5600 N 7th St
Phoenix, AZ 85014
THE COLONY NORTH | PHX GOLDEN MILE CORRIDOR · Retail Property For Sale

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 four 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 nearly 423,000 residents within a 5-mile radius --High-income trade area with average household income over $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