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

Based on StreetSpring's 2026 analysis, the best neighborhood in Phoenix to open a Tapas 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 Tapas Restaurant make in the best vs. average Phoenix neighborhood?

In Reed Park, the best possible Tapas Restaurant location in Phoenix offers approximately 2.8% more expected revenue than the average location. The worst-performing neighborhoods could yield approximately 1.8% less than average.

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

The city-wide average survivability for Tapas 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 Tapas Restaurant in Phoenix?

The most challenging neighborhoods in Phoenix for Tapas 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 Tapas 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. With StreetSpring, you can see the precise probability of success for countless business models at any exact location.

Survivability Rankings for Tapas Restaurant in Phoenix

StreetSpring's 2026 analysis ranks the best and worst neighborhoods in Phoenix to open a Tapas Restaurant, from Reed Park (80% survival) to Ocotillo (78%).

September 22, 2026•11 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 Tapas Restaurant

Neighborhoods at or above 70%: 3 of 3 analyzed

City-wide average: 79% for Tapas Restaurants

Most challenging area: Ocotillo at 78%

Revenue advantage (top vs. avg location): ~2.8% more expected revenue in Reed Park

Data freshness: 2026 data · Full methodology →

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

Summary

Reed Park leads Phoenix's 2026 survivability rankings for Tapas Restaurant operators with 80% average chance of surviving more than 2 years, with the best locations offering 83% and the most challenging locations in Reed Park at 77%. The worst neighborhoods include Ocotillo with 78% average chance. A low-ranking neighborhood can still contain high-potential storefronts — the address matters most.

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

Reed Park ranks #1 of 3 neighborhoods analyzed in and around Phoenix for Tapas 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%	73.0% – 75.0%
3	Ocotillo	76.0% – 81.0%	83.0% – 84.0%	73.0% – 75.0%

Location-level factors like visibility and adjacent tenants can override neighborhood-level trends. Static rankings provide a useful baseline, but the live tool captures changes that have occurred since publication.

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 Tapas Restaurant Make the Most Money?

In Reed Park, the best possible location offers the opportunity of making ~2.8% more than the average location in or around Phoenix.

On the other hand, in Ocotillo, the worst possible location could result in making ~1.8% less than the average location in the city.

The right location can make a business; the wrong one can break it. Opening a Tapas Restaurant in Phoenix requires careful location choice. Across 3 neighborhoods analyzed, the overall average survival chance for a new Tapas Restaurant is 79% for lasting more than 2 years — due to a combination of many factors across competition, consumer spending, and location dynamics. Each business category has unique customer behavior patterns that vary significantly by address.

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

When selecting a location for a Tapas Restaurant in or around Phoenix, it is crucial to select a location with a very high Survivability Score. Of all the variables StreetSpring analyzes, Revenue Capture Score has the strongest predictive power. StreetSpring computes this by projecting the business's market share, which is based on the quality and quantity of primary, secondary, and tertiary competitors. StreetSpring's training dataset includes millions of transactions and business lifecycle events. Clustering works when it draws more customers to the area than any single business could alone. Our proprietary models incorporate data sources not available through any public platform. 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. New competitor openings and closures happen weekly — the live tool ensures you see the latest picture.

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

The highest-performing areas for this business type are Reed Park, Alhambra, and Ocotillo, while the most challenging neighborhoods would be Ocotillo, Alhambra, and Reed Park. These averages are directional, not definitive; the best decision comes from analyzing your specific storefront. StreetSpring refreshes survivability data continuously — check the tool for the most current score at any address.

Related Articles:

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

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

Based on StreetSpring's 2026 analysis, the top neighborhood for a Tapas 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.

For the most accurate predictions, always check your specific address in StreetSpring's live platform.

Can a Tapas 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. A low-ranking neighborhood can still contain high-potential storefronts — the address matters most. Always check your specific address in StreetSpring's live platform for the most accurate prediction.

How Often Are Tapas 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 Tapas Restaurant a Good Tenant for Phoenix Landlords?

In Reed Park, StreetSpring forecasts a 78.0% – 82.0% average chance for a new Tapas 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 Tapas Restaurant in Phoenix

From a risk-assessment perspective, a Tapas Restaurant tenant in Reed Park carries the lowest risk with average survivability of 78.0% – 82.0%. Alhambra presents moderate risk (76.0% – 81.0%), and Ocotillo carries comparatively higher risk at 76.0% – 81.0%. You can see the Survivability Score for your location for any business right now.

StreetSpring's predictions are granular enough to distinguish between two storefronts on the same block.

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 Tapas Restaurant compares to all other business types in Phoenix
Best Cities to Open a Tapas Restaurant in the US — National city-level survivability rankings for Tapas 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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