7-Eleven Phoenix, AZ

1802 S 7th St
Phoenix, AZ

Price: $11,400,000
Cap Rate: 5.00%
NOI: $570,000
Building Size: Approx. 4,650 Sq. Ft.
Lot Size: Approx. 2.38 Acres
Type: Single-Tenant / Retail
Sub Category: Convenience / Gas
Year Built: 2024

Investment Overview

  • 2024 Construction. 4,650+/- SF Building on 2.38+/- Acre Site
  • Brand New Rare 18-Year Absolute NNN, with (3) 5-Year Options to Renew. Includes 10% Rental Bumps in Year 11 & Every 5 Years Thereafter.
  • High Traffic Counts at Hard Corner Location. w/ Direct Access to the I-17 (VPD +126,600) /US 60, I-10(VPD +211,000)/AZ 51, and Loop 202.
  • Surrounded by Major Industrial Tenants in Valley Interstate Industrial Center and Sky Harbor Business Park Including, Amazon and WESCO Assembly.
  • ASU Campus Nearby w/15,000+ Students. Several Other Major Attractions Within 2 Miles North of Location Include Chase Field, Phoenix Convention Center, and Footprint Center.
  • 7-Eleven (S&P Rated A) is the Largest Chain Store Operator in the World with Over 85,000 Stores
  • Phoenix | Most Populated US Capital | Population: 1,720,000+

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