Confirm the space fit
Compare hood, grease trap, walk-in, seating, patio, parking, utilities, and build-out condition before touring.
Restaurants for Lease in Phoenix
10 properties for lease
Full Restaurant
2 photos
For Lease
Contact for rate
720 W Ray Rd, Gilbert, AZ 85233, USA6,780 sq ft
- Parking
Full Restaurant
For Lease
$1.67/SF/moNNN
Est. $4,633/mo all-in · 1,980 SF
1930 W Thunderbird Rd, Phoenix, AZ 85023, USA1,980 sq ft
- Grease Trap
- 3-Comp Sink
Other
11 photos
For Lease
$1,551/moNNN
Est. $2,026/mo all-in · 1,400 SF
1734 W Bell Rd, Phoenix, AZ 85023, USA1,400 sq ft
- Parking
- Equipment Included
- Immediate Move-In
- Fully Furnished
Ghost Kitchen
6 photos
For Lease
$2.50/SF/moNNN
Est. $4,566/mo all-in · 1,512 SF
2030 E Elliot Rd, Tempe, AZ 85283, USA1,512 sq ft
- Parking
- Shell Space
Fast Casual
11 photos
For Lease
$3.25/SF/moNNN
Est. $8,000/mo all-in · 2,000 SF
2030 E Elliot Rd, Tempe, AZ 85283, USA2,000 sq ft
- Parking
- Shell Space
- Warm Shell
- Grease Trap
Full Restaurant
10 photos
For Lease
Contact for rate
7301 E Butherus Dr, Scottsdale, AZ 85260, USA9,200 sq ft
- Outdoor
- Bar Area
- Turnkey
- Immediate Move-In
Fast Casual
6 photos
For Lease
$1/SF/moNNN
Est. $1,038/mo all-in · 1,000 SF
601 E Bell Rd, Phoenix, AZ 85022, USA1,000 sq ft
Full Restaurant
7 photos
For Lease
Contact for rate
13426 N Litchfield Rd, Surprise, AZ 85379, USA3,269 sq ft
Shell Space
5 photos
For Lease
Contact for rate
455 N 3rd St, Phoenix, AZ 85004, USA1,025-33,478 sq ft
Full Restaurant
2 photos
For Lease
Contact for rate
1958 S Greenfield Rd, Mesa, AZ 85206, USA5,040 sq ft
10 properties for lease
Full Restaurant
2 photos
For Lease
Contact for rate
720 W Ray Rd, Gilbert, AZ 85233, USA6,780 sq ft
- Parking
Full Restaurant
For Lease
$1.67/SF/moNNN
Est. $4,633/mo all-in · 1,980 SF
1930 W Thunderbird Rd, Phoenix, AZ 85023, USA1,980 sq ft
- Grease Trap
- 3-Comp Sink
Other
11 photos
For Lease
$1,551/moNNN
Est. $2,026/mo all-in · 1,400 SF
1734 W Bell Rd, Phoenix, AZ 85023, USA1,400 sq ft
- Parking
- Equipment Included
- Immediate Move-In
- Fully Furnished
Ghost Kitchen
6 photos
For Lease
$2.50/SF/moNNN
Est. $4,566/mo all-in · 1,512 SF
2030 E Elliot Rd, Tempe, AZ 85283, USA1,512 sq ft
- Parking
- Shell Space
Fast Casual
11 photos
For Lease
$3.25/SF/moNNN
Est. $8,000/mo all-in · 2,000 SF
2030 E Elliot Rd, Tempe, AZ 85283, USA2,000 sq ft
- Parking
- Shell Space
- Warm Shell
- Grease Trap
Full Restaurant
10 photos
For Lease
Contact for rate
7301 E Butherus Dr, Scottsdale, AZ 85260, USA9,200 sq ft
- Outdoor
- Bar Area
- Turnkey
- Immediate Move-In
Fast Casual
6 photos
For Lease
$1/SF/moNNN
Est. $1,038/mo all-in · 1,000 SF
601 E Bell Rd, Phoenix, AZ 85022, USA1,000 sq ft
Full Restaurant
7 photos
For Lease
Contact for rate
13426 N Litchfield Rd, Surprise, AZ 85379, USA3,269 sq ft
Shell Space
5 photos
For Lease
Contact for rate
455 N 3rd St, Phoenix, AZ 85004, USA1,025-33,478 sq ft
Full Restaurant
2 photos
For Lease
Contact for rate
1958 S Greenfield Rd, Mesa, AZ 85206, USA5,040 sq ft
Market Context
Restaurants for Lease
Phoenix is one of the most active restaurant lease markets in the United States with strong population growth and continuous development.
