Listing Agency: Common Bond Development Group Show Phone

Listed By: Alex Clark Show Phone

Source: Moodyscre

Added: Jun 3 Changed: Jul 28 Last Checked: Aug 3 at 1:25PM

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Investment Insights

Based on property information with market context.

This Safeway-CVS anchored shopping center is positioned in the heart of Central Scottsdale. The center benefits from a strong retail mix supported by major national anchors.

The property is located at the Scottsdale Rd and Shea Blvd intersection, where combined traffic counts total 167,000 vehicles per day, supporting consistent visibility and customer flow. Public remarks also cite outstanding local demographics, including an average income of $132,331 within 2 miles.

For tenants seeking a storefront environment in a heavily trafficked, anchor-supported retail setting, this center’s location and baseline demand drivers are key considerations.

Key Highlights

• Safeway‑CVS anchored shopping center in Central Scottsdale
• Located at the Scottsdale Rd and Shea Blvd intersection
• Center captures traffic counts of 167,000 vehicles per day at the intersection

Property Analytics

Current Use

Shopping centers

Suggested Use

Top Pick Building Supply Auto Repair Shop Auto Parts Store Parking Lot & Garage Big Box & Wholesale Store Garden Center

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

167,000 VPD

Traffic count

NNN (Triple Net)

Lease Type

Location Intelligence

Trade Area within ½ mile

2,329

Businesses Nearby

312k

Monthly Visits Nearby

Balanced

Demand for This Use

Explore this area Business Placement

Foot Traffic Nearby

Dining 40% Shops & Services 26% Groceries 21% Leisure 7%

Raising Cane's Chicken Fingers Dining

38,652 visits/mo 0.1 miles

Safeway Groceries

37,410 visits/mo 0.1 miles

Total Wine & More Groceries

29,148 visits/mo 0.3 miles

Circle K Shops & Services

22,834 visits/mo 0.4 miles

Harkins Theatres Shea 14 Leisure

22,062 visits/mo 0.1 miles

Demographics for 85254, AZ

46,352

Population

21,469

Households

2.2

Avg Household Size

45

Median Age

60%

College-Educated

97%

High-School Grad

13.7 sq mi

ZIP Area

3,383

Density / Sq Mi

$120,885

Median Household Income

$61,953

Median Earnings

$1,954

Median Rent

$701,900

Median Home Value

Market

Vacancy Rate% for Retail in West region

7% 2020

6.3% 2021

5.5% 2022

5.3% 2023

5.5% 2024

5.8% 2025

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Frequently Asked Questions

What type of property is this?

Shopping center - Safeway and CVS anchored shopping center on Scottsdale Rd and Shea Blvd intersection with 167,000 vehicles daily.

Where is this shopping center located?

The property is located at 10629-10869 N Scottsdale Rd Scottsdale, AZ.

What are key features of this property?

This property features: Safeway‑CVS anchored shopping center in Central Scottsdale; Located at the Scottsdale Rd and Shea Blvd intersection; Center captures traffic counts of 167,000 vehicles per day at the intersection