8341 7th St Phoenix, AZ 85020-3440

Property Details for 8341 7th St

Year built

1962

Construction

CONCRETE

Lot size

0.23 lot acres

Property size

2,069 SF

Zone code

C-2

Property type

Office buildings

APN

160-07-142G

APU

16007142G

Description

This exceptional 2,069 square foot retail strip center, located at 8341 N 7th Street in Phoenix, Arizona, presents a compelling investment opportunity. The property, built in 1974, sits on a 9,897 square foot lot (APN 160-07-142-G) and is offered at $510,000, or $246.50 per square foot. The single-building property features a multi-tenant configuration, operating under a NNN lease structure. Its prime location on 7th Street in the North Central neighborhood offers excellent visibility and convenient access to major roadways, including SR-51 and I-17. The property boasts a previously used cigar lounge with an attractive outdoor patio area, providing ample space for various retail uses. This presents a unique opportunity for an owner-user or value-add investor seeking a well-positioned retail space in a thriving Phoenix neighborhood. The property's strong location and existing infrastructure make it an attractive prospect for a variety of retail businesses. The substantial lot size also offers potential for future expansion or development. This is a rare opportunity to acquire a well-located retail property in a desirable area of Phoenix.