3502 W Greenway Rd, Phoenix, AZ 85053
For Lease
1 / 5
This thriving beauty salon in Phoenix, Arizona, presents a fantastic owner-user or hands-off investment opportunity. Located at 3502 W Greenway Rd, 85053, this 1,200 square foot space boasts five hair stylist stations and one nail technician station. The business is established in a prime Northwest Valley location with a strong track record. Currently operating under a leasehold ownership structure, the asking price is $15,000. The current lease is a 5-year NNN (Triple Net) lease with a remaining term of 5 years. The monthly rent is $1200, with additional NNN expenses of $532 per month. The landlord has indicated a willingness to extend the lease for another three to five years to a qualified tenant. Lease terms are negotiable. The price per square foot is $20.83. This is a walk-by-only opportunity; please do not disturb business operations. This asset sale is ideal for an owner-operator seeking an established business or an investor looking for a hands-off approach with a manager already in place. The property is situated in Maricopa County.
-
Otto's Diner Restaurant
-
Amherst Animal Clinic Veterinary Clinic
-
Green Way SMokes (Bike/Boat/Book/etc) Store
-
Mr. Sweets Pastries Bakery Specialty Food Shop
-
All Styles Salon Hair & Nails Hair Salon
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 · Phoenix, AZPhoenix. 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.