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GEOFF TURBOW Partner 480.294.6019 [email protected]
WORLDWIDEREAL ESTATE SERVICES
N. SCOTTSDALE ROADSCOTTSDALE, AZ 852513831
PROPERTY SUMMARY
Asking Price: $2,650,000
Price/SF: $318.70
Lease Rate:$28.00“As-Is” Condition/Negotiable w/ TI’s
Availability: ±8,315 SF (Divisible)
APN: 130-23-124
Remodeled: 2013
Lot Size: ±8,745 SF
Zoning: C-2, DO City of Scottsdale
Licenses:Series 6 Liquor License ArizonaAvailable For Purchase
Occupancy: 265-TBD
Parking:±592 Garage Parking Spaces Located within one block
WORLDWIDEREAL ESTATE SERVICES
N. SCOTTSDALE ROAD
This information has been secured from sources believed to be reliable, but no representations or warranties are made, expressed or implied, as to the accuracy of the information. References to square footage are approximate. Buyer and tenant must verify the information and bears all risk for any inaccuracies. All quoted prices are subject to change without notice.
PROPERTY OVERVIEW
LevRose Commercial Real Estate, as Exclusive Advisor to the Seller, is pleased to present to qualified investors and users, the opportunity to acquire the fee interest of 3831 N. Scotts-dale Road, located in Scottsdale, Arizona. This well-positioned property provides tremendous street visibility along Scottsdale Road and is situated within the amenity-rich neighborhood of Old Town Scottsdale. Highlights include direct access to nu-merous retail and event entertainment-rich sites located with-in walking distance of the Project. Local restaurants, bars, and cafes, include RnR Restaurant and Bar, RA Sushi, and Rehab Burger Therapy. The overall property consists of approximately 8,315 square feet of space. Built in 1954, and remodeled in 2013, the former oc-cupant, “Pink Pony,” was a staple of Old Town Scottsdale. With a rich history and tremendous curbside appeal, 3831 N. Scotts-dale Road is among the most unique and rare properties you’ll find in the Greater Phoenix Metropolitan area. Now available for sale/lease, 3831 N. Scottsdale Road offers an expansive space for first-time and veteran buyers. For this particular property, the possibilities are endless.
WORLDWIDEREAL ESTATE SERVICES
PROPERTY OVERVIEW
This information has been secured from sources believed to be reliable, but no representations or warranties are made, expressed or implied, as to the accuracy of the information. References to square footage are approximate. Buyer and tenant must verify the information and bears all risk for any inaccuracies. All quoted prices are subject to change without notice.
FLOOR PLAN
WORLDWIDEREAL ESTATE SERVICES
This information has been secured from sources believed to be reliable, but no representations or warranties are made, expressed or implied, as to the accuracy of the information. References to square footage are approximate. Buyer and tenant must verify the information and bears all risk for any inaccuracies. All quoted prices are subject to change without notice.
CITY PARKING GARAGES2nd & Brown - +/-224 Parking StallsCenter for the Performing Arts Parking Garage - +/-368 Parking Stalls
PARCELParcel: 130-23-124 Lot Size: ± 8,745 SF
ZONINGC-2, DO City of Scottsdale
TRAFFIC COUNTSN. Scottsdale Rd & Indian School Rd - 21,800 VPDN. Scottsdale Rd & 1st St - 27,901 VPD
LICENSESSeries 6 Liquor License Arizona (can be purchased)
DRIVE TIMESScottsdale Quarter: 20 minutesASU Tempe: 12 minutesDowntown Phoenix: 19 minutesSky Harbor Airport: 17 minutesBiltmore Fashion Park: 15 minutes
HVAC9 Units 47 Tons of AC
OCCUPANCY265 People - TBD
PROPERTY DESCRIPTION
SITE PLAN
This information has been secured from sources believed to be reliable, but no representations or warranties are made, expressed or implied, as to the accuracy of the information. References to square footage are approximate. Buyer and tenant must verify the information and bears all risk for any inaccuracies. All quoted prices are subject to change without notice.
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OLD TOWN LOCAL
3831 N. Scottsdale Road
N. S
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This information has been secured from sources believed to be reliable, but no representations or warranties are made, expressed or implied, as to the accuracy of the information. References to square footage are approximate. Buyer and tenant must verify the information and bears all risk for any inaccuracies. All quoted prices are subject to change without notice.
• Exceptional Old Town Scottsdale location within walking distance of numerous high-end retail, restaurants and hotels including the W Hotel, Scottsdale Fashion Square (the highest grossing mall in the Southwestern US) and Scottsdale Wa-terfront (home to Scottsdale’s most upscale condos and retail shops).
• Easy access to local freeways providing connection to the labor markets of Scottsdale, Paradise Valley, Phoenix, Tempe, Mesa and Chandler.
• Since 2010 more than $400 million of private investment has occurred involving residential, retail, hotel and office de-velopment.
• Located minutes from the Scottsdale Galleria, the high-tech hub that houses over 4,000 employees from Yelp!, Weebly, SAP, and McKesson.
