New Convenience Store NNN
1802 S 7th St, Phoenix, AZ 85004
For Sale
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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 Market698
Property Features for 1802 S 7th St
General Information
Standard status
Size
Lot size
Property subtype
Occupancy
Site & Location
Neighborhood
Highway Access
Road Access
Building Details
Year Built
Tenancy
Listing Agency:
Secure Net Lease - Dallas
(214) 522-7200
Listed By:
Bob Moorhead · License #548333
(214) 522-7210
Source:
Moodyscre
Added: Dec 12, 2024
Changed: Nov 4
Last Checked: Nov 8 at 4:40AM
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
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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.
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
Who owns this building?
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Current Use
Lease Details
100%
Occupancy
Single-tenant
Tenancy
Yes
Highway access
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
782
Businesses Nearby
Explore this area
Business Placement
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
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Market
Properties on Market for NNN properties in Phoenix
Vacancy Rate% for Retail in Phoenix, AZ
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
