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4321 N Scottsdale Rd Scottsdale, AZ 85251

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For Sale
$7,840,000

NNN investment opportunity in the heart of Old Town Scottsdale.

Property size:
9,551 SF

Property Features for 4321 N Scottsdale Rd

General Information

Size
9,551 SF

Building Details

Year built
1963

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Listing Contact
Richard Lewis Jr.
Source: Svndesertcommercial

Listing Agent: Richard Lewis Jr.

Displayed information is deemed reliable but is not guaranteed and should be independently verified.

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Overview

Old Town Scottsdale NNN Investment

This NNN investment opportunity is located in the heart of Old Town Scottsdale. The property is occupied by Barstool Sports, on an initial ten-year lease. The Scottsdale location operates as a bar, restaurant, and nightclub. It is located in the northern pocket of Old Town Scottsdale, near the W Scottsdale, The Remi Scottsdale, Scottsdale Fashion Square Mall, and Scottsdale Waterfront. The property lies within a qualified census tract for the Scottsdale opportunity zone. Barstool's initial lease commenced in June 2022 and expires in May 2032, with two options to extend for a period of 5 additional years each. The property is approximately 9,551 square feet, with 5,878 square feet on the 1st floor and 3,673 square feet on the 2nd floor, and includes a large outdoor patio facing Scottsdale Road. The lease includes 3% annual increases.
Location Intelligence

Current Use by Public Records

Barstool Scottsdale Bar & Grill cfgvc 1 Funeral Director

Suggested Use

Restaurant Realty agency Law Firm Building Supply Dental Office Spa & Massage Wholesale Shop Auto Repair Shop Hair Salon Nail Salon

Zoning and permitted uses should be independently verified with local authorities.

Similar Places Nearby

Echo Coffee, Atlas Wines, The Well Bar, On the Rocks, T T Roadhouse

Location Insight

  • Map
  • Local Demand
City
Scottsdale
County
Maricopa
State
Arizona
Longitude
-111.925754
Latitude
33.4990642

FAQs

What type of property is this?
Bar - NNN investment opportunity in the heart of Old Town Scottsdale.
Where is this bar located?
The property is located at 4321 N Scottsdale Rd Scottsdale, AZ.
What is the asking price?
The asking price for this property is $7,840,000.
What are key features of this property?
This property features: - Absolute NNN lease with Barstool Sports, a nationally recognized brand, as the tenant.; - Prime location in the heart of Old Town Scottsdale, a high-traffic area with strong daytime and nighttime activity.; - Initial 10-year lease term with two 5-year extension options, providing long-term income potential.
More about this property
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