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Restaurant Ready Adaptive Reuse Project
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5530 N 7th St, Phoenix, AZ 85012

Adaptive reuse project approved for restaurant use in Phoenix.

Space Size3,500 SF
Lot Size0.37 Acres
Days on Market692

Property Features for 5530 N 7th St

General Information

Standard status Active
Size 3,500 SF
Class A
Lot size 0.37 Acres
Property subtype Retail, Industrial, Restaurant
Lease Type NNN

Building Details

Building Size 3,500 SF
Year Built 1962
Tenancy Single

Spaces For Lease

at 5530 N 7th St Contact us

Available Space

Size
3,500 SF
Type
Industrial, Restaurant, Retail
Lease Type
NNN
Availability
Active
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Listing Agency: Orange Acre LLC
Listed By: Ron Hassid · License #AZ BR688663000
Source: Crexi
Added: Sep 17, 2024 Changed: Aug 8 Last Checked: Aug 7 at 10:57AM

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 Orange Acre LLC

Investment Insights

Based on property information with market context.

This adaptive reuse project is approved for restaurant use and situated in a highly coveted location in uptown Phoenix. The property is surrounded by restaurants, major retail establishments, and office spaces. It features a 3,500 square foot building on a 16,080 square foot lot, accompanied by 36 parking spaces, offering a parking ratio of 10 per 1,000 square feet. Electrical capacity includes 400 amp, 3-phase power. A large illuminated monument sign is present on 7th Street. The property is zoned C2, Intermediate Commercial district, by the City of Phoenix. Neighboring businesses include Subway, Starbucks, Bashas, The Neighborly, Cane’s, Loco Patron, Eggstasy, Cold Beers & Cheeseburgers, Culinary Dropout, Randy's Donuts, Wildflower, Salad and Go, and Doughbird.

Key Highlights

  • Approved for restaurant use in a highly coveted uptown Phoenix location.
  • High parking ratio (10/1000) with 36 parking spaces.
  • Large illuminated monument sign on 7th St.

Property Analytics

Current Use

Restaurants

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store Grocery & Convenience Store Food Market Electrical Service Travel Agency Mobile Phone Store

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

NNN (Triple Net)
Lease Type
$6.75 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

1,982
Businesses Nearby
Under-served
Demand for This Use

Demographics for 85012, AZ

8,201
Population
5,269
Households
1.6
Avg Household Size
39
Median Age
60%
College-Educated
95%
High-School Grad
2.3 sq mi
ZIP Area
3,566
Density / Sq Mi
$80,242
Median Household Income
$57,228
Median Earnings
$1,693
Median Rent
$701,200
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
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Frequently Asked Questions

What type of property is this?
Restaurant - Adaptive reuse project approved for restaurant use in Phoenix.
Where is this restaurant located?
The property is located at 5530 N 7th St Phoenix, AZ.
What is the lease rate?
The lease rate is $45 SF/Yr.
What are key features of this property?
This property features: Approved for restaurant use in a highly coveted uptown Phoenix location.; High parking ratio (10/1000) with 36 parking spaces.; Large illuminated monument sign on 7th St.
More about this property
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