Listing Agency: Acropolis Commercial Advisors LLC

Listed By: Eric Wasserman · License #FL CQ1057427

Source: Crexi

Added: Apr 10 Changed: Aug 31 Last Checked: Sep 1 at 11:36AM

Report an Issue

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 Acropolis Commercial Advisors LLC

Investment Insights

Based on property information with market context.

This 14,490-square-foot retail space is identified with Walgreens and carries a 5.75% cap rate. The property is located at 6838 N 7th Street in Phoenix, Arizona, within the 85014 ZIP code. Its retail classification and branded identity provide a clear basis for evaluating the asset within the local commercial market.

Key Highlights

• 14,490 SF retail space
• 5.75% CAP
• Walgreens identity

Property Analytics

Property Profile

Current Use

Walgreens Photo (Bike/Boat/Book/etc) Store LibertyX Bitcoin ATM Atm Walgreens Cosmetic Store FedEx OnSite Postal Service Walgreens Pharmacy Pharmacy

Suggested Use

Top Pick Building Supply Parking Lot & Garage HVAC Service Big Box & Wholesale Store Kitchen & Bath Showroom Grocery & Convenience 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.

Location Intelligence

Trade Area within ½ mile

735

Businesses Nearby

Explore this area Business Placement

Demographics for 85014, AZ

26,381

Population

14,778

Households

1.8

Avg Household Size

37

Median Age

43%

College-Educated

90%

High-School Grad

4.0 sq mi

ZIP Area

6,595

Density / Sq Mi

$69,995

Median Household Income

$48,465

Median Earnings

$1,339

Median Rent

$447,500

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

Questions? Ask Rey

Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

What type of property is this? Where is this retail space located? What is the asking price? Find similar properties ... What are key features of this property?

Ask Rey about this property ...

Similar For Sale Nearby

Renovated Freestanding Storefront

4105 S CENTRAL Avenue, Phoenix, AZ 85040

$1,795,000

5,700 SF

View details

Single-Story Office Unit

10920 N TATUM Boulevard 100, Phoenix, AZ 85028

$644,000

5,359 SF

View details

Freestanding Office Building with Parking

1725 E Osborn Rd, Phoenix, AZ 85016

$1,900,000

4,903 SF

View details

Single-Tenant Absolute NNN Property

1645 N 51ST Avenue, Phoenix, AZ 85035

$1,899,000

1,936 SF

View details

Two-Story Flex Industrial Building

4615 S 33rd Pl, Phoenix, AZ 85040

$2,450,000

9,867 SF

View details

Single-Story Office Condominium

100-10920 N Tatum Boulevard, Phoenix, AZ 85028

$644,000

5,359 SF

View details

Three-Unit Office Condo Building 4

4550 E BELL Road 142, Phoenix, AZ 85032

$1,670,000

6,003 SF

View details

Renovated Three-Level Office Building

2727 N. 3rd St., Phoenix, AZ 85004

$3,700,000

12,502 SF

View details

Flex Building with Retail Component

2833-2837 E Bell Rd & 16628 N 29th St, Phoenix, AZ 85032

$1,950,000

9,750 SF

View details

Flex Property With Auto Bays

2301 N 27TH Avenue, Phoenix, AZ 85009

$1,200,000

7,857 SF

View details

Three-Unit Office Condo Portfolio

142-4550 E Bell Rd, Phoenix, AZ 85023

$1,670,000

6,003 SF

View details

Infill Office Redevelopment Site

1405 N 1ST Street, Phoenix, AZ 85004

$3,330,000

7,450 SF

View details

Frequently Asked Questions

What type of property is this?

Retail space - Established retail asset with a Walgreens identity in central Phoenix.

Where is this retail space located?

The property is located at 6838 N 7th Street Phoenix, AZ.

What are key features of this property?

This property features: 14,490 SF retail space; 5.75% CAP; Walgreens identity