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New Drive-Thru Restaurant Opportunity
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420 East Southern Avenue, Phoenix, AZ 85040

Brand new, fully built-out drive-thru restaurant for sale.

Property Size2,083 SF
Days on Market337

Property Features for 420 East Southern Avenue

General Information

Standard status Active
Size 2,083 SF
Property subtype Retail

Site & Location

Neighborhood South Mountain

Building Details

Building Size 2,083 SF
Year Built 2025

Properties For Sale

at 420 East Southern Avenue
420 E SOUTHERN AVE
Size 2,083 SF
Type Restaurant
Term Negotiable
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Listing Agency: Western Retail Advisors, LLC
Listed By: Bryan Ledbetter · License #SA115322000
Source: W-retail
Added: Nov 25, 2025 Changed: Oct 25 Last Checked: Oct 28 at 5:36AM

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 Western Retail Advisors, LLC

Rey
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Investment Insights

Based on property information with market context.

This 2,083 SF drive-thru restaurant is available for sale, featuring a 196 SF covered patio area. The property is situated less than 1-mile south of South Mountain High School, which has approximately 2,211 students. It is also within a half-mile of ASU Prep South Phoenix, Roosevelt Elementary School, and Advance U Elementary School. El Reposo Park and the South Mountain Community Center are located within a half mile. The property is surrounded by national retailers, including McDonald’s, Domino’s, Harbor Freight Tools, CVS, Jack in The Box, and Ranch Market. The area has a dense demographic profile with approximately 331,307 residents in a 5-mile trade area with an AHHI of approximately $93,338. The property is located immediately west of South 7th Village, a new approximately 90-unit multifamily development completed in 2020, and is 1/4 mile East of the Light Rail South Central Extension. The property is zoned C-1 and has 16 parking spaces on approximately 0.79 acres. This location benefits from a steady flow of potential customers and offers excellent visibility and access, making it an ideal environment for a thriving business.

Key Highlights

  • Brand new, fully built‑out 2,083 SF drive‑thru restaurant space.
  • Prime location less than 1‑mile south of South Mountain High School.
  • Dense demographic profile with over 331,000 residents in a 5‑mile radius.

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Current Use

Drive through restaurants

Suggested Use

Top Pick Real Estate Agency Law Firm Skin Care Clinic HVAC Service Spa & Massage Center Gym & Fitness 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

615
Businesses Nearby

Demographics for 85040, AZ

33,993
Population
11,962
Households
2.8
Avg Household Size
30
Median Age
15%
College-Educated
69%
High-School Grad
10.1 sq mi
ZIP Area
3,366
Density / Sq Mi
$57,890
Median Household Income
$36,355
Median Earnings
$1,193
Median Rent
$294,800
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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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

Frequently Asked Questions

What type of property is this?
Drive through restaurant - Brand new, fully built-out drive-thru restaurant for sale.
Where is this drive through restaurant located?
The property is located at 420 East Southern Avenue Phoenix, AZ.
What are key features of this property?
This property features: Brand new, fully built‑out 2,083 SF drive‑thru restaurant space.; Prime location less than 1‑mile south of South Mountain High School.; Dense demographic profile with over 331,000 residents in a 5‑mile radius.
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