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Rite Inn Lounge 4134 N 7th Ave 1,341 SF of Retail Space Available in Phoenix, AZ 85013
Highlights
- 1,501 SF freestanding bar and tavern, turnkey ready for immediate operator occupancy
- Series 6 liquor license available for separate purchase
- 37,364 VPD on N 7th Avenue, full building frontage with 100% signage control
- 38 surface parking spaces with through access to 9th Avenue
- FF&E negotiable, commercial bar, walk-in cooler, reach-in coolers, TVs, tables and chairs
- Located in the Melrose District, Phoenix's premier independent food, beverage, and nightlife corridor
Space Availability (1)
Display Rental Rate as
- Space
- Size
- Term
- Rental Rate
- Rent Type
| Space | Size | Term | Rental Rate | Rent Type | ||
| 1st Floor | 1,341 SF | Negotiable | $40.00 /SF/YR $3.33 /SF/MO $53,640 /YR $4,470 /MO | Triple Net (NNN) |
1st Floor
4134 N 7th Avenue is a 1,501 SF former freestanding bar and tavern situated on the 7th Avenue corridor in Phoenix's Melrose District. The property operates as a single-tenant building with full street frontage, ample dedicated surface parking with through access to 9th Avenue, and C-2 Commercial zoning. This combination is effectively unavailable elsewhere at this size in the submarket. Positioned on 0.35 AC with 27,758 vehicles per day and a Walk Score of 83, the asset benefits from both strong drive-by exposure and a dense, walkable trade area. The building is masonry construction, built in 1963, and sits two miles north of the Downtown Phoenix core. FF&E is negotiable and can be included or excluded depending on operator needs.
- Lease rate does not include utilities, property expenses or building services
Rent Types
The rent amount and type that the tenant (lessee) will be responsible to pay to the landlord (lessor) throughout the lease term is negotiated prior to both parties signing a lease agreement. The rent type will vary depending upon the services provided. For example, triple net rents are typically lower than full service rents due to additional expenses the tenant is required to pay in addition to the base rent. Contact the listing broker for a full understanding of any associated costs or additional expenses for each rent type.
1. Full Service: A rental rate that includes normal building standard services as provided by the landlord within a base year rental.
2. Double Net (NN): Tenant pays for only two of the building expenses; the landlord and tenant determine the specific expenses prior to signing the lease agreement.
3. Triple Net (NNN): A lease in which the tenant is responsible for all expenses associated with their proportional share of occupancy of the building.
4. Modified Gross: Modified Gross is a general type of lease rate where typically the tenant will be responsible for their proportional share of one or more of the expenses. The landlord will pay the remaining expenses. See the below list of common Modified Gross rental rate structures: 4. Plus All Utilities: A type of Modified Gross Lease where the tenant is responsible for their proportional share of utilities in addition to the rent. 4. Plus Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of cleaning in addition to the rent. 4. Plus Electric: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical cost in addition to the rent. 4. Plus Electric & Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical and cleaning cost in addition to the rent. 4. Plus Utilities and Char: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the utilities and cleaning cost in addition to the rent. 4. Industrial Gross: A type of Modified Gross lease where the tenant pays one or more of the expenses in addition to the rent. The landlord and tenant determine these prior to signing the lease agreement.
5. Tenant Electric: The landlord pays for all services and the tenant is responsible for their usage of lights and electrical outlets in the space they occupy.
6. Negotiable or Upon Request: Used when the leasing contact does not provide the rent or service type.
7. TBD: To be determined; used for buildings for which no rent or service type is known, commonly utilized when the buildings are not yet built.
Property Facts
| Total Space Available | 1,341 SF | Gross Leasable Area | 1,501 SF |
| Property Type | Retail | Year Built | 1963 |
| Property Subtype | Bar | Parking Ratio | 25.32/1,000 SF |
| Total Space Available | 1,341 SF |
| Property Type | Retail |
| Property Subtype | Bar |
| Gross Leasable Area | 1,501 SF |
| Year Built | 1963 |
| Parking Ratio | 25.32/1,000 SF |
About the Property
4134 N 7th Avenue is a 1,501 SF freestanding bar and tavern available for lease in Phoenix's Melrose District. The property sits on a combined 0.35 AC two-parcel site with 38 surface parking spaces and through access to 9th Avenue, a parking ratio that is effectively unavailable for single-tenant operators at this size anywhere in the submarket. The building carries C-2 Commercial zoning, masonry construction, and full 7th Avenue frontage with 100% building signage control. 37,364 vehicles per day on N 7th Avenue provide consistent drive-by exposure, and a Walk Score of 83 reflects a dense, walkable trade area with strong daytime and evening foot traffic. The space is turnkey for bar and restaurant operators. FF&E is negotiable and includes a commercial bar and back bar, walk-in cooler, three reach-in coolers, multiple televisions, and tables and chairs. A Series 6 liquor license is available for separate purchase, eliminating one of the most significant barriers to entry for new operators in Arizona. The Melrose District is Phoenix's most established independent food, beverage, and nightlife corridor, a one-mile commercial strip along 7th Avenue between Indian School Road and Camelback Road with a high concentration of locally owned restaurants, bars, and entertainment venues. The trade area draws from a 1-mile average household income of $91,843 and a 3-mile population of 178,457. The property sits two miles north of Downtown Phoenix with proximity to the Valley Metro light rail at 7th Avenue and Camelback Road. Offered at $40 PSF NNN. Contact listing brokers for tour scheduling and FF&E inventory details.
- Restaurant
- Tenant Controlled HVAC
- Storage Space
- Air Conditioning
- Smoke Detector
Nearby Major Retailers
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Rite Inn Lounge | 4134 N 7th Ave
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