Property Listing No Longer Available for Sale

Mexican Restaurant - Quick Serve

Phoenix, AZ

Retail for Sale - $165,000 - 2,800 Sq. Ft.


Property Info

CIMLS#753917
Location
  Mexican Restaurant - Quick Serve
  Phoenix AZ 85004
UpdatedMarch 30th, 2015
TypeRetail
Price$165,000
Building2,800 Sq. Ft.

Property Description

* JOIN Safeway anchored retail center with H&R Block, Starbucks, UPS Store and several other NATIONAL TENANTS in this busy Anchored center.

* Established Mexican restaurant with long-term employee's.

* Located on one of the business intersections near downtown Phoenix.

* High daytime population of Hospitals, Schools, Colleges, Offices and shoppers

* Retail Center has more National Tenants than not.

Location Description:

Excellent visibility from NW corner to one of the busiest intersections in Pheonix

Major Hospitals, Schools, and businesses in the neighborhood.

Quick serve Mexican Food restaurant has been in this location for 20 years

Located in strip center with several National Tenants

Highlights:

>> Confidential Business Sale of 20yr est. Mexican QSR Restaurant

>> NDA required prior to releasing name or financials

>> 2014 Gross Income $479,000 and cash flow of $89,000

>> This restaurant is the ONLY business that is NOT a National Tenant in this very busy intersection with traffic counts of 54k and 38k respectively


Financials

Sales Info:

>> Commision split: 3.0%