1201 Northern Ave Phoenix, AZ 85020
High-traffic corner location, strong lease.
Overview
- Added:
- Dec 11, 2024
- Days on market:
- 138
Highlights
- 17,700 SF lot with a 2,400+ SF ARCO ampm gas station and convenience store in Phoenix, AZ.
- Prominent corner location on major cross streets offering high visibility and traffic.
- Currently operating under a 20-year lease with $8,100/month rent (first 3 years), increasing to $9,000/month.
- Asking price: $2,100,000 ($118.64/SF); APN: 160-15-105B.
- Lease requires continued operation of a branded fuel station.
Property Details for 1201 Northern Ave
- Property type
- Retail properties, Grocery and convenience stores
- Square Feet
- 17,700 SF
- Year Built
- 1987
- Buildings
- 1
- Stories
- 1
Location Insight
- City
- Phoenix
- County
- Maricopa
- State
- Arizona
- Latitude
- 33.552839679137
- Longitude
- -112.05652102497
Nearby Similar for Sale
FAQs
- What type of property is this?
- Retail property - High-traffic corner location, strong lease.
- Where is the retail property located?
- The property is located at 1201 Northern Ave Phoenix, AZ.
- What is the asking price?
- The asking price for this property is $2,100,000.
- What are key features of this property?
- This property features: 17,700 SF lot with a 2,400+ SF ARCO ampm gas station and convenience store in Phoenix, AZ.; Prominent corner location on major cross streets offering high visibility and traffic.; Currently operating under a 20-year lease with $8,100/month rent (first 3 years), increasing to $9,000/month.
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