450 W Indian School Rd Phoenix, AZ 85013
For Sale
This exceptional 1,680 square foot restaurant space is ideally situated in the heart of downtown Phoenix, Arizona, at 450 W Indian School Rd, zip code 85013. The property benefits from its proximity to major office centers and a rapidly expanding residential population, ensuring a robust customer base. Its location near St. Joe's Medical Center further enhances its appeal to a diverse clientele. The surrounding area is experiencing significant revitalization, with numerous luxury residential and mixed-use developments underway. This prime location offers unparalleled access to a thriving community. The property's strategic position also places it within minutes of the health sciences campus of Creighton University, ASU Downtown Campus, and the UofA Biomedical Campus, providing a consistent flow of potential customers. This presents a unique opportunity for a restaurant operator to establish a thriving business in a dynamic and rapidly growing area of Phoenix. The property is classified as retail, with a restaurant subtype. The address is specifically 450 W Indian School Rd, Phoenix, Maricopa County, Arizona.
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-N · Phoenix, AZCosts & 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.