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Teakwood Norman LLC Purchases Dollar Tree Store In Glendale AZ For $3.2 Million
SOLD
$3,200,000
Arizona
See Similar DealsRetail12,064 SF
Sold 01/19/2026
SOLD
Teakwood Norman LLC Purchases Dollar Tree Store In Glendale AZ For $3.2 Million
6773 West Bell Road
See Similar DealsRetail12,064 SF
Sold 01/19/2026
Summary
ARIZONA
Asset Type:Retail
Price Per Square Foot:$265
Total Square Footage:12,064 SF
Transaction Type:Sale
The retail asset located at 6773 West Bell Road in Glendale, AZ, was sold for $3,200,000. This property spans 12,064 square feet and was built in 2002. The sale was executed for a price per square foot of $265.
Summary of transaction details:
- Property Type: Retail
- Transaction Amount: $3,200,000
- Address: 6773 West Bell Road
- Market: Glendale, AZ
- Square Footage: 12,064
- Price Per Square Foot: $265
- Buyer: Teakwood Norman LLC
- Seller: W.M. Grace
- Brokers: Chris Hollenbeck & Shane Carter - Cushman & Wakefield
Cushman & Wakefield facilitated the sale of a Dollar Tree store during this transaction. Teakwood Norman LLC acted as the buyer, acquiring the property from W.M. Grace.
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Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$170,666.66
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$11,368.93
Cash-on-Cash Return-1.27%
Monthly Debt Service$15,169.63
Annual Debt Service$182,035.59
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