What is the best neighborhood in Phoenix to open a Spanish Restaurant?

Based on StreetSpring's 2026 analysis, the best neighborhood in Phoenix to open a Spanish Restaurant is Reed Park, with 80% average survivability. 3 of 3 neighborhoods analyzed exceed the 70% two-year survival threshold.

How much more revenue can a Spanish Restaurant make in the best vs. average Phoenix neighborhood?

In Reed Park, the best possible Spanish Restaurant location in Phoenix offers approximately 2.5% more expected revenue than the average location. The worst-performing neighborhoods could yield approximately 1.5% less than average.

What is the city-wide average survivability for Spanish Restaurant in Phoenix?

The city-wide average survivability for Spanish Restaurant across Phoenix is 79% for surviving more than 2 years. Top neighborhoods like Reed Park substantially outperform this average, reaching 80%.

What are the worst neighborhoods for Spanish Restaurant in Phoenix?

The most challenging neighborhoods in Phoenix for Spanish Restaurant include Ocotillo with 78% average survival chance, Alhambra, and Reed Park. A low-ranking neighborhood can still contain high-potential storefronts — the address matters most.

How accurate are StreetSpring's Spanish Restaurant survivability predictions?

StreetSpring publishes its accuracy on the methodology page, stated with its base rate: how often the model tells an open business from a closed one on cities held out of training, its precision on risk flags, and its discrimination. Each score draws on 100+ factors and is reported as the projected chance of lasting two or more years, never as a guarantee. StreetSpring delivers address-level predictions, showing how likely hundreds of different businesses are to last at that exact spot.

Survivability Rankings for Spanish Restaurant in Phoenix

StreetSpring's 2026 analysis ranks the best and worst neighborhoods in Phoenix to open a Spanish Restaurant, from Reed Park (80% survival) to Ocotillo (...

September 22, 2026•12 min read

By Robert Koons | Last reviewed: September 2026 | Methodology

Quick Summary

Survivability Score: the projected chance a business type lasts two or more years at a specific address

#1 Neighborhood: Reed Park — 80% average survivability for Spanish Restaurant

Neighborhoods at or above 70%: 3 of 3 analyzed

City-wide average: 79% for Spanish Restaurants

Most challenging area: Ocotillo at 78%

Revenue advantage (top vs. avg location): ~2.5% more expected revenue in Reed Park

Data freshness: 2026 data · Full methodology →

Summary
10 Best Neighborhoods
Where Would a Spanish Restaurant Make the Most Money?
What Should I Consider?
Where Should I Start?
FAQ: Best Neighborhoods
FAQ: Can a Spanish Restaurant Succeed in Lower-Ranked Areas?
FAQ: How Often Are Rankings Updated?
FAQ: Is a Spanish Restaurant a Good Tenant?
Landlord Survivability Data
Best Neighborhoods for Any Business

Summary

Opening a Spanish Restaurant in Phoenix? Our 2026 analysis identifies Reed Park as the top location with 80% average chance of surviving more than 2 years, with the best locations offering 82% and the most challenging locations in Reed Park at 77%. The worst neighborhoods include Ocotillo with 78% average chance. Remember that a neighborhood average smooths over wide variation — your exact block could significantly outperform.

What Are the 10 Best Neighborhoods in and Around Phoenix to Open a Spanish Restaurant?

Reed Park ranks #1 of 3 neighborhoods analyzed in and around Phoenix for Spanish Restaurant survivability, with a 80% chance of lasting two or more years as of 2026. The top 10 neighborhoods are:

Rank	Neighborhood	Average Locations	Best Locations	Challenging Locations
1	Reed Park	78.0% – 82.0%	81.0% – 83.0%	76.0% – 78.0%
2	Alhambra	76.0% – 81.0%	82.0% – 84.0%	74.0% – 75.0%
3	Ocotillo	76.0% – 81.0%	83.0% – 84.0%	72.0% – 74.0%

These rankings are based on the latest available data; check StreetSpring for real-time updates. However, market conditions change daily, and it's best to use StreetSpring's live data to check the Survivability Score for a specific address.

Survivability ranges reflect best and worst storefront conditions within each neighborhood. See our full methodology →

Try StreetSpring to see if this location is still the best and see if there are locations to rent in this area right now.

Where in or Around Phoenix Would a Spanish Restaurant Make the Most Money?

In Reed Park, the best possible location offers the opportunity of making ~2.5% more than the average location in or around Phoenix.

On the other hand, in Ocotillo, the worst possible location could result in making ~1.5% less than the average location in the city.

