$14,000
Phoenix, AZ 85003
MLS# 6917606
1 / 14
Property Description
Fully Equipped Downtown Phoenix Restaurant for Lease. An exceptional opportunity to lease a beautifully designed built-out restaurant in the heart of Downtown Phoenix in the Alfred Hitchcock Famous Orpheum Lofts Art Deco Style High-Rise Building. This turnkey space is designed to impress with a modern layout, stylish finishes, and extensive kitchen infrastructure — ideal for an operator looking to launch quickly. Highlights: Prime downtown location with strong visibility and foot traffic. Spacious dining area and bar setup. Historic building with character and modern upgrades. Fully equipped kitchen and storage, ready for immediate operation. With its location, infrastructure, and complete build-out, this space is an outstanding opportunity for your next restaurant or hospitality venture.
Details
Maps
Contract Info
Lease Type: NNN
Current Price: $14,000
Lease Price/HiSeason: 14000
Status: Active
List Date: 2025-09-10
Location, Tax & Legal
Unit #: 103
Assessor's Map #: 21
Legal Description (Abbrev): ORPHEUM LOFTS COMMERCIAL UNIT AMD
Assessor's Parcel #: 585
Add'l Parcels: No
Tax Municipality: Phoenix
Census Tract: 114100
Taxes: 8316
Legal: ORPHEUM LOFTS COMMERCIAL UNIT AMD MCR 884-44 UNIT C103
House Number: 114
Compass: W
Street Name: ADAMS
St Suffix: Street
City/Town Code: Phoenix
State/Province: AZ
Zip Code: 85003
Zip4: 2015
County Code: Maricopa
Subdivision: Orpheum Lofts
Assessor Number: 112-21-585
Tax Year: 2024
General Property Description
Type of Property: Commercial
Ttl Apx SqFt Bldg: 3262
Ttl Apx Net Rnt Spc: 3262
# of Buildings: 1
Uncvrd Parking Spcs: 0
Year Built: 1990
Zoning: C-DT / COMMERCI
Legal Info
Range: 3E
Section: 8
Township: 1N
Lot Number: C103
Construction
Brick: 1
Roofing
Other: 1
Floors
Concrete: 1
Building Type
Commercial: 1
Other (See Remarks): 1
Business Type
Service Business: 1
Restaurant: 1
Fast Food: 1
Retail: 1
Food Service: 1
Bar/Tavern/Lounge: 1
See Remarks: 1
Lease Info
Suite Size Avail Max: 3268
Space Divisible: No
Annual Lease Price: 168000
Annual Lse Prc P/SF: 51.5
Base Rent Escalation: Yes
Lease Year (Min-Max): 3-10
Annual CAM/SqFt: 14.5
Annual Exp Stop/SqFt: 0
Showing Notification Methods
Showing Service: Aligned Showings
Lockbox Type
See Private Remarks: 1
Type of Lease
NNN: 1
Other (See Remarks): 1
Floor Location
Ground Floor: 1
Ceiling Height
10.1 Feet to 12 Feet: 1
12.1 Feet to 14 Feet: 1
Heating
Electric: 1
Cooling
Chiller System: 1
Landlord Pays
Other: 1
Interior Features
Finished: 1
Unfinished: 1
Other (See Remarks): 1
Loading Facilities
None: 1
Tenant Pays
Water: 1
Electricity: 1
Sewer: 1
Trash Collection: 1
Fire Insurance: 1
Contents Insurance: 1
Glass Insurance: 1
Liability Insurance: 1
Common Area Maintenance: 1
Other (See Remarks): 1
Move in Costs
Other (See Remarks): 1
Exterior
Building Sign: 1
Fencing
None: 1
Water Source
Other: 1
See Remarks: 1
Sewer
Sewer - Public: 1
Parking Features
Other: 1
Electric
APS: 1
Other (See Remarks): 1
Gas
Other (See Remarks): 1
Lease Includes
Other (See Remarks): 1
Lease Conditions
Other (See Remarks): 1
Use Restrictions
CC&R's: 1
Reports/Disclosures
None: 1
Environmental
None: 1
Contact Info
List Agent Home Phn: 4802843204
List Agent Hme Phn 2: 6023277538
List Agent Cell Phn2: 6023277538
Remarks Misc
Cross Street: Central Ave & Adams St
Directions: The Orpheum Lofts building is on the SW corner of 1st Avenue and Adams. Suite has premium frontage on 1st Avenue.
Geo Lat: 33.449606
Geo Lon: -112.075395
Property Features
Building Type: Commercial; Other (See Remarks)
Business Type: Service Business; Restaurant; Fast Food; Retail; Food Service; Bar/Tavern/Lounge; See Remarks
Type of Lease: NNN; Other (See Remarks)
Floor Location: Ground Floor
Construction: Brick
Roofing: Other
Floors: Concrete
Ceiling Height: 10.1 Feet to 12 Feet; 12.1 Feet to 14 Feet
Cooling: Chiller System
Landlord Pays: Other
Tenant Pays: Electricity; Water; Sewer; Trash Collection; Fire Insurance; Contents Insurance; Glass Insurance; Liability Insurance; Common Area Maintenance; Other (See Remarks)
Move in Costs: Other (See Remarks)
Interior Features: Finished; Unfinished; Other (See Remarks)
Exterior: Building Sign
Loading Facilities: None
Fencing: None
Parking Features: Other
Electric: APS; Other (See Remarks)
Gas: Other (See Remarks)
Water Source: Other; See Remarks
Sewer: Sewer - Public
Lease Includes: Other (See Remarks)
Lease Conditions: Other (See Remarks)
Lockbox Type: See Private Remarks
Use Restrictions: CC&R's
Environmental: None
Supplements
Possible Included Equipment: (2) Southwest 6-burner ranges with convection oven. Wood-fired grille. Volcan electric oven. Range with flat top and standard oven. Fryer. Reach-in freezer. 3-door bar fridge. Under-counter freezer. Walk-in cooler. Walk-in wine cellar. Wine fridge. Reach-in refrigerator. Fun Popular culture Fact - The opening sequence of the 1960 Alfred Hitchcock film Psycho was filmed from the roof of this building.
Lease terms available upon request. Contact broker for details and private tours.
Listing Office: Versatile Properties
Last Updated: September - 10 - 2025
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