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 Market351
Property Features for 914 N 24th St
General Information
Standard status
Active
Size
2,344 SF
Property subtype
RETAIL
Site & Location
Neighborhood
Central City
Highway Access
Yes
Building Details
Buildings
1
Listing Agency:
Coldwell Banker Commercial Realty | Phoenix
(602) 954-6888
Listed By:
Cathy Fox Gundersen
(602) 316-7978
Source:
Moodyscre
Added: Nov 14, 2025
Changed: Oct 26
Last Checked: Oct 30 at 2:41PM
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
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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
Estimated NOI and Cap Rate
NOI / Yr
$26,492
Cap Rate
5.34%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$529,840
$529.8K
Cap Rate 7%
$378,457
$378.5K
Cap Rate 9%
$294,356
$294.4K
Market Conditions
NOI Build-Up for 2,344 SF
Gross rent
$42.2K $18.00/SF
− Vacancy
−$4.3K −$1.85/SF
EGI
$37.8K $16.15/SF
− OpEx
−$11.4K −$4.84/SF
NOI
$26.5K $11.30/SF
Area
Phoenix, AZ
Vacancy
10.30%
Lease Rate
$18.00 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$529,840
Cap Rate 7%
$378,457
Cap Rate 9%
$294,356
Alternative Uses
Best Use
Retail
$378.5K
$331.2K – $441.5K
NOI $26,492 @ 7.0% cap · market cap 5.34%
Second Best
—
—
no second resolved use
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.
How Realmo checks its estimates
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Current Use
Lease Details
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
1,399
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
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Retail in Phoenix, AZ
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
