Retail Space with Secured
For Sale
Contact for pricing
914 N 24th St, Phoenix, AZ 85006
Compact retail building with warehouse functionality on a secured lot, currently occupied by Upchurch Candy.
Property Size2,344 SF
Price / SF$211.60
Days on Market259
Property Features for 914 N 24th St
General Information
Standard status
Active
Size
2,344 SF
Property subtype
RETAIL
Additional Details
Highway Access
Yes
Building Details
Buildings
1
Listing Agency:
Coldwell Banker Commercial Realty | Phoenix
(602) 316-7978
Listed By:
Cathy Fox Gundersen
Source:
Moodyscre
Added: Nov 14, 2025
Changed: Jul 30
Last Checked: Jul 31 at 9:19AM
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 Coldwell Banker Commercial Realty | Phoenix
Investment Insights
Based on property information with market context.
This retail space includes warehouse functionality and is housed in a 2,344 SF building on a secured lot. The space is currently home to Upchurch Candy.
Located at 914 N 24th St in Phoenix, AZ 85006, the property offers easy access to I-10 and Loop 202, supporting convenient movement for day-to-day operations.
The compact size and secured-lot setup may appeal to users seeking a small footprint with practical back-of-house capability for storage and distribution needs.
Located at 914 N 24th St in Phoenix, AZ 85006, the property offers easy access to I-10 and Loop 202, supporting convenient movement for day-to-day operations.
The compact size and secured-lot setup may appeal to users seeking a small footprint with practical back-of-house capability for storage and distribution needs.
Key Highlights
- 2,344 SF retail building with warehouse functionality
- Secured lot
- Currently home to Upchurch Candy
Financial Insights For Retail
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $42.2k | $18.00 |
| − Vacancy | −$4.3k | −$1.85 |
| EGI | $37.8k | $16.15 |
| − OpEx | −$11.4k | −$4.84 |
| NOI | $26.5k | $11.30 |
2,344 SF · lease $18.00/SF/yr · vacancy 10.30% · expense 30.00%
Alternative Uses
Best Use
Retail
$378.5K
$331.2K – $441.5K
NOI $26,492 @ 7.0% cap · market cap 5.34%
Second Best
Warehouse
$255.8K
$223.8K – $298.4K
NOI $17,904 @ 7.0% cap · market cap 3.61%
Theoretical Best
Office A
$710.0K
$621.3K – $828.4K
NOI $49,701 @ 7.0% cap · market cap 10.02%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
Lease Details
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
1,228
Businesses Nearby
Explore this area
Business Placement
Demographics for 85006, AZ
23,797
Population
10,607
Households
2.2
Avg Household Size
34
Median Age
27%
College-Educated
78%
High-School Grad
4.0 sq mi
ZIP Area
5,949
Density / Sq Mi
$60,742
Median Household Income
$39,899
Median Earnings
$1,168
Median Rent
$376,600
Median Home Value
Market
Vacancy Rate% for Industrial in Phoenix, AZ
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Retail space - Compact retail building with warehouse functionality on a secured lot, currently occupied by Upchurch Candy.
Where is this retail space located?
The property is located at 914 N 24th St Phoenix, AZ.
What is the asking price?
The asking price for this property is $496,000.
What are key features of this property?
This property features: 2,344 SF retail building with warehouse functionality; Secured lot; Currently home to Upchurch Candy
