Frank Aazami: VU Bistro property at Eagle Mountain offers untapped commercial opportunity
By Terrance Thornton | Free Press Properties
There are few commercial opportunities in the Valley of the Sun better suited to provide a retail experience where the location alone offers breathtaking views of one of the most coveted communities in Arizona — the Town of Fountain Hills.
For Frank Aazami of The Private Client Group at Russ Lyon Sotheby’s International Realty, the 4,450-square-foot commercial space at 14835 E. Shea Blvd. offers a unique business opportunity to be seized by the right business mind.
Download a flip book with all pertinent information HERE.
“It’s a special property with amazing views like no other restaurant or retail in the Valley,” he told the Arizona Digital Free Press while on site earlier this month. “What does the Town of Fountain Hills want this to be? They want it to be a restaurant. Look, you really have sunrise and sunset right here every day. Someone is going to come in here, and rethink this: It is an acre lot and it has a great footprint.”
The space provides for ample seating that includes floor-to-ceiling windows, a full-service kitchen, a wraparound bar, a large terrace with elevated views illustrated by a 180-degree perspective of the Superstition Mountains and the Town of Fountain Hills.
“It’s mixed use, so you can do a lot of different things, like a roof deck, the building is 24-feet high. The building is already at maximum height so there is no planning and zoning to go through,” Mr. Aazami said.
Frank Aazami: VU Bistro property at Eagle Mountain offers untapped commercial opportunity
The Town of Fountain Hills, which is just a 15-minute jaunt eastward along Shea Boulevard from the heart of central Scottsdale, is set atop a landscape of rolling hills, picturesque greens and a welcoming community.
“A roof deck would be wonderful, you can have so many different events with the available facilities,” Mr. Aazami points out. “To go to a restaurant and have these views, here it is forever views and you have golf courses, the city lights and the mountains. It is a dramatic backdrop — you can sit here for hours and just enjoy one another.”
Could it be a sports bar? Or a destination restaurant with one-of-a-kind of views of the Valley? For Mr. Aazami, the property can be molded with the right vision to capture the unique opportunity of the property.
“What is the value of 1 acre commercial? I think if you do this quality of a building here, this is a $1 million building,” he said pointing out zoning entitlements are already in place allowing for multiple uses. “That is all in place, you speed up all of those planning processes. You are so much further with this property from that frame of mind. It’s an acre commercial — this place pencils out.”
