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Property profile & analytics
FOR LEASE
Grocery and convenience stores

2601 W Dunlap Ave Phoenix, AZ 85021

972 SF 0.42 ac lot Built 1989
Entity Owned 21-yr Hold Free & Clear
Property ID
US07-1260823
Property summary
AI-generated overview

This exceptional retail opportunity presents 1,200 square feet of vacant space in a vibrant Phoenix, Arizona strip center located at 2601 W. Dunlap Ave, zip code 85021, Maricopa County. The property is categorized as a multi-tenant retail building, specifically suited for restaurant or similar uses. The entire space is currently available for lease, offering a blank canvas for a new business venture. The building's prime location provides excellent visibility and accessibility, with an end-cap space directly facing Dunlap Avenue, ensuring high foot traffic and brand exposure. The previous tenant was a cake bakery, leaving the space ready for immediate occupancy. The property offers a total of 1,200 square feet of leasable space, ideal for a variety of retail concepts. This is a fantastic chance to establish a presence in a thriving commercial area of Phoenix. The property's address is easily accessible and well-situated within a bustling commercial district. Serious inquiries are encouraged to explore this exciting opportunity. The space is ready for immediate build-out and customization to meet the needs of the new tenant. Contact us today to schedule a viewing and discuss lease terms.

Property profile
Verified
Property type Grocery and convenience stores
Use group CONVENIENCE STORE
Year built 1989
Construction CONCRETE
Total area 972 SF
Lot 0.42 ac (18,185 SF)
Zoning code C-2
APN 158-01-002F
UPID US07-1260823
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • Innovative staffing solutions serving the Construction, Green Energy, Solar Power, Manufacturing & Warehousing Industries. Employment Agency
  • In Style Nail Salon
  • Quick Mobile Repair - Phoenix Computer & Electronic Repair Tech Support Center
  • Carioca Co Corporate Office Business Park
  • The Record Room (Bike/Boat/Book/etc) Store
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$810k
Blend (final) Blend
$810k
Owner & transaction history
Cp 2004 Station 1 LLC · 21 yrs held
Cp 2004 Station 1 LLC
since 2005
4 recorded transactions
2005
Price N/A
2004
$166,666
2004
$499,998
2002
Price N/A
Zoning & alternative use
C-2 · Phoenix, AZ
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Commercial (general) $675,000 +173.6%
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
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