Convenience Store and Gas
For Sale
Contact for pricing
7424 W Mcdowell Rd, Phoenix, AZ 85035
Single-tenant convenience store and gas station on a signalized corner with high-count intersection visibility.
Property Size2,855 SF
Price / SF$606.65
Days on Market176
Property Features for 7424 W Mcdowell Rd
General Information
Standard status
Active
Size
2,855 SF
Property subtype
RETAIL
Site & Location
Traffic Count
64,728 vehicles/day
Highway Access
Yes
Listing Agency:
CBRE | Phoenix
(602) 206-0784
Listed By:
Ben Farthing · License #01936642
(602) 206-0784
Source:
Moodyscre
Added: Feb 17
Changed: Aug 11
Last Checked: Aug 11 at 1:26PM
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 CBRE | Phoenix
Investment Insights
Based on property information with market context.
This property is a single-tenant convenience store and gas station offering long-term operating history at the location. The current lease originated in 1990 and has been extended several times, with an expiration date set for June 2027. The tenant also has renewal options, including four additional five-year renewals followed by two ten-year renewals. Lease obligations are corporately guaranteed by Circle K Stores Inc.
The site is located on a hard, signalized corner at McDowell Rd and N 75th Ave, providing strong site-level visibility. The combined average traffic count at the intersection is 64,728 vehicles per day, and an Interstate-10 entry point is less than a quarter mile away, with daily traffic counts of 240,000+ vehicles near this exit.
This offering is a court-ordered sale, which may affect the timing of the transaction; interested parties should contact the agent for details.
The site is located on a hard, signalized corner at McDowell Rd and N 75th Ave, providing strong site-level visibility. The combined average traffic count at the intersection is 64,728 vehicles per day, and an Interstate-10 entry point is less than a quarter mile away, with daily traffic counts of 240,000+ vehicles near this exit.
This offering is a court-ordered sale, which may affect the timing of the transaction; interested parties should contact the agent for details.
Key Highlights
- Long‑term tenant in place since original lease commenced in 1990, with lease currently set to expire in June 2027
- Lease extended several times and includes four 5‑year renewal options plus two 10‑year renewal options
- Signalized corner location at McDowell Rd and N 75th Ave with combined average traffic counts of 64,728 vehicles per day
Property Analytics
Current Use
Lease Details
64,728 VPD
Traffic count
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
447
Businesses Nearby
26k
Monthly Visits Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Dining 58%
Shops & Services 42%
Denny's
Dining
14,975 visits/mo
0.1 miles
ARCO
Shops & Services
8,967 visits/mo
0.3 miles
Penske Truck Rental
Shops & Services
1,680 visits/mo
0.4 miles
Demographics for 85035, AZ
51,441
Population
15,868
Households
3.2
Avg Household Size
28
Median Age
10%
College-Educated
66%
High-School Grad
5.6 sq mi
ZIP Area
9,186
Density / Sq Mi
$57,790
Median Household Income
$34,363
Median Earnings
$1,390
Median Rent
$244,300
Median Home Value
Market
Vacancy Rate% for Retail in Phoenix, AZ
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Grocery and convenience store - Single-tenant convenience store and gas station on a signalized corner with high-count intersection visibility.
Where is this grocery and convenience store located?
The property is located at 7424 W Mcdowell Rd Phoenix, AZ.
What is the asking price?
The asking price for this property is $1,732,000.
What are key features of this property?
This property features: Long‑term tenant in place since original lease commenced in 1990, with lease currently set to expire in June 2027; Lease extended several times and includes four 5‑year renewal options plus two 10‑year renewal options; Signalized corner location at McDowell Rd and N 75th Ave with combined average traffic counts of 64,728 vehicles per day
