25728 Power RdQueen Creek, AZ 85142

Exceptional opportunity to acquire a thriving, free-standing restaurant in Queen Creek, Arizona. Priced at $2,500,000, this turnkey operation includes the building, land, fixtures, furniture, and equipment (FF&E), and the existing business. The property boasts a substantial 39,637 square foot lot with 2,853 square feet of gross leasable area. The restaurant features multiple indoor seating areas, a fully equipped kitchen with two exhaust hoods, a charming balcony offering scenic views, and ample outdoor seating. Additional amenities include a dedicated bar area, outdoor pavilions, and a fenced parking lot accommodating 55 vehicles. Located on busy Power Road, this high-visibility property benefits from minimal city taxes and offers significant potential for dual income streams by operating as an event center, capitalizing on the large outdoor space and existing infrastructure. Built in 2006, the single-story building sits on a lot zoned for general commercial and multi-family use. The property is conveniently situated near Santan Valley and Mesa/Gilbert, serving a population of approximately 83,700 residents in Queen Creek. Occupancy is available September 29, 2024. This is a rare opportunity to own a well-established restaurant with significant expansion potential in a rapidly growing area. The property's APN is 304-88-086-S. Rent bumps are permitted.