4636 7Th Ave Phoenix, AZ 85013
- Lifestyle centers
- 3,520 SF
- 0.26 lot acres
Current Use by Public Records
- Lifestyle centers
Property Details for 4636 7Th Ave
- Year built
- 1960
- Lot size
- 0.26 lot acres
- Property size
- 3,520 SF
- Property type
- Lifestyle centers
- Property subtype
- Power centers
Description
This exceptional investment opportunity presents a 3,520 square foot retail shopping center located at 4636 N 7th Ave, Phoenix, AZ 85013. Situated on a 0.26-acre lot (APN: 155-37-011, 155-37-009), this fee simple property (land and building) offers a compelling value-add proposition. Built in 1960, the property boasts a strong net operating income (NOI) of $73,507, translating to an attractive 6.12% capitalization rate. The asking price is $1,800,000. This hard corner location benefits from its proximity to major thoroughfares and a dense, infill trade area. The property is strategically positioned near national credit tenants and a substantial residential consumer base, supported by strong demographics within a 5-mile radius. This presents a rare chance to acquire a well-located retail asset with significant upside potential in a thriving Phoenix market. The property is classified as a shopping center and offers substantial potential for value enhancement and increased profitability. This is an ideal opportunity for investors seeking a strong return on investment in a desirable location. The property's size and location make it an attractive investment for both seasoned and emerging investors in the commercial real estate market.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Phoenix
- County
- Maricopa
- State
- Arizona
- Longitude
- -112.082
- Latitude
- 33.5051
