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