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1515 W Deer Valley Rd Phoenix, AZ 85027

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For Sale
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Restaurant property with established tenant and strong location.

Property size:
2,640 SF

Property Features for 1515 W Deer Valley Rd

General Information

Standard status
Active
Size
2,640 SF

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Listing Contact
Preston Brimhall
Source: Crexi

Listing Agency: Basis Commercial Listing Agent: Preston Brimhall

Displayed information is deemed reliable but is not guaranteed and should be independently verified.

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Overview

Phoenix Restaurant Investment Opportunity

This commercial property is located in Phoenix, Arizona. The property is currently occupied by 'Pork on a Fork', operating under a month-to-month lease at $6,195 per month on a modified gross basis. As part of the sale, the tenant is expected to sign a new 5-year NNN lease at the same monthly rate, with a 5-year renewal option, establishing a pro forma 7.3% cap rate at the close of escrow. The lease includes 3% annual increases. The tenant has operated at this location since 2010, building a loyal customer base in the Deer Valley area through catering for special events and parties, as well as sauce and rub sales. The Deer Valley industrial market in Phoenix is characterized by strong leasing and investment activity, low vacancy rates, strategic freeway access, and proximity to the growing semiconductor ecosystem. The property size is 2,640 square feet.
Location Intelligence

Current Use by Public Records

Direct Buy Blinds (Bike/Boat/Book/etc) Store Elida’s Imports Importer Prolimehost Data Center Apartments Resurfacing Kitchen & Bath Showroom Concept Z Performance Auto Parts Store

Suggested Use

Restaurant Real Estate Agency Law Firm Spa & Massage Center Dental Office Building Supply Hair Salon Big Box & Wholesale Store Auto Repair Shop Nail Salon

Zoning and permitted uses should be independently verified with local authorities.

Location Insight

  • Map
  • Local Demand
City
Phoenix
County
Maricopa
State
Arizona
Longitude
-112.09262
Latitude
33.683784

FAQs

What type of property is this?
Industrial property - Restaurant property with established tenant and strong location.
Where is this industrial property located?
The property is located at 1515 W Deer Valley Rd Phoenix, AZ.
What are key features of this property?
This property features: - Tenant to sign a new 5-year NNN lease at $6,195/Month with a 5-year option to renew at COE.; - Pro Forma 7.3% Cap Rate.; - Tenant 'Pork on a Fork' has been in business at this location since 2010 with a loyal customer base.
More about this property
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