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Scottsdale Restaurants for Sale
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Restaurants For Sale in Scottsdale
Located in the eastern part of Maricopa County and a part of the Phoenix metropolitan area, Scottsdale offers opportunities for CRE investments, especially in the restaurant industry. Its infrastructure, which includes the Scottsdale Municipal Airport and the Loop 101 freeway, supports an economy focused on tourism, retail, and healthcare. The presence of notable public school systems such as the Scottsdale Unified School District and the Paradise Valley Unified School District, as well as Scottsdale Community College, contributes to a skilled workforce. The city’s location, with proximity to Phoenix, the Tonto National Forest, the McDowell Mountains, and the Salt River, makes it an attractive site for restaurant investments due to its scenic views and high living standards.
Restaurants for sale in Scottsdale attract buyers because of the city’s wealthy population and its popularity as a tourist destination. These businesses benefit from large shopping areas like Scottsdale Fashion Square, Kierland Commons, and the Scottsdale Quarter, which attract shoppers and potential diners. Moreover, Scottsdale’s real estate market offers a variety of CRE opportunities, including apartment buildings for both permanent residents and seasonal visitors, shopping centers that bring together local and international brands, and specialty properties and hotels that leverage the tourism industry. The real estate market here provides investors with diverse options catering to different investment preferences and strategies. If you already own property and are considering a "like-kind" property for a 1031 exchange, Scottsdale has properties that could suit your needs.
Learn About Restaurants For Sale in Scottsdale
How many restaurants for sale listings are available in Scottsdale?
Currently, there are 8 restaurants for sale listings available in Scottsdale.
What factors should I consider when searching for restaurants for sale in Scottsdale, AZ?
When looking for restaurants for sale in Scottsdale, AZ, it's important to evaluate the local economic landscape, the property's location and visibility, and the proximity to key infrastructure and amenities.
- Scottsdale's economy is robust, with a significant part of its workforce employed in the tourism sector, which directly supports the restaurant industry.
- The property's visibility and accessibility in busy areas like Old Town Scottsdale or near major shopping centers can attract more patrons.
- Being near key infrastructure such as Scottsdale Municipal Airport or major roads like State Route 101 can enhance customer access and supply deliveries.
How much does it cost to buy a restaurant in Scottsdale?
The cost to buy a restaurant in Scottsdale varies, with current listings impacting the overall pricing landscape. The average price per square foot for restaurants is $959, with an average size of 15,888 SF.
What is the largest restaurant available to buy in Scottsdale?
The largest restaurant for sale in Scottsdale spans 85,839 SF.
Size Summary For Scottsdale Restaurants
| Restaurant Size | Square Feet |
|---|---|
| Maximum | 85,839 SF |
| Average | 15,888 SF |
| Minimum | 900 SF |
Cap Rate for Scottsdale Restaurants
| Restaurant Cap Rate | Cap Rate Percentage |
|---|---|
| Maximum | 7.3% |
| Average | 5.7% |
| Minimum | 5% |
Prices for Scottsdale Restaurants
| Restaurant Price | Price Per SF |
|---|---|
| Maximum | $2,515 Per SF |
| Average | $959 Per SF |
| Minimum | $264 Per SF |
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