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5651 N 7th St
Phoenix, AZ 85014
Mora Italian · Retail Property For Sale

PROPERTY FACTS

Property Type
Retail
Property Subtype
Restaurant
Building Size
5,998 SF
Building Class
B
Year Built
2016
Tenancy
Single
Building Height
1 Story
Building FAR
0.18
Lot Size
0.76 AC
Zoning
C-2 - Commercial
Frontage
250’ on N 7th St

ABOUT 5651 N 7TH ST , PHOENIX, AZ 85014

INVESTMENT HIGHLIGHTS: --Celebrity chef driven concept with long-term twelve (12) year absolute NNN lease with strong 2% annual rent increases --Chef Scott Conant’s award-winning restaurants have been applauded everywhere from The New York Times to Food & Wine and Esquire and have earned him a place among America’s most celebrated chefs --Pride of ownership trophy asset in Phoenix Golden Mile Corridor, one of the most desirable communities in Phoenix --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 LOCATION HIGHLIGHTS: --Dense, affluent historic neighborhoods surround the property with nearly 409,000 residents within a 5-mile radius --Strong employment corridor includes over 321,000 daytime employees within a 5-mile radius --Excellent visibility from 7th Street, with over 33,000 vehicles per day --High-income trade area with average household income over $69,000 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
162-07-042A
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$291,368
  • Listing ID: 10861886

  • Date on Market: 12/5/2017

  • Last Updated:

  • Address: 5651 N 7th St, Phoenix, AZ 85014

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