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More details for 12637 S 48th St, Phoenix, AZ - Retail for Sale

Macayo's Mexican Food - 12637 S 48th St

Phoenix, AZ 85044

  • Golf Course
  • Retail for Sale
  • $4,463,976 CAD
  • 7,783 SF

Phoenix Retail for Sale - South Tempe/Ahwatukee

- Single-tenant Macayo’s investment opportunity featuring an absolute triple-net (NNN) lease with ±8.5 years of remaining term and two (2), five (5) year renewal options. - Founded in 1946, Macayo’s is one of Arizona’s most iconic and longest-running restaurant brands, widely credited with inventing the chimichanga. - Macayo’s currently operates 12 locations throughout the Phoenix MSA. They have successfully operated at this location since 1997, 29 years at the same corner through multiple economic cycles, reflecting the brands deep roots in the Ahwatukee trade area. - Horizon Hospitality, a family owed restaurant group led by experienced multi-concept franchisee Lucas Farnham, acquired Macayo’s in 2024. Since acquiring the brand, Horizon has opened a new Tempe location and announced an expansion into the Colorado market, demonstrating an operator actively investing in the brands growth. In addition to Macayo’s, Horizon Hospitality also operates Black Bear Diner, Smashburger, and Mici Handcrafted Italian restaurants across Arizona and Colorado. - The Property sits on a ±1.58-acre parcel in Ahwatukee, one of the Phoenix MSAs most affluent and supply-constrained submarkets, bordered by South Mountain to the north with virtually no remaining developable land. It is also located directly south of the recently renovated 18-hole, par-72 golf course, Ahwatukee Golf Club, driving consistent traffic to this location. - The Property sits at the signalized intersection of 48th St and Warner Rd (±63,845 VPD) and is 2 minutes west of the I-10 (±191,102 VPD). The 3-mile trade area supports a population of ±89,268 with an average household income of ±$140,673 today, projected to grow to ±$155,161 by 2030. - Ahwatukee Palms Plaza, a ±133,864-square-foot Bashas’s-anchored grocery center, is directly across the street. Ahwatukee Foothills Towne Cener (±705,696 SF, anchored by AMC, Best buy, Ross Dress for Less, and more), Foothills Park Plaza Shopping Center (±320,744 SF, anchored by JCPenney and Mountainside Fitness), and an IKEA-anchored power center with DICK’s Sporting Goods, Total Wine, and Life Time Fitness are all within ±5 minutes.

Contact:

CBRE

Property Subtype:

Restaurant

Date on Market:

2026-05-21

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More details for 2216 Mogollon Rim Dr, Overgaard, AZ - Land for Sale

2216 Mogollon Rim Dr

Overgaard, AZ 85933

  • Golf Course
  • Land for Sale
  • $4,415,680 CAD
  • 77.54 AC Lot
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More details for 10031 E Dynamite Blvd, Scottsdale, AZ - Office for Sale

Phase II-Bldg E - 10031 E Dynamite Blvd

Scottsdale, AZ 85262

  • Golf Course
  • Office for Sale
  • $2,080,558 CAD
  • 4,572 SF
  • 1 Unit Available
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More details for 1642 Petroglyph Point Dr, Prescott, AZ - Land for Sale

1642 Petroglyph Point Dr

Prescott, AZ 86301

  • Golf Course
  • Land for Sale
  • $3,449,750 CAD
  • 6.99 AC Lot
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More details for 1105 Verde Santa Fe Park, Cornville, AZ - Land for Sale

Lot #17 Verde Santa Fe Subdivision - 1105 Verde Santa Fe Park

Cornville, AZ 86325

  • Golf Course
  • Land for Sale
  • $192,496 CAD
  • 0.33 AC Lot
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More details for 2001 Excellence Way, Prescott, AZ - Office for Sale

Office on 3.43 Acres With 4 Additional Lots - 2001 Excellence Way

Prescott, AZ 86301

  • Golf Course
  • Office for Sale
  • $2,897,790 CAD
  • 4,714 SF
  • Air Conditioning
  • Bio-Tech/ Lab Space
  • 24 Hour Access
  • Reception
  • Wheelchair Accessible
  • Smoke Detector

