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5827 N 7th St
Phoenix, AZ 85014
AAA · Retail Property For Sale

Investment Highlights

  • New 10-Year Absolute Triple-Net (NNN) Corporate Lease
  • Brand New 2020 Construction
  • Excellent Visibility Near the Intersection of N 7th Street and W Bethany Home Road (66,000+ Cars/Day)
  • 10% Rental Increases Every 5 Years
  • 406,225 Residents within a 5-Mile Radius - Infill Phoenix
  • Average Household Income Exceeds $87K in 1-Mile Radius

Property Facts

Property Type
Retail
Property Subtype
Freestanding
Building Size
9,240 SF
Building Class
B
Year Built
2020
Tenancy
Single
Building Height
1 Story
Building FAR
0.31
Lot Size
0.69 AC
Zoning
C-2
Frontage
160’ on N 7th St

Amenities

  • Smoke Detector

About 5827 N 7TH ST , PHOENIX, AZ 85014

The Phoenix metro consists of Maricopa and Pinal counties, and includes more than 30 incorporated and more than 30 unincorporated towns and cities. Since 2000, the population in the metro increased by more than 38 percent. The largest city is Phoenix, which encompasses about 520 square miles, is the capital city and boasts a population of more than 1.5 million. As one of the primary beneficiaries of the massive shift in the U.S. population from north to south, the Phoenix metro has had little difficulty finding workers. Phoenix claims five Fortune 500 headquarters, including Freeport-McMoRan,Republic Services, Insight Enterprises, Avnet and PetSmart. Construction, hightech manufacturing, healthcare and tourism dominate the Phoenix economy. The local economy has strengthened since the recession, with retail sales projected above 8 percent this year and hotel occupancy levels rising. High-tech manufacturing has been a powerful driver in the local economy for two decades. The region’s relatively low cost of doing business has encouraged several manufacturers to remain and expand in the area, while luring others. The strengthening economy has drawn job seekers to the area, boosting the housing market. Phoenix offers a lower cost of living than other metros its size, a moderate climate, and a wide variety of recreational and cultural activities. The Phoenix region boasts almost 300 days of sunshine annually, low humidity and mild winters. In addition to hiking, camping and boating, sports enthusiasts can enjoy one of the most complete lineups of major league teams found in any city, including teams in all four major sports. The Cactus League holds spring training baseball throughout the Valley, and the area has numerous golf courses and tennis courts.

Property Taxes

Property Taxes

Parcel Number
162-06-004G
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$281,635
  • Listing ID: 18092861

  • Date on Market: 1/6/2020

  • Last Updated:

  • Address: 5827 N 7th St, Phoenix, AZ 85014

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