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    709 Southern Ave Phoenix, AZ 85041

    For Lease
    Contact for pricing

    Prime Phoenix location, 2700 sq ft retail space.

    Lot size:
    2,700 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    369
    This exceptional 2,700 square foot retail property, located at 709 W Southern Ave in Phoenix, Arizona, presents a compelling investment opportunity. Situated on approximately 0.53 acres of land, this single-tenant convenience store is ideally positioned at the southwest corner of 7th Avenue and Southern Avenue, a signalized intersection boasting nearly 60,000 vehicles per day. The property is zoned C-1 and its APN is 105-83-002L. The location benefits from its placement within a thriving shopping center anchored by a high-performing Food City, ensuring significant foot traffic and visibility. Pylon signage is available, further enhancing marketing potential. The property is currently occupied by an existing gas station business. This offering presents a unique opportunity for lease, ground lease, build-to-suit, or outright purchase. The property's strategic location, high traffic count, and existing business operations make it an attractive prospect for investors seeking a strong return on investment in a dynamic Phoenix market. The Maricopa County location and 85041 zip code add to its desirability.

    Property Features for 709 Southern Ave

    General Information

    Property type
    Individual retail properties
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    2,700 SF

    Unit(s) available at that property

    Space
    Size
    2,700 SF

    HighLights

    • 2,700 SF retail property for lease, ground lease, build‑to‑suit, or sale.
    • Existing gas station business; please do not disturb.
    • Southwest corner of 7th Ave & Southern Ave, Phoenix, AZ.
    • Located in a Food City‑anchored shopping center.
    • ±0.53 acres; Zoned C‑1; APN 105‑83‑002L.
    • Signalized intersection with nearly 60,000 vehicles per day.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Sahara Shell Auto Repair Shop ATM (Sahara Shell) Atm Bitcoin Depot - Bitcoin ... Crypto Atm Gas & More Gas Station

    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
    -112.0822306
    Latitude
    33.3920171

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    FAQs

    What type of property is this?
    Individual retail property - Prime Phoenix location, 2700 sq ft retail space.
    Where is this individual retail property located?
    The property is located at 709 Southern Ave Phoenix, AZ.
    What are key features of this property?
    This property features: 2,700 SF retail property for lease, ground lease, build-to-suit, or sale.; Existing gas station business; please do not disturb.; Southwest corner of 7th Ave & Southern Ave, Phoenix, AZ.
    Request Owner's contact information
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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
    709 Southern Ave Phoenix, AZ 85041
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