701 W Bethany Home Rd Phoenix, AZ 85014

This hard-corner infill site offers an automotive/retail opportunity in Central Phoenix. The approximately 1,980 square foot freestanding building features visibility along two major arterials, with signage and frontage. The property is zoned C-2, allowing for various uses, including retail, automotive, and potential drive-thru, subject to deed restrictions. A month-to-month tenant occupies the building at $4,500 per month Modified Gross, providing holding income while repositioning or redevelopment plans are pursued. The property is located in the Central Phoenix submarket, west of Uptown and east of the I-17 corridor, surrounded by residential density, established retail corridors, and schools. It is located minutes from Downtown Phoenix, the Biltmore, and multiple freeway interchanges, offering connectivity. Average daily traffic exceeds 70,000 vehicles per day combined at the intersection, making it a candidate for retail repositioning or drive-thru redevelopment, subject to use restrictions. Deed restrictions prohibit fuel sales, tobacco, and food/grocery retail, except for restaurant use. Traffic counts are 38,577 vehicles per day on 7th Avenue and 33,045 vehicles per day on Bethany Home Road.