10434 Jomax Rd 101, Scottsdale, AZ 85262-6064
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.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
C-2 · Scottsdale, AZScottsdale. Always verify with local authorities before improvements.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.