Current Use by Public Records
- Retail properties & Spaces
Property Details for 00000 Bell Rd
- Property type
- Retail properties & Spaces
- Property subtype
- Restaurants
Description
This turnkey restaurant opportunity in Scottsdale, Arizona presents a compelling investment. Located at 00000 Bell Rd, 85254, this 1,700 square foot, single-tenant retail space is currently operating as a successful pizzeria and Italian restaurant with a 5-year lease remaining. The property boasts a strong net operating income (NOI) of $155,000, resulting in a 65.96% cap rate, and is priced at $235,000 ($138.24/sq ft). The restaurant enjoys 100% occupancy and benefits from a prime location in a north Scottsdale strip plaza, offering high visibility and ample parking (12 spaces). The business model is primarily focused on takeout and delivery, accounting for 80% of sales, with a smaller dine-in area accommodating 20 seats. There are no rent bumps scheduled during the lease term and no tenant credit rating is required. This established business offers immediate revenue generation with minimal liabilities and low operational costs. The restaurant has a loyal customer base and serves a diverse menu of Italian favorites, including stone oven pizzas, wings, calzones, salads, subs, ravioli, lasagna, and linguini. This is an exceptional opportunity for an investor seeking a profitable, established business in a high-traffic area.
Value Estimations
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Scottsdale
- County
- Maricopa
- State
- Arizona
- Longitude
- -111.957
- Latitude
- 33.6068
