Freestanding Restaurant with Full
For Sale
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2827 East Bell Road, Phoenix, AZ 85032
Freestanding, fully equipped restaurant and full-bar on a C-2 hard corner fronting Bell Road, ready to operate.
Property Size3,110 SF
Lot Size0.30 Acres
Price / SF$482.32
Days on Market19
Property Features for 2827 East Bell Road
General Information
Standard status
Active
Size
3,110 SF
Total Parking Spaces
21
Lot size
0.30 Acres
Property subtype
Retail
Zoning
Intermediate Commercial (C-2)
Lease Type
NNN
Net Operating Income
$115,000
Financials
Asking Price
$1,500,000
Cap Rate
7.7%
Additional Details
Furnished
Yes
Road Access
Yes
Equipment Included
Yes
Building Details
Year Built
2003
Buildings
1
Stories
2
Listing Agency:
HUB Commercial
Listed By:
Eddy Roche · License #BR579487000
Source:
Crexi
Added: Jul 22
Changed: Aug 8
Last Checked: Aug 8 at 12:24PM
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 HUB Commercial
Investment Insights
Based on property information with market context.
This fully equipped, freestanding restaurant and full-bar building offers a complete operating setup with furniture, fixtures, and equipment included. The property totals 3,110 SF and is set on a 13,265 SF C-2 hard corner lot fronting Bell Road.
The restaurant is offered ready to operate, whether operated by an owner or leased to a tenant. The provided income information references a triple-net basis and an indicated ~7.7% capitalization rate versus a 6.55%–7.00% market range. An independent USPAP-compliant MAI appraisal by Michael Turner, MAI was effective October 21, 2024, reflecting an “as-is” value inclusive of all FF&E. That appraisal is roughly 20.5 months old and reaches two years in October 2026.
Built in 2003, the building’s size and hard-corner retail posture on a C-2 site are key considerations for restaurant and full-bar operators seeking a plug-and-play facility.
The restaurant is offered ready to operate, whether operated by an owner or leased to a tenant. The provided income information references a triple-net basis and an indicated ~7.7% capitalization rate versus a 6.55%–7.00% market range. An independent USPAP-compliant MAI appraisal by Michael Turner, MAI was effective October 21, 2024, reflecting an “as-is” value inclusive of all FF&E. That appraisal is roughly 20.5 months old and reaches two years in October 2026.
Built in 2003, the building’s size and hard-corner retail posture on a C-2 site are key considerations for restaurant and full-bar operators seeking a plug-and-play facility.
Key Highlights
- 3,110 SF freestanding restaurant and full‑bar building
- 13,265 SF C‑2 hard corner lot fronting Bell Road
- Fully equipped; furniture, fixtures, and equipment included
Property Analytics
Current Use
Lease Details
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
1,154
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Demographics for 85032, AZ
68,710
Population
30,386
Households
2.3
Avg Household Size
38
Median Age
34%
College-Educated
89%
High-School Grad
12.4 sq mi
ZIP Area
5,541
Density / Sq Mi
$74,331
Median Household Income
$44,790
Median Earnings
$1,492
Median Rent
$387,900
Median Home Value
Market
Vacancy Rate% for Retail in Phoenix, AZ
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Conventional restaurant - Freestanding, fully equipped restaurant and full-bar on a C-2 hard corner fronting Bell Road, ready to operate.
Where is this conventional restaurant located?
The property is located at 2827 East Bell Road Phoenix, AZ.
What is the asking price?
The asking price for this property is $1,500,000.
What are key features of this property?
This property features: 3,110 SF freestanding restaurant and full‑bar building; 13,265 SF C‑2 hard corner lot fronting Bell Road; Fully equipped; furniture, fixtures, and equipment included