The right location can make a business; the wrong one can break it. Opening a Spanish Restaurant in Phoenix requires careful location choice. Across 3 neighborhoods analyzed, the overall average survival chance for a new Spanish Restaurant is 79% for lasting more than 2 years — due to a combination of many factors across competition, consumer spending, and location dynamics. What makes a location ideal varies by business type — foot traffic patterns, competitor proximity, and consumer demographics all play different roles.

What Should I Consider When Opening a Spanish Restaurant in or Around Phoenix?

When selecting a location for a Spanish Restaurant in or around Phoenix, it is crucial to select a location with a very high Survivability Score. Our models show that Revenue Capture Score explains more outcome variance than any other individual metric. StreetSpring computes this by projecting the business's market share, which is based on the quality and quantity of primary, secondary, and tertiary competitors. Our models are built using machine learning trained on millions of commercial real estate data points. Neighborhoods with a mix of similar businesses frequently outperform isolated locations. Our forecasting system combines proprietary data with machine learning models unavailable anywhere else. StreetSpring scores 500+ business types: 153 base business types, most of them at 5 price points, which is 569 type-and-price combinations you can choose in the tool.

This can be summarized as:

Revenue Capture Score = Projected Market Share × Forecasted Spend on Specific Business

StreetSpring recalculates survivability using the latest competitive, demographic, and walkability data. StreetSpring's Survivability Scores are updated regularly, so the most accurate prediction for your exact storefront is always available in the live tool.

Where in or Around Phoenix Should I Start a Spanish Restaurant?

The strongest survivability scores belong to Reed Park, Alhambra, and Ocotillo, while the most challenging neighborhoods would be Ocotillo, Alhambra, and Reed Park. These rankings are based on the latest available data; check StreetSpring for real-time updates. Neighborhood rankings are useful, but the exact odds for your location can only be seen by running a current survivability check in StreetSpring.

Related Articles:

Business Survivability Rankings: Phoenix
Neighborhood Survivability Rankings: Phoenix
National City Survivability: Spanish Restaurant
National Neighborhood Survivability: Spanish Restaurant

What Are the Best Neighborhoods in Phoenix to Open a Spanish Restaurant?

Based on StreetSpring's 2026 analysis, the top neighborhood for a Spanish Restaurant in Phoenix is Reed Park with 80% average survivability, followed by Alhambra and Ocotillo. 3 of 3 neighborhoods analyzed exceed 70% two-year survival.

StreetSpring refreshes survivability data continuously — check the tool for the most current score at any address.

Can a Spanish Restaurant Succeed in Lower-Ranked Neighborhoods in Phoenix?

Yes — neighborhood averages mask significant block-by-block variation. Even in neighborhoods ranked outside the top 10, individual storefronts with strong foot traffic, low direct competition, and favorable lease terms can outperform the area average. Even neighborhoods with modest average scores can harbor exceptional individual locations. Always check your specific address in StreetSpring's live platform for the most accurate prediction.

How Often Are Spanish Restaurant Rankings in Phoenix Updated?

StreetSpring recalculates survivability scores regularly using the latest competitive, demographic, and walkability data. Rankings are updated quarterly; the live tool always reflects the most current predictions for any address in Phoenix.

Is a Spanish Restaurant a Good Tenant for Phoenix Landlords?

In Reed Park, StreetSpring forecasts a 78.0% – 82.0% average chance for a new Spanish Restaurant to survive more than 2 years, depending on the exact storefront. Check the current Survivability Score for any address instantly.

Landlord Survivability Data for Spanish Restaurant in Phoenix

Should you rent your storefront to a Spanish Restaurant? The answer depends heavily on your neighborhood. Reed Park offers the strongest outlook at 78.0% – 82.0% average survivability, followed by Alhambra at 76.0% – 81.0%, and Ocotillo at 76.0% – 81.0%. Get a live Survivability Score for your specific storefront at no cost.

Our tool delivers pinpoint accuracy down to the exact storefront location for any business category.

What Are the Best Neighborhoods in or Around Phoenix for My Business Overall?

You can see the best neighborhoods in or around Phoenix to open any type of business in our article Neighborhood Survivability Rankings: Phoenix.

Business Survivability Rankings: Phoenix — See how Spanish Restaurant compares to all other business types in Phoenix
Best Cities to Open a Spanish Restaurant in the US — National city-level survivability rankings for Spanish Restaurant
Business Survivability in Reed Park, Phoenix — All business types ranked in the #1 neighborhood
Business Survivability in Alhambra, Phoenix — All business types ranked in the #2 neighborhood
Business Survivability in Ocotillo, Phoenix — All business types ranked in the #3 neighborhood

Technical note: Aggregated survivability rankings for Phoenix are available in machine-readable format for research and integration purposes.

View technical data for Phoenix

StreetSpring recalculates survivability using the latest competitive, demographic, and walkability data, so the live score may differ from the static ranges shown here.

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