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7th & Claremont Center 6239 N 7th St 7,272 SF 100% Leased Retail Building Phoenix, AZ 85014 $5,569,721 CAD ($765.91 CAD/SF) 6% Cap Rate
INVESTMENT HIGHLIGHTS
- Trophy Location in the heart of east Phoenix Midtown on 7th Street and Claremont Street
- Prime Visibility on 7th Street with Building and Monument Signage and +/-70k VPD
- Recently Constructed 2-Story Building in 2017 with over 7/1,000sf Parking Ratio
- New Lease Agreements with Burn It Build It and The Aesthetic Syndicate for 10-years each
- Strong Demographics with Avg HH Income over $104k in 1-mi Radius
- Nearby Developments offer Prime Dining and Shopping with Culinary Dropout, Pure Barre, Wildflower, The Colony Uptown, and more
EXECUTIVE SUMMARY
of 7th Street and Claremont Street. This thriving center has a diverse mix of tenants, with two of the three leases newly extended to 10-year terms, promising a steady flow of income.
This dense, well-established submarket has an average household income within a 2-mile radius of $103,569, and population of 411,539 within a 5-mile radius. 7th Street & Claremont thrives on the constant flow of traffic, with approximately 65,000 vehicles per day, a testament to its prime location.
PROPERTY FACTS
MAJOR TENANTS
- TENANT
- INDUSTRY
- SF OCCUPIED
- RENT/SF
- LEASE TYPE
- LEASE END
- Aesthetic Institute
- Health Care and Social Assistance
- 2,490 SF
- -
- Triple Net
- Jun 2035
-
- Services
- 3,352 SF
- -
- Triple Net
- Aug 2035
After spending decades in the fitness business owning and operating dozens of gyms, we have seen a consistent decline in service and qualified training. There had to be a better way. Nobody was offering a balanced approach to fitness that was sustainable, fun and affordable. Let alone actually getting people in shape. It’s time to make a better choice! Finally, a workout that creates the proper balance between cardio, strength, and mobility! Our philosophy helps you achieve your goals while still balancing all of your day to day responsibilities. Our workouts are constantly varied, never doing the same workout twice. Whether your goal is to lose weight, increase muscle, or improve overall health, our workouts are the most efficient way to achieve your goals.
-
- Retailer
- 1,430 SF
- -
- Triple Net
- Jan 2028
Located in the heart of Hillcrest, Uncle Biff's California Killer Cookies have been a San Diego tradition for more than 25 years. From humble beginnings in Uncle Biff's own kitchen, Uncle Biff's California Killer Cookies grew to one of the cities most beloved and cherished landmarks - not to mention the killer cookies. The recipe has a history with rich roots originating from Uncle Biff's Grandma, affectionately known as GaGa. Uncle Biff anxiously awaited every holiday and birthday knowing that there would be a package full of GaGa's most coveted cookies waiting at his doorsteps. Without fail, the cookies arrived perfectly prepared and carefully packaged so not a cookie shifted out of place. Uncle Biff would set out on hoarding as many cookies as he could and treasure every delicious last bite. From these prized memories, Uncle Biff decided to recreate a piece of his childhood heaven, and after countless attempts and dedication, Uncle Biff's Killer Cookies were finally born. T
| TENANT | INDUSTRY | SF OCCUPIED | RENT/SF | LEASE TYPE | LEASE END | |
| Aesthetic Institute | Health Care and Social Assistance | 2,490 SF | - | Triple Net | Jun 2035 | |
|
|
Services | 3,352 SF | - | Triple Net | Aug 2035 | |
|
|
Retailer | 1,430 SF | - | Triple Net | Jan 2028 |
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Number | 161-15-038 | Improvements Assessment | $0 CAD |
| Land Assessment | $0 CAD | Total Assessment | $348,898 CAD |
PROPERTY TAXES
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7th & Claremont Center | 6239 N 7th St
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