Listing Agency: Western Retail Advisors, LLC c***@w-retail.com Show Phone

Listed By: Neil Board

Source: Moodyscre

Added: Jan 2, 2024 Changed: Jul 6 Last Checked: Jul 21 at 7:05AM

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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 Western Retail Advisors, LLC

Investment Insights

Based on property information with market context.

This retail space is located in a shopping center on Scottsdale Road. The available shop space measures 3,600 square feet. The shopping center is anchored by Whole Foods.

Key Highlights

• Whole Foods Anchored Center
• Exceptional Scottsdale Road Center
• 3,600 SF Shops Space Available

Property Analytics

Property Profile

Current Use

Volta Charging Station Electric Vehicle Charging Station Scottsdale Sandwich Restaurant WFM Coffee & Juice ... Cafe & Coffee Shop Iya Oaxaca! Restaurant Amazon Hub Locker ... Postal Service

Suggested Use

Top Pick Building Supply Big Box & Wholesale Store Auto Parts Store Parking Lot & Garage Storage Facility Kitchen & Bath Showroom

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

NNN (Triple Net)

Lease Type

Location Intelligence

Trade Area within ½ mile

764

Businesses Nearby

30k

Monthly Visits Nearby

Balanced

Demand for This Use

Explore this area Business Placement

Foot Traffic Nearby

Dining 38% Home Improvements & Furnishings 28% Hotels & Casinos 19% Shops & Services 15%

Lou Malnati's Pizzeria Dining

11,327 visits/mo 0.2 miles

The Container Store Home Improvements & Furnishings

7,333 visits/mo 0.0 miles

Porsche North Scottsdale Shops & Services

4,385 visits/mo 0.4 miles

Hyatt House North Scottsdale Hotels & Casinos

3,606 visits/mo 0.2 miles

Hyatt Place Hotels & Casinos

2,146 visits/mo 0.2 miles

Market

Lease Benchmarks for Phoenix, AZ

$15.05 /SF/Yr

Avg Asking Price

$1.19–$32 /SF/Yr

Price Range

8,944 SF

Avg Space Size

Vacancy Rate% for Retail in Phoenix, AZ

8.5% 2019

8.7% 2020

7.4% 2021

5.6% 2022

5.1% 2023

5.4% 2024

5.3% 2025

Questions? Ask Rey

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What type of property is this? Where is this shopping centers located? What is the lease rate? Find similar properties ... What are key features of this property?

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Frequently Asked Questions

What type of property is this?

Shopping center - Retail space available in Scottsdale Road shopping center.

Where is this shopping center located?

The property is located at 7111 E Mayo Blvd Phoenix, AZ.

What are key features of this property?

This property features: Whole Foods Anchored Center; Exceptional Scottsdale Road Center; 3,600 SF Shops Space Available