Levrose Sells Surprise Shopping Center for $3.985 Million
SCOTTSDALE – November 10, 2016 - Levrose Commercial Real Estate recently completed the sale of Triumph Bell West Ranch, a 20,225 square foot shopping center at 16846 W. Bell Road in Surprise, AZ for $3,985,000. The property was 93.2% leased, with one suite available (1,380 square feet), at the time of the sale.
Triumph Bell West Ranch is shadow anchored by Albertson's grocery. Neighboring tenants include: Pizza Hut, Orange Theory, Rumor's Sport Bar, as well as a spa & nail salon, a hair salon and a chiropractor. Triumph Bell West Ranch was built in 2004.
Levrose Commercial Real Estate in Scottsdale will handle the leasing of the last available suite. MODE Commercial Property Management, also from Scottsdale, has been selected to manage the property.
Triumph Bell West Acquisition, LP purchased the property from PWREO Bell & 303, LLC. Keri Davies of Levrose Commercial Real Estate facilitated the sale on behalf of the Buyer.
About Levrose Commercial Real Estate
Levrose Commercial Real Estate is a market leader in commercial real estate services in the Greater Phoenix metro area. Since 1992, Levrose has been helping clients with every aspect of leasing, buying, selling and managing Commercial properties. With some of the top professionals in the industry, Levrose takes a higher level of accountability for each client. Commercial Property management is handled through affiliate firm MODE Real Estate Management Services. MODE has a unique, professional approach to the management of office, retail and medical properties.