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4002 E McDowell Rd
Phoenix, AZ 85008
7-11 · Retail Property For Sale
INVESTMENT HIGHLIGHTS
- Month-to-Month tenancy increase to Market Rent or Owner user property
- Approximately 10 minutes (3.9 miles) to Phoenix Sky Harbor International Airport
- 4 points of ingress/egress
- High traffic counts McDowell Rd: 32,000+ VPD , 40th St: 16,000+ VPD
- 2 monument signs
- East Phoenix / Arcadia-adjacent corridor
EXECUTIVE SUMMARY
True Hard-Corner Retail Opportunity
Offered for sale is a freestanding ±2,400 SF convenience store located on a true hard corner at North 40th Street and East McDowell Road in East Phoenix. The property sits on a ±15,769 SF lot with excellent frontage of ±120 feet on 40th Street and ±130 feet on McDowell Road, providing strong visibility, access, and signage exposure.The property is zoned C-2 (Intermediate Commercial) and the existing tenant is month-to-month, creating an ideal value-add or owner-user opportunity. Buyers can re-lease at market rates, re-tenant, or occupy the building. The site benefits from strong traffic counts with approximately 32,000+ vehicles per day on McDowell Rd and 16,000+ vehicles per day on 40th St. The property is approximately 10 minutes (3.9 miles) from Phoenix Sky Harbor International Airport with quick access to I-10 and Loop 202. Surrounded by dense residential neighborhoods and established retail, this property is well suited for convenience retail, QSR, smoke shop, or neighborhood-serving uses.
Offered for sale is a freestanding ±2,400 SF convenience store located on a true hard corner at North 40th Street and East McDowell Road in East Phoenix. The property sits on a ±15,769 SF lot with excellent frontage of ±120 feet on 40th Street and ±130 feet on McDowell Road, providing strong visibility, access, and signage exposure.The property is zoned C-2 (Intermediate Commercial) and the existing tenant is month-to-month, creating an ideal value-add or owner-user opportunity. Buyers can re-lease at market rates, re-tenant, or occupy the building. The site benefits from strong traffic counts with approximately 32,000+ vehicles per day on McDowell Rd and 16,000+ vehicles per day on 40th St. The property is approximately 10 minutes (3.9 miles) from Phoenix Sky Harbor International Airport with quick access to I-10 and Loop 202. Surrounded by dense residential neighborhoods and established retail, this property is well suited for convenience retail, QSR, smoke shop, or neighborhood-serving uses.
PROPERTY FACTS
Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Convenience Store
Building Size
2,400 SF
Building Class
B
Year Built
1999
Price
$2,593,289 CAD
Price Per SF
$1,080.54 CAD
Tenancy
Single
Building Height
1 Story
Building FAR
0.15
Lot Size
0.36 AC
Zoning
C-2, Phoenix
Parking
7 Spaces (2.92 Spaces per 1,000 SF Leased)
Frontage
AMENITIES
- Bus Line
- Pylon Sign
- Signage
- Signalized Intersection
PROPERTY TAXES
| Parcel Number | 126-06-047A | Improvements Assessment | $0 CAD |
| Land Assessment | $0 CAD | Total Assessment | $67,324 CAD |
PROPERTY TAXES
Parcel Number
126-06-047A
Land Assessment
$0 CAD
Improvements Assessment
$0 CAD
Total Assessment
$67,324 CAD
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