Luxury Salon Studios Portfolio | Phoenix MSA

3 Locations | 80 Luxury Salon Suites

Furniture, Fixtures, & Equipment (FF&E):

$400,000
Included in asking price

Employees:

3 Contractors
Contracted janitorial services

Facilities:

Three purpose-built, luxury-grade salon-suite locations across Phoenix's Southeast Valley — Chandler, West Chandler, and Ahwatukee — totaling 80 boutique studios across 16,560 sq ft. Frosted-glass suites, wet stations, keyless entry, and elegant lobbies throughout, with roughly $400K in owned FF&E (free and clear) conveying at close. Each location runs on a single NNN master lease with individual studio subleases.

Competition:

Phoenix Metro is one of the five fastest-growing U.S. metros, drawing 200+ new residents a day. The salon-suite model is consolidating fast as institutional capital chases independent multi-location operators. Belle Vie's anchor Chandler location is 100% occupied at a 25%+ margin, with no dominant independent competitor in these affluent submarkets — a rare portfolio of this scale and quality.

Growth & Expansion:

Built-in upside. In-place NOI is $193,705, with contracted run-rate NOI of $232,793 already under executed subleases. Filling the remaining vacant suites at proven in-building rents lifts stabilized NOI to roughly $325,054 — with fixed master-lease costs already covered, each new suite flows at near-100% margin. Room to add more Phoenix locations using the same brand and playbook.

Financing:

SBA is not available.

Support & Training:

Turnkey and simple to run. Seller provides up to 30 days of transition support, including introductions to every landlord, tenant, and vendor, plus the full operating playbook, leasing protocols, and technology setup. No beauty-industry experience needed — this is a commercial real-estate sublease business with no employees and no inventory.

Reason for Selling:

Seller is concentrating capital in other real estate holdings.

Location:

Chandler, AZ

Real Estate:

Leased

Building SF:

16,560

Rent:

$55,731 per month