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2807 N 35th Ave
Phoenix, AZ 85009
Retail Property For Sale


Executive Summary
freestanding beer & wine retail building offered as a tenant-operated investment with a Triple Net (NNN) lease structure, providing passive and predictable income for an investor.
The property is occupied by an established local beer and wine operator who is responsible for all operating expenses, including taxes, insurance, and maintenance, resulting in zero landlord responsibilities. The standalone configuration offers strong curb appeal, clear signage visibility, and dedicated on-site parking, making it well-suited for convenience-oriented retail use.
Strategically located along 35th Avenue, the site benefits from consistent neighborhood traffic, strong surrounding residential density, and proximity to major east-west corridors, supporting long-term retail demand. The asset presents an ideal opportunity for investors seeking stable cash flow, a simple lease structure, and a recession-resilient retail use.
This offering is well-positioned for both private investors and 1031 exchange buyers looking for a low-management, single-tenant retail asset in the Phoenix metro.
The property is occupied by an established local beer and wine operator who is responsible for all operating expenses, including taxes, insurance, and maintenance, resulting in zero landlord responsibilities. The standalone configuration offers strong curb appeal, clear signage visibility, and dedicated on-site parking, making it well-suited for convenience-oriented retail use.
Strategically located along 35th Avenue, the site benefits from consistent neighborhood traffic, strong surrounding residential density, and proximity to major east-west corridors, supporting long-term retail demand. The asset presents an ideal opportunity for investors seeking stable cash flow, a simple lease structure, and a recession-resilient retail use.
This offering is well-positioned for both private investors and 1031 exchange buyers looking for a low-management, single-tenant retail asset in the Phoenix metro.
Property Facts
Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Building Size
1,500 SF
Building Class
B
Year Built/Renovated
1968/2007
Price
$1,710,988 CAD
Price Per SF
$1,140.66 CAD
Cap Rate
6.28%
NOI
$107,451 CAD
Tenancy
Single
Building Height
1 Story
Building FAR
0.09
Lot Size
0.37 AC
Opportunity Zone
Yes
Zoning
C-2 - C-2 Commercial
Frontage
300’ on 35th Avenue
Property Taxes
| Parcel Number | 108-10-132H | Improvements Assessment | $0 CAD |
| Land Assessment | $0 CAD | Total Assessment | $36,031 CAD |
Property Taxes
Parcel Number
108-10-132H
Land Assessment
$0 CAD
Improvements Assessment
$0 CAD
Total Assessment
$36,031 CAD
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