed: 0
Showing Notification Methods
Showing Service: Aligned Showings
Text: 1
Phone Call: 1
Lockbox Type
None: 1
Ceiling Height
8.1 Feet to 10 Feet: 1
Heating
See Remarks: 1
Cooling
See Remarks: 1
Interior Features
Finished: 1
Loading Facilities
None: 1
Exterior
Building Sign: 1
Source of Fincl Data
Owner: 1
Fencing
None: 1
Water Source
See Remarks: 1
Freeway/Highway
Up to 1 Mile: 1
Building Features
Kitchen: 1
Sewer
See Remarks: 1
Parking Features
Parking Lot: 1
Electric
Other (See Remarks): 1
Gas
Other (See Remarks): 1
New Financing
Other (See Remarks): 1
Existing 1st Loan
Treat as Free&Clear: 1
Existing 2nd Loan
Treat as Free&Clear: 1
Existing 3rd Loan
Treat as Free&Clear: 1
Reports/Disclosures
None: 1
Environmental
None: 1
Remarks Misc
Cross Street: W Bell Rd 7 N Litchfield Rd
Directions: Follow US 60 E. Turn right onto N Litchfield Rd. Turn left to stay on N Litchfield Rd. Turn right onto W Bell Rd. Destination is on the left.
Geo Lat: 33.637987
Geo Lon: -112.370013
Income Expenses
Net Operating Income: 264000
Property Features
Building Type: Commercial; Other (See Remarks)
Business Type: Restaurant; Fast Food; Retail; See Remarks
Construction: Block; Tilt-Up; Wood Frame
Roofing: Built-Up; Rolled
Floors: Other
Ceiling Height: 8.1 Feet to 10 Feet
Heating: See Remarks
Cooling: See Remarks
Loading Facilities: None
Interior Features: Finished
Exterior: Building Sign
Fencing: None
Building Features: Kitchen
Parking Features: Parking Lot
Electric: Other (See Remarks)
Gas: Other (See Remarks)
Water Source: See Remarks
Sewer: See Remarks
New Financing: Other (See Remarks)
Showing Notification Methods: Text; Phone Call
Lockbox Type: None
Source of Fincl Data: Owner
Existing 1st Loan: Treat as Free&Clear
Existing 2nd Loan: Treat as Free&Clear
Existing 3rd Loan: Treat as Free&Clear
Environmental: None
Listing Office: R.O.I. Properties
Last Updated: March - 11 - 2026
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