7-Eleven | 1802 7th st
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7-Eleven 1802 7th st
4,650 SF 4-Star Retail Building Phoenix, AZ 85034 $16,013,352 CAD ($3,444 CAD/SF) 5% Cap Rate
Investment Highlights
- 2024 Construction. 4,650+/- SF Building on 2.38+/- Acre Site
- Surrounded by Major Industrial Tenants in Valley Interstate Industrial Center and Sky Harbor Business Park Including, Amazon and WESCO Assembly.
- 7-Eleven (S&P Rated A) is the Largest Chain Store Operator in the World with Over 85,000 Stores
- High Traffic Counts at Hard Corner Location. w/ Direct Access to the I-17 (VPD +126,600) /US 60, I-10(VPD +211,000)/AZ 51, and Loop 202.
- ASU Campus Nearby w/15,000+ Students. Several Other Major Attractions w/in 2 Miles North of Location Include Chase Field, & Phoenix Convention Center
- Phoenix | Most Populated US Capital | Population: 1,720,000+
Executive Summary
Brand New Rare 18-Year Absolute NNN, with (3) 5-Year Options to Renew. Includes 10% Rental Bumps in Year 11 & Every 5 Years Thereafter.
Property Facts
Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Building Size
4,650 SF
Building Class
B
LoopNet Rating
4 Star
Year Built
2024
Price
$16,013,352 CAD
Price Per SF
$3,444 CAD
Cap Rate
5%
NOI
$800,668 CAD
Tenancy
Single
Building Height
1 Story
Building FAR
0.04
Land Acres
2.38 AC
Opportunity Zone
Yes
Parking
28 Spaces
PROPERTY TAXES
Parcel Number | 112-40-157E | Improvements Assessment | $0 CAD |
Land Assessment | $0 CAD | Total Assessment | $117,270 CAD |
PROPERTY TAXES
Parcel Number
112-40-157E
Land Assessment
$0 CAD
Improvements Assessment
$0 CAD
Total Assessment
$117,270 CAD
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7-Eleven | 1802 7th st
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