4002 E McDowell Rd - Convenience Store FOR SALE


Phoenix, AZ 85008- Papago
$1,895,000 USD
602-955-6606
4002 E McDowell Rd, Phoenix, AZ for Sale
$1,895,000 USD
Convenience Store - FOR SALE
1/5
null | Request Cap Rate

4002 E McDowell Rd
Phoenix, AZ 85008
Papago


HIGHLIGHTS

  • Month-to-Month tenancy increase to Market Rent or Owner user property
  • High traffic counts McDowell Rd: 32,000+ VPD , 40th St: 16,000+ VPD
  • Approximately 10 minutes (3.9 miles) to Phoenix Sky Harbor International Airport
  • 2 monument signs
  • 4 points of ingress/egress
  • East Phoenix / Arcadia-adjacent corridor

OVERVIEW

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.

FOR SALE DETAILS

PRICE

$1,895,000 USD

PRICE/SF

$790 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY NAME

7-11

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Convenience Store

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1999

SPRINKLERS

-

PARKING SPACES

7

LAND DETAILS

LAND ACRES

0.36 AC

LAND SF

15,769 SF

ZONING

C-2, Phoenix

APN/PARCEL ID

126-06-047A

ASK ABOUT THIS PROPERTY

Ismail AbushanabAmerican Realty BrokersMore Info
602-955-6606

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Ismail AbushanabAmerican Realty BrokersMore Info
602-955-6606

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.