Restaurant with Outdoor
For Sale
$1,750,000
10434 East Jomax Road, Scottsdale, AZ 85262
Includes a bar, wine cellar, dining rooms, patio bar, and restaurant equipment.
Property Size4,662 SF
Days on Market230
Property Features for 10434 East Jomax Road
General Information
Standard status
Active
Size
4,662 SF
Property subtype
Restaurant
Restaurant
Patio
Yes
Equipment Included
Yes
Building Details
Building Size
4,662 SF
Year Built
2005
Properties For Sale
at 10434 East Jomax Road
Unit
Size
4,662 SF
Lease Type
NNN
Listing Agency:
Coldwell Banker Commercial Realty
Listed By:
Cathy Fox · License #5694790
(602) 316-7978
Source:
Thebrokerlist
Added: Feb 18
Changed: Oct 3
Last Checked: Oct 5 at 3:02PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Coldwell Banker Commercial Realty
Investment Insights
Based on property information with market context.
This conventional restaurant property includes multiple dining rooms, a prominent interior bar, and a dedicated wine cellar. The outdoor patio adds a second bar area for seasonal al fresco service. Restaurant equipment, appliances, cookware, and small wares are included, providing an established physical setup for a new food concept or an expansion of an existing operation.
Built in 2005, the property is located at 10434 East Jomax Road in Scottsdale, Arizona. The surrounding North Scottsdale area includes nearby golf courses, the McDowell Sonoran Preserve, Scottsdale Quarter, and Kierland Commons. The setting combines a suburban desert environment with access to recreational and upscale retail destinations.
Built in 2005, the property is located at 10434 East Jomax Road in Scottsdale, Arizona. The surrounding North Scottsdale area includes nearby golf courses, the McDowell Sonoran Preserve, Scottsdale Quarter, and Kierland Commons. The setting combines a suburban desert environment with access to recreational and upscale retail destinations.
Key Highlights
- Outdoor patio with a dedicated bar area
- Interior bar and dedicated wine cellar
- Multiple dining rooms for restaurant service
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$101,748
Cap Rate
5.81%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,034,960
$2.0M
Cap Rate 7%
$1,453,543
$1.5M
Cap Rate 9%
$1,130,533
$1.1M
Market Conditions
NOI Build-Up for 4,662 SF
Gross rent
$139.9K $30.00/SF
− Vacancy
−$4.2K −$0.90/SF
EGI
$135.7K $29.10/SF
− OpEx
−$33.9K −$7.27/SF
NOI
$101.7K $21.83/SF
Area
Scottsdale, AZ
Vacancy
3.00%
Lease Rate
$30.00 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,034,960
Cap Rate 7%
$1,453,543
Cap Rate 9%
$1,130,533
Alternative Uses
Best Use
Specialty Retail
$1.45M
$1.27M – $1.70M
NOI $101,748 @ 7.0% cap · market cap 5.81%
Second Best
—
—
no second resolved use
Theoretical Best
Retail
$1.53M
$1.34M – $1.79M
NOI $107,128 @ 7.0% cap · market cap 6.12%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
112
Businesses Nearby
360
Monthly Visits Nearby
Balanced
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 100%
Extra Space Storage
Shops & Services
360 visits/mo
0.1 miles
Demographics for 85262, AZ
13,366
Population
8,552
Households
1.6
Avg Household Size
62
Median Age
60%
College-Educated
98%
High-School Grad
155.2 sq mi
ZIP Area
86
Density / Sq Mi
$173,795
Median Household Income
$95,016
Median Earnings
$1,178,600
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Retail in West region
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Frequently Asked Questions
What type of property is this?
Conventional restaurant - Includes a bar, wine cellar, dining rooms, patio bar, and restaurant equipment.
Where is this conventional restaurant located?
The property is located at 10434 East Jomax Road Scottsdale, AZ.
What is the asking price?
The asking price for this property is $1,750,000.
What are key features of this property?
This property features: Outdoor patio with a dedicated bar area; Interior bar and dedicated wine cellar; Multiple dining rooms for restaurant service
