Property profile

4402 Washington St Phoenix, AZ 85034

OFF-MARKET
Retail properties & Spaces
2,700 SF Built 1987
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Property summary

AI-generated overview

This exceptional 2,700 square foot freestanding retail storefront, located at 4402 E Washington St, Phoenix, AZ 85034, presents a unique owner-user opportunity. Situated on a hard corner at the intersection of 44th Street and Washington Street, this property benefits from a high volume of vehicular traffic (approximately 24,558 vehicles per day). The building, constructed in 1987, sits on a sizable 15,380 square foot lot and includes 10 parking spaces. Its strategic location within a densely populated trade area (approximately 339,728 residents within a 5-mile radius) and its proximity to Phoenix Sky Harbor International Airport make it an ideal location for a variety of retail businesses. The property is currently vacant, offering immediate occupancy for the new owner. The asking price is $750,000. The property features one building and is identified by APN 124 10 029A. This is a rare chance to acquire a high-quality asset in a prime Phoenix location with excellent visibility and accessibility. The property's size and location make it suitable for a wide range of retail uses. Don't miss this chance to establish your business in a thriving area.

Property profile

Verified
Property type Retail properties & Spaces
Year built 1987
Total area 2,700 SF

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Grocery & Convenience Store

Location

4402 Washington St Phoenix, AZ 85034
Phoenix metro
Google Maps

Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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