2820 75Th AvePhoenix, AZ 85035

Property Details for 2820 75Th Ave

Year built

1999

Construction

STEEL FRAME

Lot size

1.21 AC

Property size (Sq ft)

6,132 SF

Zone code

C-R

Property type

Retail properties

Property subtype

Turn key restaurants

APN

102-38-017A

APU

10238017A

Description

This exceptional 6,207 square foot retail or restaurant space is available for lease in Phoenix, Arizona. Located at 2820 N 75th Ave, in Maricopa County, this single-tenant property presents a unique opportunity for businesses seeking a prominent location. The entire 6,207 square feet is currently vacant, offering a blank canvas for a new tenant to customize the space to their specific needs. The property's classification as both retail and restaurant suitable makes it highly versatile, catering to a wide range of potential uses. Its location in Phoenix, AZ, zip code 85035, provides excellent access to a substantial customer base. The property is categorized as commercial real estate and offers a significant footprint for businesses requiring ample space. This is a single-tenant occupancy, ensuring exclusive use of the entire building. Interested parties are encouraged to inquire further to explore the possibilities this prime location offers. The property is ready for immediate occupancy, allowing for a swift and efficient start to operations. Detailed specifications and lease terms are available upon request. This is an excellent opportunity to establish a thriving business in a high-traffic area of Phoenix.

• CAP approach

  CAP return

  Valuation

  6%

  $2,159,574

  6.5%

  $1,993,453

  7%

  $1,851,063

• Comparable approach

  Method

  Valuation

  Relative Method

  $2,382,024

  Geo Method

  $2,382,024

• Alternative Use

  Use

  Valuation

  Residential

  $1,681,552

  Hospitality

  $1,540,293

  Educational

  $1,281,505

  Medical

  $1,325,578

  Retail

  $1,993,453

Location Insight

City

Phoenix

County

Maricopa

State

Arizona

Latitude

33.4793

Longitude

-112.221

CBSA code

38060

CBSA name

PHOENIX-MESA-SCOTTSDALE, AZ METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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