Property profile

2820 N 75Th Ave Phoenix, AZ 85035

FOR LEASE
Turn key restaurants
Property ID
US07-2934151
6,132 SF 1.21 ac lot Built 1999
Entity Owned ~ Est. High Equity
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Property summary

AI-generated overview

This exceptional 6,207 square foot retail or restaurant space is available for lease in Phoenix, Arizona. Located at 2820 N 75th Ave, in Maricopa County, this single-tenant property presents a unique opportunity for businesses seeking a prominent location. The entire 6,207 square feet is currently vacant, offering a blank canvas for a new tenant to customize the space to their specific needs. The property's classification as both retail and restaurant suitable makes it highly versatile, catering to a wide range of potential uses. Its location in Phoenix, AZ, zip code 85035, provides excellent access to a substantial customer base. The property is categorized as commercial real estate and offers a significant footprint for businesses requiring ample space. This is a single-tenant occupancy, ensuring exclusive use of the entire building. Interested parties are encouraged to inquire further to explore the possibilities this prime location offers. The property is ready for immediate occupancy, allowing for a swift and efficient start to operations. Detailed specifications and lease terms are available upon request. This is an excellent opportunity to establish a thriving business in a high-traffic area of Phoenix.

Property profile

Verified
Property type Turn key restaurants
Use group RESTAURANT
Year built 1999
Construction STEEL FRAME
Total area 6,132 SF
Lot 1.21 ac (52,555 SF)
Zoning code C-R
APN 102-38-017A
UPID US07-2934151

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Sports School Gym & Fitness Center
  • Restaurant

Location

2820 N 75Th Ave Phoenix, AZ 85035
Phoenix metro Census 112523 PHOENIX-MESA-SCOTTSDALE, AZ METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$3.36M
Blend (final) Blend
$3.14M

Owner & transaction history

since 2025
Last sale
$3.0M
7 recorded transactions
2025
$3.0M
2016
$3.1M
2013
$2.2M
2013
$7.9M
2012
Price N/A
2008
$1.3M
2007
Price N/A

Zoning & alternative use

C-R · Phoenix, AZ
Top alternative use upside
Commercial (general) $4.3M +30.4%

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
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