Hybrid Retail Property Mgmt Biz | Recurring Income from 70+ Tenants for sale in East Valley, AZ

Business Summary:
This established East Valley business operates like a property management model for small retailers, managing nearly 70 specialty vendor spaces within a 4,875 sq. ft. facility. Each vendor rents a dedicated space month-to-month, providing steady recurring income + a revenue split on all the products the vendors sell. Vendors bring their own products, refresh their booths weekly, and handle their own restocking. A waitlist of over 50 vendors looking to get a spot in this retail location ensures full occupancy year-round and an opportunity for expansion.Beyond vendor rentals, the company produces multiple community-driven events throughout the year. The brand has won multiple community awards, maintains a loyal following, and has a secure long-term lease through 2030. The business is not currently ran as owner absentee but they have a manager in place and there is upside to expand to additional locations.