Property profile

5324 7Th Ave Phoenix, AZ 85013

OFF-MARKET
Retail properties & Spaces
5,216 SF Built 1959
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Property summary

AI-generated overview

This exceptional retail opportunity is located in the vibrant North Central Phoenix/Midtown submarket. The property, known as Uptown Retail Center, is a single-story, Class B building totaling 5,216 square feet, built in 1959 and renovated in 2008. Currently, 1,260 square feet of retail space is immediately available for lease. The minimum divisible space is 1,260 square feet, which is also the maximum contiguous space available. The entire building consists of one suite. The property sits on a substantial 27,270 square foot lot and offers ample parking with 35 spaces, including five covered spaces. Its convenient location at the intersection of 7th Ave & Missouri provides excellent visibility and accessibility. The C-2 zoning allows for a variety of retail uses. The property benefits from its proximity to a freestanding Starbucks with a drive-thru, serving a dense population. Within a one-mile radius, the daytime population exceeds 777,000, and the average household income is $91,000. The property's APN is 156-43-066A. No elevators are present.

Property profile

Verified
Property type Retail properties & Spaces
Year built 1959
Total area 5,216 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
  • Barber Shop

Location

5324 7Th Ave Phoenix, AZ 85013
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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