2807 N 35th Ave 1,500 SF Retail Building Phoenix, AZ 85009 $1,721,375 CAD ($1,147.58 CAD/SF) 6.28% Cap Rate

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 with multiple locations - 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.