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New Convenience Store NNN Lease
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1802 S 7th St, Phoenix, AZ 85004

Built in 2024, this 4,650+/- SF convenience store sits on a 2.38+/- acre site with an absolute NNN lease structure.

Property Size4,650 SF
Lot Size2.38 Acres
Price / SF$2,451
Days on Market602

Property Features for 1802 S 7th St

General Information

Standard status Active
Size 4,650 SF
Lot size 2.38 Acres
Property subtype RETAIL
Occupancy 100%

Site & Location

Highway Access Yes
Road Access Yes

Building Details

Year Built 2024
Tenancy Single
Listing Agency: Secure Net Lease - Dallas
Listed By: Bob Moorhead · License #548333
Source: Moodyscre
Added: Dec 12, 2024 Changed: Jul 28 Last Checked: Jul 28 at 5:28AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Secure Net Lease - Dallas

Investment Insights

Based on property information with market context.

A 2024 construction convenience retail building totaling 4,650+/- SF on a 2.38+/- acre site. The property is offered with an 18-year absolute NNN term and includes (3) additional 5-year renewal options. Rent is structured with 10% rental bumps in Year 11 and every 5 years thereafter.

Positioned at a hard-corner location with direct access to I-17, US 60, AZ 51, and Loop 202. The surrounding area includes major industrial tenants in the Valley Interstate Industrial Center and Sky Harbor Business Park, including Amazon and WESCO Assembly.

ASU’s campus is nearby, with 15,000+ students noted in the materials. The remarks also cite several major attractions within 2 miles north, including Chase Field, the Phoenix Convention Center, and Footprint Center.

Key Highlights

  • 2024 construction convenience store with 4,650+/- SF building
  • 4,650+/- SF building on a 2.38+/- acre site
  • Absolute NNN lease structure with 18‑year term and (3) 5‑year renewal options

Property Analytics

Current Use

Taco Bell Restaurant Coash Court Reporting ... Law Firm

Suggested Use

Top Pick Dental Office Daycare Center (Bike/Boat/Book/etc) Store Spa & Massage Center Accounting Firm Bakery

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

100%
Occupancy
Single-tenant
Tenancy
Yes
Highway access
Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

782
Businesses Nearby

Demographics for 85004, AZ

8,833
Population
6,455
Households
1.4
Avg Household Size
32
Median Age
59%
College-Educated
90%
High-School Grad
2.1 sq mi
ZIP Area
4,206
Density / Sq Mi
$71,250
Median Household Income
$46,376
Median Earnings
$1,759
Median Rent
$365,500
Median Home Value

Market

Vacancy Rate% for Retail in Phoenix, AZ

8.5% 2019
8.7% 2020
7.4% 2021
5.6% 2022
5.1% 2023
5.4% 2024
5.3% 2025
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Frequently Asked Questions

What type of property is this?
NNN property - Built in 2024, this 4,650+/- SF convenience store sits on a 2.38+/- acre site with an absolute NNN lease structure.
Where is this nnn property located?
The property is located at 1802 S 7th St Phoenix, AZ.
What is the asking price?
The asking price for this property is $11,400,000.
What are key features of this property?
This property features: 2024 construction convenience store with 4,650+/- SF building; 4,650+/- SF building on a 2.38+/- acre site; Absolute NNN lease structure with 18‑year term and (3) 5‑year renewal options
(214) 522-7210 Call to check price and availability
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