For Sale
$1,800,000

4636 7Th AvePhoenix, AZ 85013

Phoenix Retail Center - High ROI Potential

Overview

Added:
Dec 11, 2024
Days on market:
116
This exceptional investment opportunity presents a 3,520 square foot retail shopping center located at 4636 N 7th Ave, Phoenix, AZ 85013. Situated on a 0.26-acre lot (APN: 155-37-011, 155-37-009), this fee simple property (land and building) offers a compelling value-add proposition. Built in 1960, the property boasts a strong net operating income (NOI) of $73,507, translating to an attractive 6.12% capitalization rate. The asking price is $1,800,000. This hard corner location benefits from its proximity to major thoroughfares and a dense, infill trade area. The property is strategically positioned near national credit tenants and a substantial residential consumer base, supported by strong demographics within a 5-mile radius. This presents a rare chance to acquire a well-located retail asset with significant upside potential in a thriving Phoenix market. The property is classified as a shopping center and offers substantial potential for value enhancement and increased profitability. This is an ideal opportunity for investors seeking a strong return on investment in a desirable location. The property's size and location make it an attractive investment for both seasoned and emerging investors in the commercial real estate market.

Highlights

  • Value-add retail investment opportunity.
  • High-traffic corner lot with major thoroughfare access.
  • Dense, infill retail trade area.
  • Proximity to national credit tenants and residential population.
  • Strong demographics within a 5-mile radius.

Property Details for 4636 7Th Ave

Property type
Lifestyle centers, Power centers
Square Feet
3,520 SF
Year Built
1960
Lot Size (sq. ft)
11,326 SF

Location Insight

City
Phoenix
County
Maricopa
State
Arizona
Latitude
33.505148039511
Longitude
-112.0823858582
4636 7Th Ave, Phoenix, Arizona

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4636 7Th Ave
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