16729 Palisades Blvd Fountain Hills, AZ 85268

This exceptional investment opportunity presents a thriving 4,180 square foot restaurant located at 16729 E Palisades Blvd, Fountain Hills, Arizona, 85268. The property, built in 2012, boasts a strong 5.16% cap rate and a substantial net operating income (NOI) of $46,378.76, reflecting a 100% occupancy rate. The single-story building sits on a 6,000 square foot lot and is zoned C-C, allowing for continued restaurant operations or potential redevelopment within the permitted zoning. The property features attractive architectural details including high ceilings and large windows, creating a bright and inviting atmosphere. An open floor plan provides flexibility for various restaurant configurations. Ample parking is available, with 8.37 spaces per 1,000 square feet, ensuring convenient access for patrons. This owner/user investment opportunity is situated in a prime location within the heart of Fountain Hills, offering excellent visibility and accessibility. The property's strong financial performance, desirable location, and versatile layout make it an ideal acquisition for both seasoned investors and owner-operators seeking a profitable and established business. The property's APN is 176-05-179. This is a modified lease, multi-tenancy property classified as Class C retail.