Scottsdale Powersports Dealership Investment
For Sale
Contact for pricing
10781 N Frank Lloyd Wright Blvd, Scottsdale, AZ 85259
Profitable single-tenant NNN investment opportunity in Scottsdale, Arizona.
Property Size14,550 SF
Lot Size1.71 Acres
Price / SF$274.23
Days on Market1468
Property Features for 10781 N Frank Lloyd Wright Blvd
General Information
Standard status
Active
Size
14,550 SF
Class
B
Total Parking Spaces
68
Lot size
1.71 Acres
Property subtype
Retail
Zoning
C-3
Occupancy
100%
Lease Type
NNN
Investment Type
Net Lease
Net Operating Income
$282,000
Building Details
Year Built
2001
Year Renovated
2020
Buildings
1
Stories
1
Tenancy
Single
Listing Agency:
RE/MAX Excalibur
Listed By:
Douglas daCosta · License #BR042872000
(480) 355-5636
Source:
Crexi
Added: Oct 15, 2022
Changed: Oct 7
Last Checked: Oct 20 at 8:46PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of RE/MAX Excalibur
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Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This property is a Nash Powersports Dealership located in Scottsdale, Arizona, and offered as a single-tenant NNN investment opportunity. The property features a fully remodeled 14,550-square-foot building on a 1.71-acre lot. It occupies a corner location near Frank Lloyd Wright Boulevard and Shea Boulevard. The dealership has a ten-year lease with over 7 years remaining. The property has C-3 Highway Commercial zoning and high visibility from major thoroughfares. It is located at 10781 N Frank Lloyd Wright Blvd, Scottsdale, AZ 85259.
Key Highlights
- Single tenant NNN investment opportunity with a stable lease from Nash Powersports.
- Prime corner location in Scottsdale, Arizona.
- Fully remodeled 14,550 sqft building on a spacious 1.71‑acre lot.
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$334,345
Cap Rate
8.38%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$6,686,900
$6.7M
Cap Rate 7%
$4,776,357
$4.8M
Cap Rate 9%
$3,714,944
$3.7M
Market Conditions
NOI Build-Up for 14,550 SF
Gross rent
$488.9K $33.60/SF
− Vacancy
−$11.2K −$0.77/SF
EGI
$477.6K $32.83/SF
− OpEx
−$143.3K −$9.85/SF
NOI
$334.3K $22.98/SF
Area
Scottsdale, AZ
Vacancy
2.30%
Lease Rate
$33.60 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$6,686,900
Cap Rate 7%
$4,776,357
Cap Rate 9%
$3,714,944
Alternative Uses
Best Use
Retail
$4.78M
$4.18M – $5.57M
NOI $334,345 @ 7.0% cap · market cap 8.38%
Second Best
Industrial
$2.88M
$2.52M – $3.36M
NOI $201,309 @ 7.0% cap · market cap 5.05%
Theoretical Best
—
—
same as Best Use
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
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Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
737
Businesses Nearby
146k
Monthly Visits Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 37%
Dining 32%
Groceries 23%
Home Improvements & Furnishings 4%
Albertsons
Groceries
33,796 visits/mo
0.4 miles
McDonald's
Dining
15,277 visits/mo
0.4 miles
Dollar Tree
Shops & Services
14,223 visits/mo
0.4 miles
Chevron
Shops & Services
14,095 visits/mo
0.4 miles
Taco Bell
Dining
8,351 visits/mo
0.3 miles
Demographics for 85259, AZ
22,548
Population
10,864
Households
2.1
Avg Household Size
51
Median Age
69%
College-Educated
99%
High-School Grad
20.7 sq mi
ZIP Area
1,089
Density / Sq Mi
$145,574
Median Household Income
$80,502
Median Earnings
$1,769
Median Rent
$956,300
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Retail in West region
Similar Off Market Nearby
- U-Haul Neighborhood Dealer — 10501 N 116th St, Scottsdale, AZ 85259
- Scottsdale Car Rental — N 114th St, Scottsdale, AZ 85259, United States
- Penske Truck Rental — 11000 N 115th St, Scottsdale, AZ 85259
Frequently Asked Questions
What type of property is this?
Automotive property - Profitable single-tenant NNN investment opportunity in Scottsdale, Arizona.
Where is this automotive property located?
The property is located at 10781 N Frank Lloyd Wright Blvd Scottsdale, AZ.
What is the asking price?
The asking price for this property is $3,990,000.
What are key features of this property?
This property features: Single tenant NNN investment opportunity with a stable lease from Nash Powersports.; Prime corner location in Scottsdale, Arizona.; Fully remodeled **14,550 sqft building** on a spacious **1.71‑acre lot**.
