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3418 N 7th Ave
Phoenix, AZ 85013
Phoenix Dog/Cat Hospital · Retail Property For Sale
Investment Highlights
- Term: Fresh 10 years remaining on the lease term
- High buildout costs and the client’s relation to the hospital cause veterinarians to rarely relocate making the asset more sticky compared to retail
- Phoenix Population Growth & Density – Phoenix ranks the 5th most populated city in US after New York City, Los Angeles, Chicago and Houston.
- Rental Increases: The site provides a 2% annual increase to hedge against inflation
- Since the start of the COVID-19 crisis, more than 23 million American homes have added pets, which has increased demand for pet care services
- Phoenix’s population density is 3,119 people per square kilometer, which is one of the most densely populated major city in US
Property Facts
Property Type
Retail
Property Subtype
Freestanding
Building Size
3,290 SF
Building Class
C
Year Built
1955
Tenancy
Single
Building Height
1 Story
Building FAR
0.21
Lot Size
0.36 AC
Zoning
C-1, Phoenix - C-1, Commercial
Parking
15 Spaces (7.01 Spaces per 1,000 SF Leased)
Frontage
Amenities
- Bus Line
- Drive Thru
Property Taxes
| Parcel Number | 110-13-129A | Improvements Assessment | $0 |
| Land Assessment | $0 | Total Assessment | $111,624 |
Property Taxes
Parcel Number
110-13-129A
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$111,624
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