Marcus & Millichap Sells Applebee's Retail Property In Surprise Arizona For $3.5M
13756 West Bell Road
$3,500,000
$685/SF
Building Size
5,103 SF
Asset Type
Retail
Closing
Aug 31, 2026
About this deal
AI
A 5,103-square-foot, single-tenant Applebee’s property located at 13756 West Bell Road in Surprise, AZ, has been sold for $3,500,000. This retail asset is positioned about 30 miles northwest of Phoenix, representing a significant transaction in the local market.
Summary of transaction details:
- Property Type: Retail
- Transaction Amount: $3,500,000
- Size: 5,103 SF
- Price Per Square Foot: $686
- Address: 13756 West Bell Road
- Market: Surprise, AZ
Chris Lind, Mark Ruble, and Zack House from Marcus & Millichap arranged the sale, representing the seller based in Delaware and procuring a buyer from California. The new owner intends to hold the property as a long-term investment.
Players
Artesia 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
4.53%
Cash-on-Cash
-1.30%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93