Smith's on 7th
3,239 SF | Retail Building | Phoenix, AZ 85013 | $1,600,000 ($494/SF) | 6.01% Cap Rate
For Sale
Active
- Date Added:
- May 17, 2024
- Days on Market:
- 28 days
Asking Price $1,600,000
- Property Type
-
Retail
- Square Feet
- 3,239 SF
- Price / Square Foot
- $494
Listing Contacts
Trevor Von Behren
Verified Profile
Dave Cameron
Verified Profile
Alex DeSoto
Verified Profile
- Property Info
Property Overview
Simon Assaf
License No. CO701910000 (AZ)
(866) 889-0550
Matthews Real Estate Investment Services, Inc
4110 N Scottsdale Rd Suite 100,
Scottsdale, AZ 85251 USA
License No. CO701910000 (AZ)
(866) 889-0550
Matthews Real Estate Investment Services, Inc
4110 N Scottsdale Rd Suite 100,
Scottsdale, AZ 85251 USA
Property Details
- Class
- C
- Year Built
- 1944
- Stories
- 1
- Lot Size (sq. ft)
- 17,860 SF
Highlights
- Value-Add Potential: This deal provides value-add potential through the lease up of ±994 SF of vacant space
- Newly Executed NNN Lease: Smith’s on 7th recently signed a new five (5) year lease with two (2) five (5) year options
- Strong Demographics: Located near the Biltmore area in the Pierson Place Historic District
- Strong Traffic Counts: Smith’s on 7th is located at the intersection of 7th Avenue & Coolidge street with visible signage from the intersection
- Dense Retail Corridor: Property is in close proximity to one of the most dense retail corridors in Phoenix
- Nearby Developments: There are over 13,000 units of multifamily under construction within a 5-mile radius of the subject property Including
Nearby Properties
Similar Properties
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