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7-Eleven 9110 Thomas rd 4,650 SF Retail Building Phoenix, AZ 85037 $9,919,000 ($2,133.12/SF) 5% Cap Rate

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INVESTMENT HIGHLIGHTS

  • 2025 Construction. 4,650+/- SF Building on 1.26+/- Acre Site
  • Located at Thomas Rd (28,800+ VPD) and N 91st Ave (18,996+ VPD), Just Off Loop 101 (143,500+ VPD) & Just North of I-10 (188,300+ VPD)
  • 7-Eleven (S&P Rated A) is the Largest Chain Store Operator in the World with 85k+ Locations Worldwide
  • Adjacent to Algadon Development (1.3M+ SF on 94+ Acres) – Master-Planned, Mixed-Use Commercial Project
  • Across from Banner Estrella Medical Center (317 Beds) & Phoenix Children’s Ophthalmology (Ranked Among “Best Children’s Hospitals”)
  • Phoenix | Nation’s Most Populated Capital, 11th Largest Metro | Population: 1.72M+

EXECUTIVE SUMMARY

Brand New 15-Year Absolute NNN Corporate Lease w/ 7.5% Rent Increases Every 5 Yrs. in Both Primary Term & (3) 5-Yr. Option Periods

PROPERTY FACTS

Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Convenience Store
Building Size
4,650 SF
Building Class
B
Year Built
2025
Price
$9,919,000
Price Per SF
$2,133.12
Cap Rate
5%
NOI
$495,950
Tenancy
Single
Building Height
1 Story
Building FAR
0.08
Lot Size
1.26 AC
Zoning
C-C - Commercial

NEARBY MAJOR RETAILERS

Starbucks
Food City
PNC Bank
Sunflower Bank
Sprouts
Fry’s Food Stores

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
102-26-011
Land Assessment
$142,636
Improvements Assessment
$0
Total Assessment
$142,636
  • Listing ID: 36971661

  • Date on Market: 7/29/2025

  • Last Updated:

  • Address: 9110 Thomas rd, Phoenix, AZ 85037

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