Search
Scottsdale Retail Space For Sale
For Sale
Contact for pricing

16231 N Scottsdale Rd, Scottsdale, AZ 85254

Prime retail location in North Scottsdale's trade area.

Property Size569,558 SF
Days on Market253

Property Features for 16231 N Scottsdale Rd

General Information

Standard status Active
Size 569,558 SF
Property subtype Retail

Building Details

Year Built 1999
Listing Agency: Western Retail Advisors, LLC
Listed By: Ryan Desmond · License #SA630590000
Source: W-retail
Added: Nov 25, 2025 Changed: Jul 10 Last Checked: Aug 4 at 5:21AM

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.

Located in the exclusive North Scottsdale retail trade area at Scottsdale Road and Frank Lloyd Wright, this property benefits from high visibility with nearly 120,000 cars per day at the intersection. The area boasts an average household income of over $170,000 within a 1-mile radius. The property presents a 2nd generation restaurant opportunity with a patio. Limited shop space is available. Over 2,200 multi-family units are either planned or under construction within walking distance. Regional attractions include Kierland Commons, Scottsdale Quarter, Scottsdale Airpark, and TPC Scottsdale. Furthermore, the approved $1B mixed-use "The Parque" project just south of the property will include approximately 1,236 dwelling units, a 223-room hotel, and a 150,000 SF office building, totaling more than 2 million square feet of planned development. The property is suitable for restaurants and retail businesses.

Key Highlights

  • Prime location at Scottsdale Rd & Frank Lloyd Wright in North Scottsdale's exclusive retail area.
  • High traffic intersection with nearly 120,000 cars per day.
  • 2nd Generation Restaurant Opportunity with Patio.**

Property Analytics

Current Use

Benefit Cosmetics BrowBar Hair Salon Ulta Beauty Hair Salon Hierholcer LLC Hardware & Home Improvement

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store Grocery & Convenience Store Pet Grooming Service Catering Service Wine and Liquor Store Butcher

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

Location Intelligence

Trade Area within ½ mile

2,176
Businesses Nearby
418k
Monthly Visits Nearby
Under-served
Demand for This Use

Foot Traffic Nearby

Dining 31% Shops & Services 19% Home Improvements & Furnishings 18% Groceries 16%
Trader Joe's Groceries
68,826 visits/mo 0.4 miles
In-N-Out Burger Dining
63,243 visits/mo 0.3 miles
Lowe's Home Improvements & Furnishings
40,715 visits/mo 0.3 miles
Nordstrom Rack Apparel
30,850 visits/mo 0.2 miles
Michaels Shops & Services
22,937 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

Properties on Market for Restaurants in Scottsdale

Feb
Mar
Apr
May
Jun
Jul

Vacancy Rate% for Retail in West region

7% 2020
6.3% 2021
5.5% 2022
5.3% 2023
5.5% 2024
5.8% 2025
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Frequently Asked Questions

What type of property is this?
Restaurant - Prime retail location in North Scottsdale's trade area.
Where is this restaurant located?
The property is located at 16231 N Scottsdale Rd Scottsdale, AZ.
What are key features of this property?
This property features: Prime location at Scottsdale Rd & Frank Lloyd Wright in North Scottsdale's exclusive retail area.; High traffic intersection with nearly 120,000 cars per day.; 2nd Generation Restaurant Opportunity with Patio.**
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message