Log In/Sign Up
Your email has been sent.
7-11 4002 E McDowell Rd 2,400 SF Retail Building Phoenix, AZ 85008 $1,895,000 ($789.58/SF)
Investment Highlights
- Month-to-Month tenancy increase to Market Rent or Owner user property
- Approximately 10 minutes (3.9 miles) to Phoenix Sky Harbor International Airport
- 4 points of ingress/egress
- High traffic counts McDowell Rd: 32,000+ VPD , 40th St: 16,000+ VPD
- 2 monument signs
- East Phoenix / Arcadia-adjacent corridor
Executive Summary
True Hard-Corner Retail Opportunity
Offered for sale is a freestanding ±2,400 SF convenience store located on a true hard corner at North 40th Street and East McDowell Road in East Phoenix. The property sits on a ±15,769 SF lot with excellent frontage of ±120 feet on 40th Street and ±130 feet on McDowell Road, providing strong visibility, access, and signage exposure.The property is zoned C-2 (Intermediate Commercial) and the existing tenant is month-to-month, creating an ideal value-add or owner-user opportunity. Buyers can re-lease at market rates, re-tenant, or occupy the building. The site benefits from strong traffic counts with approximately 32,000+ vehicles per day on McDowell Rd and 16,000+ vehicles per day on 40th St. The property is approximately 10 minutes (3.9 miles) from Phoenix Sky Harbor International Airport with quick access to I-10 and Loop 202. Surrounded by dense residential neighborhoods and established retail, this property is well suited for convenience retail, QSR, smoke shop, or neighborhood-serving uses.
Offered for sale is a freestanding ±2,400 SF convenience store located on a true hard corner at North 40th Street and East McDowell Road in East Phoenix. The property sits on a ±15,769 SF lot with excellent frontage of ±120 feet on 40th Street and ±130 feet on McDowell Road, providing strong visibility, access, and signage exposure.The property is zoned C-2 (Intermediate Commercial) and the existing tenant is month-to-month, creating an ideal value-add or owner-user opportunity. Buyers can re-lease at market rates, re-tenant, or occupy the building. The site benefits from strong traffic counts with approximately 32,000+ vehicles per day on McDowell Rd and 16,000+ vehicles per day on 40th St. The property is approximately 10 minutes (3.9 miles) from Phoenix Sky Harbor International Airport with quick access to I-10 and Loop 202. Surrounded by dense residential neighborhoods and established retail, this property is well suited for convenience retail, QSR, smoke shop, or neighborhood-serving uses.
Property Facts
Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Convenience Store
Building Size
2,400 SF
Building Class
B
Year Built
1999
Price
$1,895,000
Price Per SF
$789.58
Tenancy
Single
Building Height
1 Story
Building FAR
0.15
Lot Size
0.36 AC
Zoning
C-2, Phoenix
Parking
7 Spaces (2.92 Spaces per 1,000 SF Leased)
Frontage
Amenities
- Bus Line
- Pylon Sign
- Signage
- Signalized Intersection
Walk Score®
Very Walkable (70)
Bike Score®
Very Bikeable (78)
Nearby Major Retailers
Property Taxes
| Parcel Number | 126-06-047A | Improvements Assessment | $0 |
| Land Assessment | $0 | Total Assessment | $49,196 |
Property Taxes
Parcel Number
126-06-047A
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$49,196
1 of 6
Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
Presented by
7-11 | 4002 E McDowell Rd
Already a member? Log In
Hmm, there seems to have been an error sending your message. Please try again.
Thanks! Your message was sent.
Your message has been sent!
Activate your LoopNet account now to track properties, get real-time alerts, save time on future inquiries, and more.