Bell Square LLC Acquires Siete Square Retail Center In Phoenix From Butterfield Trail LLC For $5M
4139 West Bell Road
$5,000,000
$139/SF
Building Size
35,926 SF
Asset Type
Retail
Closing
Jun 18, 2025
About this deal
AI
A retail property located at 4139 West Bell Road in Phoenix, AZ, was sold for $5,000,000. The asset encompasses 35,926 square feet with a price per square foot of $139. At the time of sale, the property was 87% leased, with the exception of a Jack in the Box pad site.
Summary of transaction details:
- Property Type: Retail
- Transaction Amount: $5,000,000
- Address: 4139 West Bell Road
- Market: Phoenix, AZ
- Square Footage: 35,926
- Price Per Square Foot: $139
- Buyer: Bell Square LLC
- Seller: Butterfield Trail LLC
- Broker: Mark Rein - Rein & Grossoehme
Mark Rein of Rein & Grossoehme represented both the buyer and seller in this transaction, facilitating the sale of the retail center known as Siete Square.
Players
Phoenix Retail Market Snapshot
Boundary boundary · Retail · Sale transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
3.17%
Cash-on-Cash
-0.91%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93