For Sale
$510,000

8341 7Th St Phoenix, AZ 85020

2,069 SF Strip Center, $510,000

Overview

Added:
Dec 11, 2024
Days on market:
138
This exceptional 2,069 square foot retail strip center, located at 8341 N 7th Street in Phoenix, Arizona, presents a compelling investment opportunity. The property, built in 1974, sits on a 9,897 square foot lot (APN 160-07-142-G) and is offered at $510,000, or $246.50 per square foot. The single-building property features a multi-tenant configuration, operating under a NNN lease structure. Its prime location on 7th Street in the North Central neighborhood offers excellent visibility and convenient access to major roadways, including SR-51 and I-17. The property boasts a previously used cigar lounge with an attractive outdoor patio area, providing ample space for various retail uses. This presents a unique opportunity for an owner-user or value-add investor seeking a well-positioned retail space in a thriving Phoenix neighborhood. The property's strong location and existing infrastructure make it an attractive prospect for a variety of retail businesses. The substantial lot size also offers potential for future expansion or development. This is a rare opportunity to acquire a well-located retail property in a desirable area of Phoenix.

Highlights

  • 2,069 SF retail strip center in Phoenix, AZ, on a 9,897 SF lot.
  • Offered at $510,000 ($246.50/SF).
  • NNN lease structure, multi-tenant building.
  • Prime location on N 7th Street with excellent visibility and access to SR-51 & I-17.
  • Features a former cigar lounge with outdoor patio; potential for various retail uses.
  • Strong location and substantial lot size offer expansion potential.

Property Details for 8341 7Th St

Property type
Neighborhood centers, Retail properties
Square Feet
2,069 SF
Year Built
1974
Buildings
1

Location Insight

City
Phoenix
County
Maricopa
State
Arizona
Latitude
33.559420574704
Longitude
-112.06507792748

FAQs

What type of property is this?
Neighborhood center - 2,069 SF Strip Center, $510,000
Where is the neighborhood center located?
The property is located at 8341 7Th St Phoenix, AZ.
What is the asking price?
The asking price for this property is $510,000.
What are key features of this property?
This property features: 2,069 SF retail strip center in Phoenix, AZ, on a 9,897 SF lot.; Offered at $510,000 ($246.50/SF).; NNN lease structure, multi-tenant building.
How can I contact the broker?
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8341 7Th St
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