Lease rates range from $20 to $48 per square foot annually depending on submarket, with most leases structured as NNN and terms between 3 to 10 years.
Popular Markets
Explore Other Restaurant Markets
Phoenix lease opportunities span premium corridors, urban cores, and suburban growth markets.
- Camelback Corridor and Biltmore offer premium high-rent locations
- Downtown Phoenix provides strong urban demand and mixed-use development
- Arcadia offers stable neighborhood leasing demand
- North Phoenix and Ahwatukee provide lower-cost suburban opportunities
Tenant Guide
How to Lease or Rent Restaurant Space in Phoenix
Review the lease path
Ask whether the rentable opportunity is a direct lease, assignment, sublease, or turnkey build-out with existing restaurant infrastructure.
Check approvals
Confirm landlord consent, use approvals, health permits, alcohol licensing, signage, and local inspections for the address.
Model opening costs
Compare base rent, NNN, tenant improvements, equipment needs, deposits, and permit costs before submitting an offer.
For Owners & Brokers
Why Phoenix Restaurant Leases Perform Well on Pepperlot
Pepperlot is built specifically for restaurant transactions, making it an ideal platform for Phoenix's leasing environment.
Market-Focused Tenant Reach
Listings reach operators and brokers actively browsing restaurant spaces, ensuring inquiries come from users with real intent.
Controlled Listing Visibility
Confidential listing options allow property details to be shared without unnecessary public exposure, structured around restaurant-specific requirements.
Restaurant-Only Search Environment
Pepperlot is built exclusively for food-service properties, keeping inquiries focused and relevant.
Direct Marketing To Restaurant Operators
Through precision digital marketing and specialized restaurant industry networks, Pepperlot promotes your listing to decision-makers actively seeking food-ready spaces.
Platform
Step-by-Step Process to Lease in Phoenix
Submit Space Information
Provide square footage, prior restaurant use, equipment details, and permitted concepts for your Phoenix space.
Listing Activation
Once approved, the space becomes visible to operators and brokers evaluating Phoenix lease opportunities.
Tenant Inquiries
Receive direct inquiries through Pepperlot's secure messaging system.
Lease Execution
Lease negotiations and agreements are handled directly between landlords and tenants.
About PepperLot
Built for Restaurant Space Search in Phoenix
PepperLot organizes restaurant space searches around the details tenants need in Phoenix: build-out condition, hood, grease trap, seating, rent structure, and permit context.
Frequently Asked Questions
How much does it cost to lease a restaurant in phoenix?
phoenix restaurant lease rates range from $20–$48 per square foot annually depending on submarket. Most leases are triple net (NNN) with the tenant covering taxes, insurance, and CAM on top of base rent.
Is there second-generation restaurant space available in phoenix?
Yes. phoenix has strong availability of second-generation restaurant space. Leasing a previously operated location with hood, grease, walk-in, and plumbing in place can save $100,000 to $400,000 versus building out raw retail and dramatically shorten time to opening.
What types of restaurant lease transactions are listed in phoenix?
Pepperlot lists direct leases, lease assignments, and subleases. Direct leases are landlord-to-tenant agreements. Lease assignments transfer an existing lease and built-out space. Subleases are flexible arrangements within an existing operation.
How long does it take to lease a restaurant space in phoenix?
A direct lease typically takes 30 to 75 days from LOI to signed lease. Lease assignments can move faster when the landlord pre-approves the assignment. Arizona DLLC and county health permitting can extend the full timeline to opening by another 60 to 90 days.
Can I list a restaurant for lease in phoenix on Pepperlot?
Yes. Listing on Pepperlot is free. Confidential options are available for landlords looking to replace a tenant discreetly.