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    720 Highland Ave Phoenix, AZ 85013

    Sponsored
    For Lease
    Contact for pricing

    200 sq ft Ghost Kitchen - Ready to Lease

    Lot size:
    200 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional 200-square-foot commercial kitchen space, located at 720 W Highland Ave, Phoenix, AZ 85013, in Maricopa County, presents a fantastic opportunity for food entrepreneurs. Classified as a Class B property, this retail/restaurant space is currently entirely vacant and ready for immediate occupancy. The kitchen is perfect for a variety of food-related businesses, including ghost kitchens, catering companies, food trucks, or startups seeking a cost-effective entry into the market. The multiple tenancy structure allows for flexibility and potential for shared resources. This turnkey solution offers a significant advantage for businesses looking to minimize upfront investment and maximize operational efficiency. The property's location in Phoenix provides access to a large and diverse customer base, ideal for delivery services and catering operations. With its convenient location and readily available space, this kitchen is poised to become a thriving hub for culinary innovation. The 200 square feet provides ample space for efficient food preparation and storage. This is an excellent opportunity to establish a profitable food business with minimal overhead. The property is situated in a vibrant area of Phoenix, offering easy access to major transportation routes and a strong local customer base. Don't miss this chance to secure your place in the thriving Phoenix food scene.

    Property Features for 720 Highland Ave

    General Information

    Property type
    Restaurants
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    200 SF
    Class
    B

    Unit(s) available at that property

    Space
    Available Space
    Size
    200 SF

    HighLights

    • 200 sq ft Class B commercial kitchen space available for immediate occupancy at 720 W Highland Ave, Phoenix, AZ 85013.
    • Turnkey solution minimizing upfront investment and maximizing operational efficiency.
    • Located in a high‑demand delivery zone, ideal for ghost kitchens, catering, and food trucks.
    • Order management tablets included.
    • Excellent opportunity for restaurant expansion.
    Property Profile Location Intelligence

    Current Use by Public Records

    Johnny's Wok & Boba Takeout Restaurant J&A catering Catering Food And Drink Supplier Egg Joy Restaurant Super Salad Restaurant Wicked Wich Restaurant

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Auto Repair Shop

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

    Location Insight

    • Map
    • Local Demand
    City
    Phoenix
    County
    Maricopa
    State
    Arizona
    Longitude
    -112.0837327
    Latitude
    33.506052

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    FAQs

    What type of property is this?
    Restaurant - 200 sq ft Ghost Kitchen - Ready to Lease
    Where is this restaurant located?
    The property is located at 720 Highland Ave Phoenix, AZ.
    What are key features of this property?
    This property features: 200 sq ft Class B commercial kitchen space available for immediate occupancy at 720 W Highland Ave, Phoenix, AZ 85013.; Turnkey solution minimizing upfront investment and maximizing operational efficiency.; Located in a high-demand delivery zone, ideal for ghost kitchens, catering, and food trucks.
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    720 Highland Ave Phoenix, AZ 85013
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    Phoenix, AZ 85013
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    720 Highland Ave Phoenix, AZ 85013
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