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    6036 7Th Ave Phoenix, AZ 85041

    Sponsored
    For Lease
    Contact for pricing

    76,254 SF Strip Center, 1,200 SF Available

    Lot size:
    76,254 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    393
    Southern Plaza, located at 6036 S 7th Ave in Phoenix, Arizona, presents a compelling investment opportunity in a thriving retail market. This multi-tenant strip center, totaling 76,254 square feet, currently has 1,200 square feet of vacant space available, ideal for a variety of retail or restaurant uses. The property sits on a substantial 379,510 square foot lot in Maricopa County, offering ample space and potential for future expansion or redevelopment. The existing tenants contribute to a strong and diverse mix of businesses within the center, creating a vibrant and attractive shopping destination. The property's location in Phoenix, AZ, 85041, provides excellent visibility and accessibility, ensuring high foot traffic and convenient access for customers. The 1,200 square foot vacant space presents a unique opportunity for a new business to establish itself in a well-established and successful retail environment. This property is classified as a retail strip center with restaurant subtype, offering a versatile space suitable for a range of commercial uses. The substantial lot size provides significant potential for future development or expansion, adding further value to this already attractive investment. This is an excellent opportunity to acquire a well-located, established retail property with immediate income potential and significant long-term growth prospects.

    Property Features for 6036 7Th Ave

    General Information

    Property type
    Neighborhood centers
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    76,254 SF

    Unit(s) available at that property

    Space
    ENDCAP
    Size
    1,200 SF

    HighLights

    • Last available retail space: 1,200 square feet.
    • Grocery‑anchored shopping center with Food City.
    • High concentration of Hispanic residents.
    • Adjacent 96‑unit apartment complex.
    Property Profile Location Intelligence

    Current Use by Public Records

    Unmatched Pool Cleaning ... Pool Cleaning Service NAPA Auto Parts Auto Parts Store

    Suggested Use

    Realty agency Restaurant Law Firm Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Auto Repair Shop

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Phoenix
    County
    Maricopa
    State
    Arizona
    Longitude
    -112.0838429
    Latitude
    33.3911292

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    FAQs

    What type of property is this?
    Neighborhood center - 76,254 SF Strip Center, 1,200 SF Available
    Where is this neighborhood center located?
    The property is located at 6036 7Th Ave Phoenix, AZ.
    What are key features of this property?
    This property features: Last available retail space: 1,200 square feet.; Grocery-anchored shopping center with Food City.; High concentration of Hispanic residents.
    Request Owner's contact information
    6036 7Th Ave Phoenix, AZ 85041
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    Phoenix, AZ 85041
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    6036 7Th Ave Phoenix, AZ 85041
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