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Established Restaurant in Prime Location
For Sale
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2303 N 44th St, Phoenix, AZ 85008

Turnkey restaurant opportunity in Phoenix with flexible cuisine options.

Property Size1,200 SF
Price / SF$108.33
Days on Market193

Property Features for 2303 N 44th St

General Information

Standard status Active
Size 1,200 SF
Class A
Property subtype Business for Sale, Retail

Building Details

Units 3
Listing Agency: Six Zero Two Real Estate Group LLC
Listed By: James Park · License #BR656994000
Source: Crexi
Added: Feb 9 Changed: Aug 19 Last Checked: Aug 20 at 8:19AM

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 Six Zero Two Real Estate Group LLC

Investment Insights

Based on property information with market context.

Located in Phoenix, Arizona, Pho Arcadia presents an opportunity for restaurateurs. The restaurant occupies a 1,200-square-foot space. The current lease has a rate of $31.83 NNN ($6.50) and extends for 8 years, with two additional 5-year options available. While currently operating as a Vietnamese restaurant, the landlord is open to new culinary concepts with permission. The buyer will pay an amount equal to the last month’s rent, including NNN and tax, directly to the seller, ensuring a seamless transition into ownership. This is an opportunity to become part of a thriving community. With its established reputation and prime location, Pho Arcadia is ready for a new owner to take it to the next level. Whether you want to continue serving beloved Vietnamese dishes or introduce a new culinary experience, the possibilities are endless.

Key Highlights

  • Prime Location in a bustling Phoenix, Arizona area
  • Affordable and Stable Lease: $31.83 NNN ($6.50) with 8 years remaining
  • Flexible Cuisine Options available with landlord permission

Property Analytics

Current Use

Phoenix Appliances Repair ... Home Appliance Store Imperial Tile & Marble ... General Contractor Next Era Electric, ... Electrical Service Philip Dean Photography Wedding Service visionquest 20 20 Charitable Organization

Suggested Use

Top Pick Building Supply Real Estate Agency Hair Salon Auto Parts Store Big Box & Wholesale Store Spa & Massage Center

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

1,376
Businesses Nearby
Under-served
Demand for This Use

Demographics for 85008, AZ

59,047
Population
24,508
Households
2.4
Avg Household Size
30
Median Age
24%
College-Educated
75%
High-School Grad
10.2 sq mi
ZIP Area
5,789
Density / Sq Mi
$61,369
Median Household Income
$36,969
Median Earnings
$1,300
Median Rent
$323,600
Median Home Value

Market

Vacancy Rate% for Retail in Phoenix, AZ

8.5% 2019
8.7% 2020
7.4% 2021
5.6% 2022
5.1% 2023
5.4% 2024
5.3% 2025
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Frequently Asked Questions

What type of property is this?
Conventional restaurant - Turnkey restaurant opportunity in Phoenix with flexible cuisine options.
Where is this conventional restaurant located?
The property is located at 2303 N 44th St Phoenix, AZ.
What is the asking price?
The asking price for this property is $130,000.
What are key features of this property?
This property features: Prime Location in a bustling Phoenix, Arizona area; Affordable and Stable Lease: $31.83 NNN ($6.50) with 8 years remaining; Flexible Cuisine Options available with landlord permission
More about this property
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