Financial
Distress signals
Property profile

1331 N 7Th St Phoenix, AZ 85006

FOR LEASE
Medical Office Space
Property ID
US07-0394996
78,016 SF 2 ac lot Built 1990
Last sale Dec 2011 · $13,136,890
Entity Owned Owner of record is a legal entity (LLC / corporation). 14-yr Hold Held for 14 years. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Market Trends Soon
1331 N 7Th St, Phoenix, AZ 85006 For Lease
$29,600,000 13,244 SF available
1331 N 7Th St, Phoenix, AZ 85006
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Property summary

AI-generated overview

The property is a four-story building totaling 79,247 square feet, served by a parking garage that provides covered, reserved parking. A skybridge connects the parking garage to the building at the third and fourth floors. On-site security is provided, and the property has visibility from Interstate 10 with access from Interstate 10, State Route 51, and 7th Street. The building supports building and monument signage options.

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. In the full report.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with the full report.

Mortgages

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.

Property tax · 2023

What does the county charge?
$302k
Tax billed · 2023
Assessed value · 2024$3.80M
Effective rate7.94%

Value estimate

· Sep 2026
$29.60M
$26.64M – $32.56M
Submarket $/SF estimate$30.03M
NOI build-up
Gross scheduled income$135k
Vacancy & credit loss−$16k
Operating expenses−$36k
NOI · 4,005,240.38% cap applied$83k

Realmo valuation models over county records.

Recently sold

What actually traded nearby?
$265/SF
Submarket average, outlier-cleaned · 143 recorded sales of this use type
Observed band · Q1–Q3$157 – $395

Cap rate analysis

How does the asset earn?
4,005,240.38%
$83k estimated NOI · market benchmarks for this use type

Price anchors at 6 / 6.5 / 7% — in the full report.

Zoning insight

What can be built here?
C-2
The purpose C-2 zone is to provide commercial uses of medium intensity designed to be compatible with each other and to provide for a wid...
General categoryCOMMERCIAL
JurisdictionMARICOPA

Location intelligence

Which uses thrive at this corner?
Best fit: Building Supply
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Building Supply27.1
Auto Parts Store23.8
Wholesale Shop20.5

Location

1331 N 7Th St Phoenix, AZ 85006
County assessor Recorded deeds · 7 transfers Qualifying comp sales · not on file Zoning catalog

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 12 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
1300 12th, Phoenix, AZ 85006-2848 $18,270,000 Dec 2025 175,530 SF
2229 Mcdowell, Phoenix, AZ 85006-2448 $500,000 Sep 2024 3,120 SF
926 Mcdowell Rd, Phoenix, AZ 85006-2503 $17,885,000 Apr 2022 No data
1146 Mcdowell, Phoenix, AZ 85006-2611 $4,700,000 Mar 2022 27,322 SF
775 Willetta, Phoenix, AZ 85006-2723 $2,200,000 Apr 2019 70,360 SF
1112 Mcdowell, Phoenix, AZ 85006-2629 $1,400,000 Dec 2018 10,130 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
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Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
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