Restaurant Building with
7000 E Main St, Mesa, AZ 85207
For Sale
$1,817,200
Food-service improvements include a service bar, cold storage, and separate indoor and outdoor gathering areas.
Property Size6,608 SF
Lot Size1.10 Acres
Price / SF$275
Days on Market184
Property Features for 7000 E Main St
General Information
Standard status
Size
Lot size
Property subtype
Site & Location
Pylon Signage
Highway Access
Road Access
Additional Details
Patio
Amenities
built-out bar area
multiple walk-in coolers
food prep space
indoor and outdoor patio areas
conference/event space
updated lighting
abundant storage
monument signage
Building Details
Year Built
Buildings
Listing Agency:
Bellagio Real Estate
Listed By:
Shannon Ann Hall · License #BR117465000
Source:
Findyourphoenixazhome
Added: May 10
Changed: Nov 8
Last Checked: Nov 8 at 6:48AM
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 Bellagio Real Estate
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Investment Insights
Based on property information with market context.
The freestanding restaurant property occupies approximately 1.1 acres and dates to 1977. Existing improvements include a bar, multiple walk-in coolers, food preparation space, storage, and conference or event areas. Indoor and outdoor patio space is also present, along with updated lighting and monument signage.
The property is located on E Main St in Mesa, with on-site parking and access to major roads and freeways. Its existing restaurant features include food preparation areas and walk-in refrigeration.
The property is located on E Main St in Mesa, with on-site parking and access to major roads and freeways. Its existing restaurant features include food preparation areas and walk-in refrigeration.
Key Highlights
- Freestanding restaurant property on approximately 1.1 acres
- Bar area, food prep space, and multiple walk‑in coolers
- Indoor and outdoor patio areas
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$80,198
Cap Rate
4.41%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,603,960
$1.6M
Cap Rate 7%
$1,145,686
$1.1M
Cap Rate 9%
$891,089
$891.1K
Market Conditions
NOI Build-Up for 6,608 SF
Gross rent
$115.0K $17.40/SF
− Vacancy
−$8.0K −$1.22/SF
EGI
$106.9K $16.18/SF
− OpEx
−$26.7K −$4.05/SF
NOI
$80.2K $12.14/SF
Area
ZIP 85207
Vacancy
7.00%
Lease Rate
$17.40 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,603,960
Cap Rate 7%
$1,145,686
Cap Rate 9%
$891,089
Alternative Uses
Best Use
Specialty Retail
$1.15M
$1.00M – $1.34M
NOI $80,198 @ 7.0% cap · market cap 4.41%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$1.66M
$1.45M – $1.94M
NOI $116,327 @ 7.0% cap · market cap 6.40%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Current Use
Lease Details
Yes
Highway access
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
1,189
Businesses Nearby
136k
Monthly Visits Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 66%
Dining 31%
Home Improvements & Furnishings 3%
QuikTrip
Shops & Services
37,249 visits/mo
0.4 miles
Dollar Tree
Shops & Services
18,719 visits/mo
0.2 miles
Salad and Go
Dining
7,884 visits/mo
0.5 miles
Taco Bell
Dining
7,842 visits/mo
0.4 miles
Chase Bank
Shops & Services
7,458 visits/mo
0.1 miles
Demographics for 85207, AZ
50,108
Population
22,747
Households
2.2
Avg Household Size
45
Median Age
36%
College-Educated
92%
High-School Grad
29.4 sq mi
ZIP Area
1,704
Density / Sq Mi
$99,439
Median Household Income
$50,509
Median Earnings
$1,595
Median Rent
$460,800
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Average Price Trend$/SF for Conventional restaurants in Maricopa County, AZ
Properties on Market for Conventional restaurants in Maricopa County
Vacancy Rate% for Retail in West region
Frequently Asked Questions
What type of property is this?
Conventional restaurant - Food-service improvements include a service bar, cold storage, and separate indoor and outdoor gathering areas.
Where is this conventional restaurant located?
The property is located at 7000 E Main St Mesa, AZ.
What is the asking price?
The asking price for this property is $1,817,200.
What are key features of this property?
This property features: Freestanding restaurant property on approximately 1.1 acres; Bar area, food prep space, and multiple walk‑in coolers; Indoor and outdoor patio areas
