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Arcos De Oeste 6516 N 7th St 20,352 SF 100% Leased Office Building Phoenix, AZ 85014 $2,500,000 ($122.84/SF)
Investment Highlights
- 7th STREET MONUMENT SIGN
- Close proximity to major freeways including I-17 and Hwy 51
- Nearby amenities include shopping centers, restaurants, and services
- Prominent 7th Street location with excellent visibility and access
- Strong redevelopment activity in the surrounding area enhancing growth potential
- Strong demographics: ±85,000 population within a 3-mile radius, projected ±95,000 by 2029
Executive Summary
The property at 6516 N 7th Street is strategically located in North Phoenix, an area characterized by its rapid growth and evolving commercial landscape. This vibrant corridor is supported by a dynamic mix of retail, dining, and service establishments, driving consistent demand for high-quality space. With its excellent visibility and high traffic counts, the location stands out as a prime opportunity for both retail and office users.
Proximity to major transportation routes, including the I-17 and Hwy 51 freeways, enhances accessibility and connects the area to the broader Phoenix metropolitan market. The surrounding developments, including new multifamily projects and community enhancements, position this property as a valuable asset for investors and businesses alike.
Proximity to major transportation routes, including the I-17 and Hwy 51 freeways, enhances accessibility and connects the area to the broader Phoenix metropolitan market. The surrounding developments, including new multifamily projects and community enhancements, position this property as a valuable asset for investors and businesses alike.
Property Facts
Sale Type
Investment or Owner User
Property Type
Office
Building Size
20,352 SF
Building Class
C
Year Built/Renovated
1972/1985
Price
$2,500,000
Price Per SF
$122.84
Percent Leased
100%
Tenancy
Multiple
Building Height
2 Stories
Typical Floor Size
10,176 SF
Slab To Slab
10’
Building FAR
0.54
Lot Size
0.86 AC
Zoning
C-2, Phoenix - Commercial
Parking
74 Spaces (3.64 Spaces per 1,000 SF Leased)
Amenities
- Bus Line
- Signage
1 1
Walk Score®
Very Walkable (74)
Bike Score®
Very Bikeable (77)
Property Taxes
| Parcel Number | 161-19-071F | Improvements Assessment | $0 |
| Land Assessment | $0 | Total Assessment | $174,660 |
Property Taxes
Parcel Number
161-19-071F
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$174,660
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Arcos De Oeste | 6516 N 7th St
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