• More than 3,000 new luxury multifamily residential units recently completed or in final planning within a 3 mile radius.
LOCATION & MARKET
LOCATION & MARKET
This information has been secured from sources believed to be reliable, but no representations or warranties are made, expressed or implied, as to the accuracy of the information. References to square footage are approximate. Buyer and tenant must verify the information and bears all risk for any inaccuracies. All quoted prices are subject to change without notice.
WORLDWIDEREAL ESTATE SERVICES
N. SCOTTSDALE ROAD
FASHION SQUARE NordstromDillard’sMacy’sBurberryBulgariCartier
HerreraCrate & BarrelGucciH&MJimmy ChooKate Spade
Kona GrillLacosteLouis VuittonNeiman MarcusTiffany & Co.Yardhouse
SCOTTSDALE WATERFRONTP.F Chang’sDavid’s BridalCulinary DropoutWildfishVerizonUrban Outfitters
Vom Fass CreamistryEat Fit GoSauceHand Cut Zoe’s Kitchen
Olive & IvyPrimp & BlowDiane’s Beachwear18/8 SalonHigh PointRe/Max
Arcadia Farms CafeCoach HouseBeverly on MainCafe ForteCraft 64Old Town Tortilla FactoryCafe MonarchThe House Brasserie
BanderaKarsen’s Grill
Old Town Local Cafe/GelatoItalian Grotto
Rusty Spur SaloonKactus JockCrazy Horse
The Great Australian Bakery
David’s Hamburgers & Mexican FoodGilbert Ortega Galleries
Crown Jewelry Sunrise Gallery of Old Town
Rock of Ages Rocks and Gems of the Ages
Nonna Urban Eatery Wild West Galleries
Sugar BowlHula’s Modern TikiOld Town Gypsy
PendletonCactus Hut
Capriotti’s Sandwich ShopPita House
Pattie’s First Ave Lounge
Buca di Beppo ItalianGrimaldi’s Pizzeria Malee’s Thai Bistro
Aridus Wine CompanyArizona West Galleries
Bishop GalleryOld Town Candy and Toys
Legacy Gallery
E. MAIN STREET
Bourbon & BonesCold Beer & Cheeseburgers
Loco PatronMorning Squeeze
Original Chop ShopThe Brush BarRockbar Inc.Farm & Craft
America’s Taco ShopGrazie Pizzeria & Wine Cornish Pasty Alo Cafe Escape the Room Hotel Valley HoBODIModern Love Salon
Barrio Queen Cartel Coffee Lab
The Herb BoxCowboy CiaoDiego Pops
Geisha A Go GoBreakfast ClubThe Montauk
WORLDWIDEREAL ESTATE SERVICES
Culinary DropoutUrban OutfittersOlive & IvyP.F. ChangsDavid’s BridalCreamistry Handcut Chophouse
NordstromDillard’sMacy’sBurberryBulgariCartier
7526 E. Camelback Road
Wat
son
Rd
GOODYEAR
Baseline Rd
Broadway Rd
Mill
er R
d
Rain
bow
Val
ley
Rd
Dea
n Rd
PhoenixGoodyearAirport
Jack
Rabb
it Rd
Yuma Rd
BUCKEYE
Cott
on L
n
TOLLESON Buckeye Rd
AHWATUKEEBaseline Rd
Phoenix Sky Harbor Intl
Camelback Rd
McDowell Rd
Olive Ave
PARADISEVALLEY
GLENDALE
PEORIA
LITCHFIELDPARK
CHANDLER
MESA
TEMPE
GILBERT
FOUNTAINHILLS
SUPRISESUNCITY
SUNCITYWEST
EL MIRAGE
SCOTTSDALE
Elliot Rd
Warner Rd
Ray Rd
Chandler Blvd
Broadway Rd
Lower Buckeye Rd
Guadalupe Rd
Pow
er R
d
Rura
l Rd
Ariz
ona
Ave
McQ
ueen
Rd
Coop
er R
d
Mill
AvePrie
st D
r
University DrBroadway Rd
McDowell Rd
Val V
ista
Dr
Gre
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ld D
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McDowell Rd
McDonald Dr
Indian Bend RdLincoln Dr
24th
St
44th
St
Hay
den
Rd
Scot
tsda
le R
dShea Blvd
7th
StCe
ntra
l Ave
Dob
son
Rd
7th
Ave
Bell Rd
Greenway Rd
Cave
Cre
ek R
d
Bell Rd
Thunderbird Rd
GrandAve
43rd
Ave
83rd
Ave
59th
Ave
Waddell Rd
Olive Ave
Bell Rd
Camelback Rd
Glendale Ave
Northern Ave
Reem
s Rd
Litc
h�el
d Rd
LukeAFB
El M
irage
Rd
W. Happy Valley RdW. Happy Valley Rd
W. Deer Valley RdW. Deer Valley Rd
E. Carefree Hwy.
Cave
Cre
ek R
d
E. Pinnacle Peak RdE Pinnacle Peak Rd
N P
ima
Rd
CAREFREE
N. L
ake
Plea
sant
Pkw
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McDowell Rd
SCOTTSDALE, ARIZONA
Downtown Scottsdale provides a mix of special-ty retail, art galleries, dining, legendary nightlife, public art and cultural attractions. Downtown is more than a tourism destination, it’s also the city’s second largest employment center with in-novative and thriving technology and healthcare companies such as Yelp, Weebly, ZocDoc, Digital Air Strike, Outbound Engine, Clearlink, Indeed and Sisense.
