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5538 N 7th St
Phoenix, AZ 85014
THE COLONY SOUTH | PHOENIX GOLDEN MILE · Retail Property For Sale

Property Facts

Property Type
Retail
Property Subtype
Restaurant
Building Size
14,403 SF
Building Class
B
Year Built
2015
Tenancy
Multiple
Building Height
2 Stories
Building FAR
0.27
Lot Size
1.23 AC
Zoning
C-2 - Commercial
Parking
79 Spaces (5.48 Spaces per 1,000 SF Leased)
Frontage
197’ on 7th St

Amenities

  • Restaurant
  • Wheelchair Accessible
  • Air Conditioning
  • Smoke Detector

About 5538 N 7TH ST , PHOENIX, AZ 85014

INVESTMENT HIGHLIGHTS • Long-term pride of ownership trophy asset in Phoenix Golden Mile Corridor, one of the most desirable communities in Phoenix • The Colony is located in one of the most sought-after spaces in the Phoenix Metro, with high retailer demand due to its exceptional sales volume and high barriers to entry • Strategic tenant roster line-up that is ideal for the surrounding trade area demographics • All tenants have annual rent increases, enhancing future cash-on-cash returns • New architectural design by the LGE Design Build team, awarded 2016 Retail Project of the Year by NAIOP for this property LOCATION HIGHLIGHTS • Strong employment corridor includes over 348,000 daytime employees within a 5-mile radius • Excellent visibility from 7th Street, with over 33,000 vehicles per day • Dense, affluent historic neighborhoods surround the property with over 423,000 residents within a 5-mile radius • High-income trade area with average household income nearly $73,000 within a 1-mile radius • Property is located less than 2 miles west of the most heavily traveled stretch of Interstate 51 with ±167,000 vehicles per day

Property Taxes

Property Taxes

Parcel Number
162-35-043L
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$427,399
  • Listing ID: 13959239

  • Date on Market: 10/3/2018

  • Last Updated:

  • Address: 5538 N 7th St, Phoenix, AZ 85014

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