Prominent NorthWest Corridor
1920 W Bell Rd, Phoenix, AZ 85023
FOR SALE
Flex
Property Type
4, 579 sq ft
Area Size
1994
Year Built
IHOP
Former Business
42
Parking Spaces
Highly Desirable Area
Parcel ID
208-07-348
Price
$2,000,000
Frontage Street Name
W Bell Rd
Frontage Length
225 feet
Lot Size
1.04 acres
Zoning
C-2
Description
This freestanding retail building encompasses 4,579 square feet on 1.04 acres along Bell Road, one of Phoenix’s most active commercial corridors in the furthest northwest region. Within 1 mile of I-17, a major north/south connector and direct connectivity to the greater metro, the site combines visibility, accessibility, and location within one of the fastest-growing urban markets in the country.
Directly across the street from the electrifying 800,000 sq ft BELL17 Business Center—a premier master-planned powerhouse by Sunbelt Investment Holdings that’s igniting North Phoenix’s industrial renaissance with state-of-the-art flex office, cutting-edge warehouse, and vibrant retail spaces already drawing blue-chip tenants like Aldi and fueling an explosion of jobs, innovation, and daily foot traffic. Positioned near HonorHealth Deer Valley Medical Center, the University of Phoenix, and major data and employment hubs, the property is surrounded by regional anchors and dense residential neighborhoods. Phoenix’s continued rise as a national leader in population growth, job creation, and economic diversity underpins the asset’s strength as either a retail, dining, or adaptive reuse opportunity.
Investment Highlights
High-exposure location: Situated directly on Bell Road with immediate access to Interstate 17, benefiting from heavy daily traffic.
Established trade area: Surrounded by national retailers, healthcare institutions, and employment centers that sustain consistent consumer demand.
Flexible usability: Freestanding prior restaurant adaptable for alternative retail or redevelopment concepts.
Institutional growth market: Phoenix ranks among America’s top metros for economic expansion, attracting both residents and corporate investment.
Features
1031 Exchange Ready
Restaurant Infrastructure
High visibility
Property Documents
Demographics
The broader Phoenix metro area supports a population exceeding 5 million, ranking among the fastest-growing regions in the United States.
Within a 1-mile radius, the trade area includes more than 17,800 residents across 6,500+ households, with a median household income above $54,000.
Expanding to a 3-mile radius, the population reaches 160,000+, supported by nearly 65,000 households and an average household income of approximately $84,000.
At the 5-mile level, the consumer base swells to over 356,000 residents, with household incomes surpassing $85,000 and a median age of 36.7.
The area benefits from heavy traffic exposure along Bell Road and Interstate 17, a prime retail and commuter corridor in North Phoenix.
The trade area reflects Phoenix’s diversity, with strong representation across Hispanic, White, and multi-ethnic households — a broad consumer mix ideal for national and regional operators.