Luxury Restaurant for Lease | Landmark Corner | Proven $2.4M Sales

PHOENIX, Arizona

Asking Price $0 Year Established 2017
Annual Revenue $2,400,000 Reason for Selling Other  
Annual P/L Attention Mike Smith
Annual Cash Flow $0 Listing Number 1012625  
# of Employees 38 Business Category Food & Beverage: Restaurants, Fast Food, Deli

Business Overview:

Exceptional Restaurant for Lease opportunity located at one of the busiest and most recognizable intersections in Arizona. This is not a second-generation fast-food location or outdated restaurant shell. This is a truly stunning hospitality space with an extraordinary level of buildout, visibility, infrastructure, and presence that would be extremely difficult and expensive to recreate today.
Positioned on a marquee hard corner with exceptional traffic counts, affluent demographics, and incredible visibility, this approximately 3,984 square foot Restaurant for Lease was built to impress from the moment guests walk through the door. The space features soaring ceilings, dramatic architecture, upscale finishes, an incredible centerpiece wine display, expansive dining areas, full-service bar, premium seating, open kitchen design, extensive refrigeration, walk-in coolers, prep areas, and a stunning 8-foot open-hearth pizza oven anchoring the kitchen.
Under active ownership and management, this location offered by We Sell Restaurants previously generated annual sales exceeding $2.4 million, clearly demonstrating the strength of the site, infrastructure, and trade area. Ownership is now focusing its efforts on expanding its growing franchise operations, creating a rare opportunity for the next operator to step into this exceptional location.
Current all-in monthly rent is approximately $25,565. The current lease term runs through early 2027 and includes two additional five-year renewal options, subject to landlord approval.
This Restaurant for Lease opportunity is intended for experienced, well-capitalized, and highly qualified restaurant operators only. Ownership groups, franchise operators, and established hospitality concepts with previous restaurant operating experience are strongly encouraged to inquire. Proof of restaurant experience, financial capability, and liquidity sufficient to satisfy landlord security deposit and qualification requirements may be required prior to tours or landlord discussions.
If you are an experienced operator searching for a premium Restaurant for Lease without spending millions in construction costs, delays, permits, and buildout expenses, this may be one of the strongest opportunities currently available in the Arizona market.
Qualified Operators Only - Proof of Funds Required Prior to Release of Confidential Information. Please do not speak with staff, ownership, neighboring tenants, or anyone associated with the business.
Contact We Sell Restaurants today to learn more.
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Property Features and Assets:

Waiting Area
1 Hostess station
2 High top chairs
2 Gray cloth couches
3 Orange lounge chairs
1 Wooden coffee table
1 Wooden bench
Dining & Bar
8 5ft wooden tables
4 4 top booths w/ tables
8 Metal chairs
3 4 top booths w/ tables
4 6 top booths w/ tables
21 High top blue leather bar stools
2 Two top booths w/ table
2 50? SAMSUNG TVs
1 SS hand sink

1 TRUE 2 door refrigerator/ kegerator w/ 6 tap tower
1 TRUE 3 door glass refrigerator
1 SS jockey box
1 10ft liquor/glassware rack
Kitchen
1 BEVERAGE AIR 2 door sandwich prep
1 TURBO CHEF conveyer over
4 TURBO AIR two door refrigerators
1 WOOD STONE wood fire pizza oven
3 TURBO AIR 3 door pizza/sandwich preps
2 ROYAL deep fryers
1 CPG 6 burner w/ flat top & 2 convection ovens
1 8ft HOOD MART hood w/ ansel
1 TURBO AIR single door sandwich prep
1 8ft SS table w/ heat lamps
1 SS ice box
3 SS hand sinks
1 SS pot sink
1 SS 3 compartment sink


1 20x 12 walk in refrigerator w 3 glass display doors
1 3x8 walk in refrigerator

Market Competition and Expansion:

This restaurant benefits from the area's high traffic and affluent customer base, providing a thriving market for upscale dining experiences. This location's vibrant culinary scene and strong local demand create ample opportunities for attracting discerning patrons.

Additional Details:

  • The property is Leased.
  • This is not homebased business opportunity.
  • This is not a franchise resale opportunity

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