3831 N. SCOTTSDALE RD
This information has been secured from sources believed to be reliable, but no representations or warranties are made, expressed or implied, as to the accuracy of the information. References to square footage are approximate. Buyer and tenant must verify the information and bears all risk for any inaccuracies. All quoted prices are subject to change without notice.
WORLDWIDEREAL ESTATE SERVICESThis information has been secured from sources believed to be reliable, but no representations or warranties are made, expressed or implied, as to the accuracy of the information.
References to square footage are approximate. Buyer and tenant must verify the information and bears all risk for any inaccuracies. All quoted prices are subject to change without notice.
CAMELBACK RD
E. INDIAN SCHOOL RD
OSBORN RD
N. S
COTT
SDA
LE R
D
PORTALES349 UNITS
OPTIMA CAMELVIEW675 UNITS
OPTIMA SONORAN VILLAGE
753 UNITS
SCOTTSDALE WATERFRONT
195 UNITS
BROADSTONEWATERONT259 UNITS
VALLEY HO19 UNITS
SEC 69TH & 1ST AVE6 TOWNHOMES
MARK CONDOS85 UNITS
STANDARDAT VALLEY HO
135 UNITS
ISTAR72 TOWNHOMES
SAFARI I &II200 UNITS
BLUE SKY250 UNITSPLANNED
MZ8 TOWNHOMES
ENVY112 CONDOS
STETSON EAST & WEST316 UNITS
PALLADIUM250 UNITS
SAN MARIN276 UNITS
LOFT AT 402021 UNITS
AERIUM213 UNITSPLANNED
AGAVE416 UNITSPLANNEDTEN WINE LOFTS
85 UNITSAERIUM ENCORE24 TOWNHOMES
PLANNED
MIXED USE PROJECT
7 TOWNHOMES
ALTA OSBORN277 UNITSPLANNED
MAIN ST33 UNITS
W16 UNITS
SITE
WORLDWIDEREAL ESTATE SERVICES This information has been secured from sources believed to be reliable, but no representations or warranties are made, expressed or implied, as to the accuracy of the information.
References to square footage are approximate. Buyer and tenant must verify the information and bears all risk for any inaccuracies. All quoted prices are subject to change without notice.
WALK-ABILITY
82%
OF DOWNTOWNSCOTTSDALE JOBSARE SALES JOBS
17.2%
OF DOWNTOWNSCOTTSDALE
POPULATION IS21-44 YEARS OLD
40.5%
“There is an amazing pool of quality talent in the area and we are extremely excited to have our new customer operations headquarters in Scottsdale.”
- David Rusenko, Co- founder, Weebly
“Scottsdale is becoming known as an emerging center for technology development and is in-creasingly becoming the location of choice for New York and San Francisco companies look-ing for national expansion.”
- City of Scottsdale Economic Development
Downtown Scottsdale is known for having a wide variety of impressive dining options, out-door activities, shopping, and exciting nightlife – but it is also the new location for firms seek-ing to attract younger, tech-savvy employees that desire a great job nestled among a relaxed urban atmosphere.
SCOTTSDALE DEMOGRAPHICS
SCOTTSDALE
This information has been secured from sources believed to be reliable, but no representations or warranties are made, expressed or implied, as to the accuracy of the information. References to square footage are approximate. Buyer and tenant must verify the information and bears all risk for any inaccuracies. All quoted prices are subject to change without notice.
DEMOGRAPHICSDEMOGRAPHICS
POPULATION 2016 POPULATION 2021
87,083 92,4326.14% GROWTH
HOUSEHOLDS 2016 HOUSEHOLDS 2021
40,198 42,6356.06% GROWTH
AVERAGE HH INCOME 2016 AVERAGE HH INCOME 2021
87,083 92,4328.78% GROWTH
POPULATION AGES 25-34 2016
13,16214.7% TOTAL POPULATION
MAJORITY AGE: 25 - 34
APPAREL SALES 2016
$373.4 MILLIONALCOHOLIC BEVERAGESAWAY FROM HOME 2016
$94.7 MILLION & 94 INDEX
FOOD AWAY FROM HOME 2016
SERVICES | 20,662 EMPLOYEES
42.4% OF EMPLOYMENT POOLALCOHOLIC BEVERAGESAWAY FROM HOME 2016
23.3% OF EMPLOYMENT POOL
FINANCE/INSURANCE/RE | 10,500 EMPLOYEES
21.5% OF EMPLOYMENT POOL
$572.2 MILLION & 94 INDEX
7 - MINUTERADIUS
15 - MINUTERADIUS
5 - MINUTERADIUS
