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    FOR LEASE
    Turn key restaurants

    6135 N 35Th Ave, Phoenix, AZ 85017

    5,419 SF 15.25 ac lot Built 1977
    Entity Owned 9-yr Hold Free & Clear
    Property ID
    US07-1114815
    Property summary
    AI-generated overview

    Grand Canyon Crossing, a vibrant retail strip center in Phoenix, Arizona, presents a prime opportunity for discerning businesses. Located at 6135 & 6145 N 35th Ave, 85017, this property boasts a total of 105,316 square feet of retail space within a substantial 664,490 square foot lot in Maricopa County. Currently, there is 3,000 square feet of immediately available space, perfect for a variety of retail uses. The minimum divisible space is also 3,000 square feet, offering flexibility for expansion or consolidation. This multi-tenant center is conveniently situated off Bethany Home Road, providing excellent visibility and accessibility to a thriving customer base. The property's size and location make it an ideal investment for businesses seeking a strong presence in a dynamic Phoenix neighborhood. The ample lot size offers potential for future development or expansion. This is a rare opportunity to secure retail space in a well-established center with significant potential for growth and return on investment. The property is categorized as a retail strip center and is situated in a high-traffic area, promising strong foot traffic and visibility for your business. Don't miss this chance to establish your business in this desirable location.

    Property profile
    Verified
    Property type Turn key restaurants
    Use group RESTAURANT
    Year built 1977
    Construction CONCRETE
    Total area 5,419 SF
    Lot 15.25 ac (664,490 SF)
    Zoning code C-2
    APN 152-18-003N
    UPID US07-1114815
    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
    • Zia Records (Bethany Home - Phoenix) Arcade & Gaming Center Electronics & Wireless Store
    • Davi Nails Nail Salon
    • J & Gios Barbershop Barber Shop
    • Kelly D. Nails & Spa Nail Salon
    • Sally Beauty (Bike/Boat/Book/etc) Store Cosmetic Store
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    by Request
    CAP Approach CAP
    by Request
    Comparable Approach Comparable
    $4.49M
    Blend (final) Blend
    $4.40M
    Owner & transaction history
    Btc Owner LLC · 9 yrs held
    Btc Owner LLC
    since 2017
    4 recorded transactions
    2017
    $41.3M
    2011
    2005
    2004
    Zoning & alternative use
    C-2 · Phoenix, AZ
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
    Top alternative use upside
    Commercial (general) $3.8M +30.4%
    Try Rey
    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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