SINGLE TENANT ABSOLUTE NNN

9,551 SF | Retail Building | Scottsdale, AZ 85251 | $8,500,000 ($890/SF) | 4.63% Cap Rate

Asking Price $8,500,000

Property Type: Retail, Restaurant
Square Feet: 9,551 SF
Price / Square Foot: $890

Listing Contacts

Max Bippus

Verified Profile

Property Info

Property Overview

Extremely rare frontage property
Located in the heart of more than 100 of the city’s best restaurants, craft cocktail bars, lounges and high-energy nightclubs
Over 33,000 vehicles per day drive past the property

Property Details

Class: B
Year Built/Renovated: 1963/2007
Stories: 2
Lot Size (sq. ft): 8,276 SF

Highlights

Extremely rare frontage property available on Scottsdale Rd near Camelback Rd
Building size is ±8,200 SF featuring ±6,400 SF with a mezzanine and ±1,800 SF patio
Zoned D/OC-2, City of Scottsdale within the opportunity zone
Located in the heart of more than 100 of the city’s best restaurants, craft cocktail bars, lounges and high-energy nightclubs (Source: Scottsdale Ariz
±$32.8M spent annually on entertainment and recreation within 1 mile of the property (Source: CBRE Research)
Over 33,000 vehicles per day drive past the property (Source: Esri)

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