7111 E Thomas Rd

7111 E Thomas Rd, Scottsdale, AZ 85257

Property Information

  • For Sale $2,532,288
  • Property Type Retail
  • Property Size 4,224 SF
  • Lot Size 0.71 Acre
  • Year Built 1970
  • Date Updated Jan 23, 2025

Description

LEASED Single-Tenant Investment Opportunity:  Forno 301, an Italian eatery with authentic cuisine by two Sanremo natives, Roberto Dadone and Luca Dagliano.  Forno means “oven,” and this one is HOT!Two established, operational locations 10-year Double Net (NN) Lease, self-maintained by Tenant3% annual increases during the initial term, as well as the two (2), five (5) year option periodsHighly-coveted freestanding drive-thru building just outside of the Old Town Scottsdale overlayAverage HH Incomes over $143K within a 3-mile radiusSurrounded by a sea of residential communities and over 107,250 residents within a 3-mile radius

Contacts

Marti Weinstein

Diversified Partners

Location

Located at 7111 E Thomas Rd, Scottsdale, AZ 85257, this property is part of the Indian Bend neighborhood and Phoenix market.

Contact Listing Broker
Marti Weinstein

Diversified Partners

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