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    FOR LEASE
    Grocery and convenience stores

    6036 S 7Th Ave, Phoenix, AZ 85041

    54,348 SF 8.71 ac lot Built 2006
    Entity Owned 11-yr Hold ~ Est. High Equity
    Property ID
    US07-0957221
    Property summary
    AI-generated overview

    Southern Plaza, located at 6036 S 7th Ave in Phoenix, Arizona, presents a compelling investment opportunity in a thriving retail market. This multi-tenant strip center, totaling 76,254 square feet, currently has 1,200 square feet of vacant space available, ideal for a variety of retail or restaurant uses. The property sits on a substantial 379,510 square foot lot in Maricopa County, offering ample space and potential for future expansion or redevelopment. The existing tenants contribute to a strong and diverse mix of businesses within the center, creating a vibrant and attractive shopping destination. The property's location in Phoenix, AZ, 85041, provides excellent visibility and accessibility, ensuring high foot traffic and convenient access for customers. The 1,200 square foot vacant space presents a unique opportunity for a new business to establish itself in a well-established and successful retail environment. This property is classified as a retail strip center with restaurant subtype, offering a versatile space suitable for a range of commercial uses. The substantial lot size provides significant potential for future development or expansion, adding further value to this already attractive investment. This is an excellent opportunity to acquire a well-located, established retail property with immediate income potential and significant long-term growth prospects.

    Property profile
    Verified
    Property type Grocery and convenience stores
    Use group GROCERY, SUPERMARKET
    Year built 2006
    Construction CONCRETE
    Total area 54,348 SF
    Lot 8.71 ac (379,510 SF)
    Zoning code C-2
    APN 105-83-392
    UPID US07-0957221
    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
    • Unmatched Pool Cleaning Services Phoenix General Contractor
    • NAPA Auto Parts Auto Parts Store
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    by Request
    CAP Approach CAP
    by Request
    Comparable Approach Comparable
    $18.58M
    Blend (final) Blend
    $18.44M
    Owner & transaction history
    Amargosa Palmdale Investments LLC · 11 yrs held
    Amargosa Palmdale Investments LLC
    since 2014
    6 recorded transactions
    2025
    2014
    $11.9M
    2011
    2009
    2005
    1969
    Zoning & alternative use
    C-2 · Phoenix, AZ
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
    Top alternative use upside
    Restaurant $29.0M +79.2%
    Auto repair, garage $23.0M +41.8%
    Office building $16.3M +0.7%
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    More about this property
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