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Property profile & analytics
OFF-MARKET
Retail properties & Spaces

16th St & Mcdowell Rd Phoenix, AZ 85016

1,890 SF Built 1988
Property ID
Property summary
AI-generated overview

This exceptional turnkey restaurant opportunity is located in a high-traffic area of Phoenix, Arizona, at the intersection of 16th Street and McDowell Road, zip code 85016. The property, identified by APN 116-21-012, boasts a spacious 1,890 square foot interior, perfect for a variety of culinary concepts. Built in 1988, the property sits on a sizable 7,988 square foot lot and includes two buildings, offering potential for expansion or outdoor seating. The property is classified as retail, with a single tenancy, making it an ideal investment for a single owner-operator or a small restaurant group. Its prime location in Maricopa County ensures high visibility and accessibility for customers. The property's existing infrastructure provides a solid foundation for a new restaurant venture, minimizing initial setup costs and allowing for a swift transition into operation. This is a rare chance to acquire a well-situated, established restaurant space in a thriving Phoenix neighborhood. The property is being offered for sale and presents a compelling investment opportunity for those seeking to establish or expand their restaurant business in a dynamic market. The property's size and location make it suitable for a variety of restaurant concepts, from casual dining to fast-casual establishments. Serious inquiries are encouraged.

Property profile
Verified
Property type Retail properties & Spaces
Year built 1988
Total area 1,890 SF
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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