Class A Gilbert Bar Buildout – Below Market Lease

Business Overview

An exceptional opportunity to acquire a professionally built bar space in a premier Class A Gilbert development. Offered as a true asset sale with lease transfer, this opportunity is priced at $50,000 — a fraction of replacement cost. Replicating this buildout today would require several hundred thousand dollars in construction and infrastructure investment. Included Buildout & Infrastructure • 1,627 SF retail space plus patio • Custom full-glass garage door system opening to outdoor seating • Expansive walk-in cooler with customer-facing display doors • Capacity for approximately 30 kegs plus cold storage • 30-tap draft system installed • Modern country wood plank interior finishes • Upgraded restrooms with new countertops, sinks, and toilets • Spotless flooring throughout cold prep area and bar • Grease trap installed • Space to accommodate a 6-foot hood system and prep line for small/medium kitchen buildout (hood not currently installed) Liquor license does not convey. Exclusions: Furniture, televisions, audio equipment, security cameras, and loose equipment are not included at this price. The Lease – A Significant Value Component Lease runs through March 31, 2032 Two (2) five-year renewal options Current base rent: approximately $3,950–$4,105 per month Estimated NNN: $1,085–$1,355 per month Approximate all-in occupancy: $5,000–$5,400 per month Why This Lease Is a Big Deal Comparable Class A retail space in Gilbert is commonly leasing in the $38–$45+ per square foot range, which equates to approximately: • $5,150–$6,100+ per month base rent for similar square footage This lease is effectively running at approximately $35–$45 per square foot, representing a savings of roughly $2,000–$3,000 per month compared to current market rates for similar new construction space. Over the remaining lease term, that delta represents substantial long-term occupancy savings. This is not just an asset purchase — it is a favorable long-term lease position in a premium development. Use Restrictions & Ideal Concept The center has existing exclusives and restrictions that prohibit: • Italian concepts • Sub / hoagie style sandwich shops • Salad-focused concepts • Bakery-focused concepts • Japanese / Asian fast casual • Breakfast-focused bakery concepts • Pizza-dominant concepts Due to these restrictions, this space is ideally suited for a Burger, Wing, or American bar-forward concept that leverages the existing draft system, patio, and cooler infrastructure. Buyer Requirements: Cash Only, No Seller Financing Landlord approval is required for lease assignment The landlord will only approve highly qualified buyers with: • Strong credit • Verifiable financial strength • Detailed business plan • Professional operator bio and experience This is a professionally managed Class A project — approval standards are high. Summary For $50,000, a buyer acquires: • Fully built bar infrastructure • 30-tap system • Walk-in cooler with display doors • Patio + custom garage door • Upgraded restrooms • Grease trap in place • Long-term below-market lease • Premium Gilbert location The business is listed by HUB Commercial, an affiliate of Sunbelt Business Brokers in the State of Arizona. All listing and financial information to be verified by the buyer during due diligence. Ad#:2441048