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839 Camelback Rd Phoenix, AZ 85014-3633

OFF-MARKET Retail space Google Maps
9,545 SF 0.51 ac lot Built 1979
Entity Owned Free & Clear
Estimated value (blended)
$2.51M
Range $2.26M – $2.76M (±10%)
Property ID US07-1528957

Property summary

AI-generated overview

This exceptional Phoenix commercial property, located at 839 E Camelback Rd, presents a prime investment opportunity. Priced at $3,950,000, this special-purpose land boasts a solid gold tenant secured by a 10-year NNN lease, ensuring consistent income generation. The property features a high net operating income (NOI) with a 4% annual increase built into the lease, providing strong returns for investors. Situated in a high-traffic, high-rent district within the desirable Camelback Corridor, this location offers unparalleled visibility and accessibility. The property itself includes versatile open retail space ideal for a variety of businesses. A fully equipped commercial kitchen is perfect for food service operations, complemented by ample storage space for efficient business management. Functional offices overlook the retail area, providing excellent operational oversight. Convenient roll-up doors facilitate easy deliveries and logistics, while a fenced rear lot offers secure and private outdoor space. This turnkey property is also an excellent candidate for a 1031 exchange. This is a rare opportunity to acquire a high-performing asset in a prime Phoenix location. The property's strong tenant, long-term lease, and exceptional location make it an attractive investment for discerning buyers. Don't miss this chance to own a piece of the thriving Camelback Corridor.

Property profile

Verified
Property type Retail space
Use group RETAIL STORES (PERSONAL SERVICES)
Year built 1979
Construction CONCRETE
Total area 9,545 SF
Lot 0.51 ac (22,063 SF)
Zoning code C-C
APN 155-21-072
UPID US07-1528957

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Cafe & Coffee Shop
  • Discount Store

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$3.30M
Blend (final) Blend
$2.51M

Owner & transaction history

since 2025
Last sale
$3.5M
7 recorded transactions
2025
$3.5M
2023
Price N/A
2023
$2.4M
2020
Price N/A
2020
$1.7M
2014
Price N/A
2006
$1.3M

Zoning & alternative use

C-C · Phoenix, AZ
Top alternative use upside
Restaurant $5.1M +79.2%
Auto repair, garage $4.0M +41.8%

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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