2030 E Elliot Rd - Restaurant FOR SALE


Tempe, AZ 85284- South Tempe
$3,750,000 USD
408-359-7070
2030 E Elliot Rd, Tempe, AZ for Sale
$3,750,000 USD
Restaurant - FOR SALE
1/11
null | 5.31% Cap Rate

2030 E Elliot Rd
Tempe, AZ 85284
South Tempe


HIGHLIGHTS

  • Prime Drive-Thru Restaurant Property for Sale – 4,316 SF Building with 2,316 SF Leased to Black Rock Coffee
  • 10-Year NNN Lease + Multiple Renewal Options with 10% Rental Increases Every 5 Years

OVERVIEW

Property Overview This is a unique opportunity to acquire a 4,316 SF freestanding building, fully equipped with an operational drive-thru—ideal for a fast food or quick-service restaurant. The property sits at a prime corner location within Discovery Business Campus, benefiting from high visibility and heavy traffic flow. Nearby national tenants include Chipotle, MOD Pizza, and Smashburger, ensuring a robust customer base. In addition, 2,316 SF of the space is currently leased to Black Rock Coffee, with a solid 10-year NNN lease in place. Property Highlights Additional Storage: 1,412 SF detached warehouse Drive-Thru: Fully operational, ready for use Traffic Count: 33,666 vehicles/day on E. Elliot Rd. (as of 10/30/2019) Former Kneaders Bakery & Café | High-Visibility Corner Location in Discovery Business Campus This property offers great potential for continued success in a high-traffic area with strong neighboring tenants.

FOR SALE DETAILS

PRICE

$3,750,000 USD

PRICE/SF

$869 USD /SF

CAP RATE

5.31%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Restaurant

ADD'L SUBTYPES

Fast Food, Warehouse, Medical

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2015

SPRINKLERS

-

PARKING SPACES

46

LAND DETAILS

LAND ACRES

1.03 AC

LAND SF

44,867 SF

ZONING

Industrial

APN/PARCEL ID

301-49-822

ASK ABOUT THIS PROPERTY

Moon ChoeBlue Moon RealtyMore Info
408-359-7070

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Moon ChoeBlue Moon RealtyMore Info
408-359-7070

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.