Prescott Office for Sale

Build your dream campus at this beautiful 3.43-acre Prescott location. Centerpointe Professional Suites is located in north Prescott across from the airport and city golf course at the center of the Tri-Cities of Prescott, Prescott Valley, and Chino Valley. Easy access off of Highways 89 and 89A with over 20,000 vehicles passing by per day. The existing 4,714 sq ft bilevel office is fully leased with near 5-year terms for both medical tenants. New carpet was placed in both levels August, 2025. Newly painted interior. Four additional building sites are available for future expansion. Save tens of thousands on future construction as new buildings will be allowed to use the existing 2" water meter if desired. This parcel was originally 5 lots (#9,10,11, 12,13). Lot # 9 measures 17,454 sq ft and could sell for $6.5-$7/sq ft or $113,45-$122,178.  Lots 12 & 13 are 22,536 and 16,706 sq ft or 39,242 sq ft when combined.  Selling these two lots together could generate $255,073-$274,694.  Divesting of all three lots would put the final purchase price in the $1.6-1.7 million range, while maintaining the ability to add another 11,500 sq ft of commercial office space on the site if expansion is desired in the future.  Annual rent escalations are 2% for the lower level and 2.7% for the upper level. Nearby vacant lots measuring 2.09 and 2.19 acres are also available and will be sold at a reduced rate if all three parcels are purchased together. Centerpointe West is home to Tri-City Surgery Center, Arizona Oncology, Central Arizona Pain Institute, Digestive Disease Specialists, Ponderosa Pediatrics, Cabaluna Medical, Innate Wellness, and Oral and Facial Surgery of Prescott. A cardiac cath lab and additional medical offices are planned within the development. Cornerstone Church is also in design stages within Centerpointe West. North Prescott is expanding rapidly with Walden Farms, Granite Dells Estates, and Deep Well Ranch adding hundreds of new homes to the area. Yavapai Regional Medical Center North Campus is planned near the airport. Be a part of the future prosperity and growth of Prescott by locating your business here. Want to lease office space? Build to suit option is available. Call 928-710-5158 for more information 3D Port https://storage.net-fs.com/hosting/5818905/18/ (3D Rendering of the potential Campus Development).

Contact:

Pedigo Properties

Property Subtype:

Medical

Date on Market:

2025-10-02

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More details for 990 Reay Ln, Thatcher, AZ - Land for Sale

Southeast AZ Development Parcel - 990 Reay Ln

Thatcher, AZ 85552

  • Golf Course
  • Land for Sale
  • $2,759,800 CAD
  • 32.29 AC Lot
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More details for 10037 E Dynamite Blvd, Scottsdale, AZ - Office for Sale

Phase I-Bldg C - 10037 E Dynamite Blvd

Scottsdale, AZ 85262

  • Golf Course
  • Office for Sale
  • Price Upon Request
  • 11,589 SF
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More details for Rancho Paloma Rd, Cave Creek, AZ - Land for Sale

Dove Valley Ranch Golf Course Master Plan - Rancho Paloma Rd

Cave Creek, AZ 85331

  • Golf Course
  • Land for Sale
  • Price Upon Request
  • 6.40 AC Lot
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More details for 8805 S 51st St, Phoenix, AZ - Multifamily for Sale

8805 S 51ST ST 2, Phoenix, AZ 85044 - 8805 S 51st St

Phoenix, AZ 85044

  • Golf Course
  • Multifamily for Sale
  • $604,534 CAD
  • 6,409 SF
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More details for 6772 S Kings Ranch Rd, Gold Canyon, AZ - Office for Sale

GOLD CANYON OFFICE SUITES - 6772 S Kings Ranch Rd

Gold Canyon, AZ 85118

  • Golf Course
  • Office for Sale
  • $1,748,333 CAD
  • 7,463 SF
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