650 Scottsdale Rd, Tempe, AZ 85288-2027
This exceptional 5,037 square foot restaurant space presents a unique opportunity for a discerning operator seeking a high-visibility location in the heart of Scottsdale. Located at 650 N Scottsdale Road, this single-tenant property boasts prime frontage on a major thoroughfare, experiencing exceptionally high daily traffic volume. With 45,838 vehicles passing daily on Scottsdale Road and an additional 236,477 vehicles on the nearby Loop 202 freeway, this location ensures maximum exposure to potential customers. The property is a former restaurant, offering a ready-to-customize space, eliminating the need for extensive build-out. The building's strategic position within a dense employment area further enhances its appeal. A substantial daytime workforce of 286,712 employees within a five-mile radius provides a large and readily accessible customer base. This turnkey opportunity combines high visibility, significant traffic counts, and a strong local workforce, making it an ideal location for a thriving restaurant business. The entire 5,037 square feet is currently vacant and available for immediate occupancy. The property is situated in Maricopa County. This is a rare chance to establish a successful restaurant in a highly desirable and well-trafficked area of Scottsdale.
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Macayo’s Mexican Food Restaurant
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
No recorded transactions found for this property.
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.