Phoenix, AZ 85006

Original ChopShop Drive-Thru

Property Address

2817 North 7th Street, Phoenix, AZ, USA

Offering Summary

  • Price: $3,810,000
  • Lot Size: .59 Acres
  • Cap Rate: 5.25%
  • Year Built: 1969/2025
  • Building SF: 2,847
  • Status: Available
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  • Brand New 10-Year Absolute Triple-Net (NNN) Corporate Lease
  • Annual Rental Increases with Multiple Renewal Options
  • Dense Trade Area in the Heart of Phoenix's Midtown District - 404,080 Residents within a Five-Mile Radius
  • Hard Corner Location at a Busy Intersection - Accessible by Over 99,000 Cars per Day Along Thomas Road and North 7th Street
  • Subject Site is the 11th ChopShop Location in Arizona and is the First Location to Feature an Order-Ahead Pick-Up Window - 27 Total Locations in the U.S.
  • Conveniently Located Near Numerous Apartment Buildings and Office Complexes Near Midtown and Downtown Phoenix - 46,783 Employees Located within a One-Mile Radius
  • Average Household Income Exceeds $102,000 in a Five-Mile Radius
  • Situated Across from Phoenix Country Club
  • ChopShop has Expanded Into Several Major U.S. Markets - Phoenix, Tucson, Dallas-Fort Worth, Houston, College Station, and Atlanta

Broker Information