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    Retail properties & Spaces

    0 Incredible Scottsdale Restaurant & Bar For Sale! Prime Location!, Scottsdale, AZ 85251

    2,800 SF Built 2018
    Property ID
    Property summary
    AI-generated overview

    This exceptional Scottsdale restaurant and bar presents a lucrative turnkey opportunity. Boasting 2,800 square feet of space, including a vibrant patio, this established business generated $1,433,432 in gross revenue and $438,799 in cash flow in the past year. The asking price is $950,000, excluding inventory. The property is leased, with a monthly rent of $9,200, and a lease expiration date of April 30, 2029. The fully equipped kitchen includes a sushi bar, extensive bar equipment, and a walk-in refrigerator and freezer. The dining area comfortably seats 65 guests, and the patio features additional seating. Established in 2018, the restaurant employs eight people and benefits from a high-traffic location with over 50,000 cars passing daily. The sale includes valuable memorabilia. Two weeks of training and support are provided to ensure a smooth transition. This is an exceptional opportunity for an experienced restaurateur seeking a profitable, established business in a prime Scottsdale location. The seller is retiring, presenting a unique chance to acquire a well-regarded and successful establishment. The lease terms are for five years, ending in 2029.

    Property profile
    Verified
    Property type Retail properties & Spaces
    Year built 2018
    Total area 2,800 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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