10434 Jomax Rd 101 Scottsdale, AZ 85262-6064
Property summary
This exceptional Class A, 4,662 square foot restaurant is available for $1,750,000. Located at 10434 E Jomax Road in Scottsdale, Arizona's 85262 zip code, this turnkey operation sits on a 6,000 square foot lot and boasts a desirable C-2 zoning. Built in 2005, the property features a grand bar area, an exquisite temperature-controlled wine cellar, and inviting dining rooms. An outdoor patio with its own bar provides additional seating, perfect for enjoying the pleasant Scottsdale weather. All equipment, appliances, small wares, and cookware are included in the asking price of $375.38 per square foot. This NNN-leased, vacant property is an owner/user investment opportunity situated in prestigious North Scottsdale, surrounded by renowned golf courses and a high net worth population. The area is experiencing significant growth, with 256 new homes currently under construction. The median home price exceeds $1.1 million, and the average household income is $163,000, indicating a strong and affluent customer base. This location offers a unique blend of luxury and natural beauty, providing an unparalleled dining experience in a serene desert setting, just beyond the city's bustling core. This is a rare opportunity to acquire a fully operational, high-quality restaurant in one of Scottsdale's most desirable neighborhoods.
Property profile
VerifiedCap rate & NOI
Value estimations
Owner & transaction history
Zoning & alternative use
R) • None required when abutting an alley • Minimum 15-foot wide landscape buffer abutting a Residential District (except the R-5 district). Regional Shopping Center (C-S) Neighborhood Commercial (C-1) Central Business (…
Comparables
6 recent transactions · within 1.5 miComparable in this City
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Value estimation
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from $99/month
Cap rate
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Property tax & assessments
Tax year 2023Property description
Physical attributes from public recordsZoning & alternative use
C-2 · Scottsdale, AZR) • None required when abutting an alley • Minimum 15-foot wide landscape buffer abutting a Residential District (except the R-5 district). Regional Shopping Center (C-S) Neighborhood Commercial (C-1) Central Business (…
Zoning
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Zoning designation
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The district profile from the municipal source: what is on file for C-2 in Scottsdale, AZ.
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