14815 Shea Blvd Fountain Hills, AZ 85268-5998
- Strip malls
- 4,450 SF
- 1.10 lot acres
Feb 02, 2025
Current Use by Public Records
- Strip malls
Property Details for 14815 Shea Blvd
- Year built
- 2002
- Construction
- CONCRETE
- Lot size
- 1.10 lot acres
- Property size
- 4,450 SF
- Zone code
- C-1
- Property type
- Strip malls
- Property subtype
- Neighborhood centers
- APN
- 217-72-098
- APU
- 21772098
Description
This exceptional Class A retail property, located at 14815 E Shea Blvd in Fountain Hills, Arizona, presents a unique investment opportunity. Currently vacant, this 4,450 square-foot restaurant space, formerly known as VU Bistro, boasts a prime location within the Eagle Mountain Village Marketplace. The single-story building, constructed in 2002, sits on a 1.1-acre lot and offers 100 parking spaces, catering to ample customer convenience. The property features high ceilings, floor-to-ceiling windows, a full-service kitchen, and a wraparound bar. A large outdoor patio provides breathtaking 180-degree views of the desert landscape, Superstition Mountains, and the Eagle Mountain golf course. The C-1 zoning allows for diverse commercial uses. The asking price is $3,000,000, translating to $674.16 per square foot. This owner-user opportunity is ideal for a discerning buyer seeking a high-profile location in a thriving community with affluent demographics. The property's proximity to Scottsdale and Phoenix airports (within 30 minutes) and easy access to Mesa and the East Valley via the Beeline Highway further enhance its appeal. The property is available for occupancy on June 30, 2023, and is suitable for a 1031 exchange. The APN is 217-72-098.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Fountain Hills
- County
- Maricopa
- State
- Arizona
- Longitude
- -111.762
- Latitude
- 33.5782
- CBSA code
- 38060
- CBSA name
- PHOENIX-MESA-SCOTTSDALE, AZ METROPOLITAN STATISTICAL AREA