14815 Shea Blvd Fountain Hills, AZ 85268-5998
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.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2022Comparables
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-1 · Fountain Hills, AZFountain Hills. 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.