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32213682
32213683

2807 N 35TH AVE, PHOENIX, AZ 85009

AS
AZ SA683811000
The Firm Real Estate
Listed by The Firm Real Estate
$1,250,000
37 days on market
Updated 8 days ago
Opportunity zone

2807 N 35TH AVE PHOENIX AZ 85009

Details
APN 108-10-132-H
Property Type Retail
Sub Type Convenience Store
Square Footage 1,250
Units 1
Cap Rate 6.00%
NOI $72,000
Occupancy 100%
Tenancy Single
Lease Type NNN
Remaining Term 10
Year Built 1959
Year Renovated 2010
Stories 1
Lot Size (SqFt) 16,221
Parking Spaces spaces
Investment Type Stabilized
Ground Lease No

Freestanding Drive-Thru Beer & Wine Building (Real Estate Sale Only) 100% Leased

Investment highlights

Freestanding beer & wine retail Drive-Thru 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 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.

Listing Contacts

AS
AZ SA683811000
The Firm Real Estate
Listed by The Firm Real Estate

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Loan Amount
$0.00
Annual Debt Service
$--
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Annual Cash Flow
$72,000.00
$6,000.00/mo

Valuation Metrics

0
DSCR
5.76%
Cap Rate
5.76%
ROI

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Additional Information

Name
Ahmad Soughar
License
SA683811000
Brokerage
Real Estate at The Firm
Brokerage Phone
6025030610
Title
Real Estate Broker
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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