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2317 N 7th St
Phoenix, AZ 85006
Sheridan Square · Commerce de détail Propriété À vendre
Certaines informations ont été traduites automatiquement.
Faits saillants de l'investissement
- Traffic counts exceeding 45,000 vehicles per day
- Strong demographics and continued multifamily growth
- Located in the highly desirable Coronado District
- Just north of Downtown Phoenix & I- 10 Interchange which handles 290,000 cars per day
Résumé de l'annonce
Sheridan Square is a rare opportunity to acquire a well-located neighborhood retail center in Phoenix's highly desirable 7th Street Corridor, within the historic Coronado District.
The property consists of 10,546 square feet of retail space situated on an approximately 40,000 square foot parcel and is offered at $3,500,000 ($331 per square foot). The center is currently 80% occupied and offers investors an attractive 6.5% cap rate with additional upside through lease-up and rent growth.
Current tenants include Main Ingredient, Urban Cookies, Teta Mayo, and Velo, providing a diverse mix of established local businesses that serve the surrounding community.
Sheridan Square benefits from exceptional visibility along 7th Street with traffic counts exceeding 45,000 vehicles per day. The property is strategically positioned just north of Downtown Phoenix in one of the city's strongest urban infill corridors, surrounded by established neighborhoods, significant residential density, and continued multifamily development that is driving population growth and consumer demand.
The property consists of 10,546 square feet of retail space situated on an approximately 40,000 square foot parcel and is offered at $3,500,000 ($331 per square foot). The center is currently 80% occupied and offers investors an attractive 6.5% cap rate with additional upside through lease-up and rent growth.
Current tenants include Main Ingredient, Urban Cookies, Teta Mayo, and Velo, providing a diverse mix of established local businesses that serve the surrounding community.
Sheridan Square benefits from exceptional visibility along 7th Street with traffic counts exceeding 45,000 vehicles per day. The property is strategically positioned just north of Downtown Phoenix in one of the city's strongest urban infill corridors, surrounded by established neighborhoods, significant residential density, and continued multifamily development that is driving population growth and consumer demand.
Faits sur la propriété
Type de vente
Investissement
Type de propriété
Taille du bâtiment
10 546 pi²
Année de construction/rénovation
1965/2014
Prix
4 929 680 $ CAD
Prix par pi²
467,45 $ CAD
Taux de capitalisation
6,51%
Revenu net d’exploitation
321 133 $ CAD
Pourcentage loué
80%
Location
Multiples
Hauteur du bâtiment
1 étage
Coefficient d’occupation des sols de l’immeuble
0,26
Taille du lot
0,92 AC
Zone de développement économique
Oui
Zonage
C-2
Façade
308’ sur 7th Street
Impôts fonciers
| Numéros de lot | Évaluation des bâtiments | 0 $ CAD | |
| Évaluation du terrain | 24 465 $ CAD | Évaluation totale | 247 113 $ CAD |
Impôts fonciers
Numéros de lot
Évaluation du terrain
24 465 $ CAD
Évaluation des bâtiments
0 $ CAD
Évaluation totale
247 113 $ CAD
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