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Multi-Tenant Retail Building
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8698 E Raintree Dr, Scottsdale, AZ 85260

Class A multi-tenant retail building with freeway frontage and an established tenant mix.

Property Size29,444 SF
Days on Market121

Property Features for 8698 E Raintree Dr

General Information

Standard status Active
Size 29,444 SF
Class A
Property subtype Retail

Site & Location

Highway Access Yes
Road Access Yes

Building Details

Tenancy Multi
Listing Agency: Newmark
Listed By: Jesse Goldsmith · License #AZ SA586241000
Source: Crexi
Added: Apr 11 Changed: Aug 8 Last Checked: Jul 23 at 6:36AM

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 Newmark

Investment Insights

Based on property information with market context.

The Shops @ Raintree is a 129,444 SF multi-tenant retail building presented as a Class A retail investment. The tenant mix noted in the offering includes Boot Barn, Inc., Enterprise Bank & Trust, Massage Envy, Ski Pro/Spirit, and Brooklyn Bedding.

The property is located along the 101 freeway, just north of Raintree Drive, with frontage on 87th Street.

The surrounding area is described as a national retail corridor, with retailers listed including Kohl’s, At Home, Wal-Mart, Starbucks, and Chick-fil-A. The remarks also note a newly approved 330-unit Class A apartment complex adjacent to the retail property that is set to open in 2020.

Key Highlights

  • Class A multi‑tenant retail building totaling 29,444 SF
  • Located along the 101 freeway with frontage on 87th Street, just north of Raintree Drive
  • Established tenant roster includes Boot Barn, Enterprise Bank & Trust, Massage Envy, Ski Pro/Spirit, and Brooklyn Bedding

Property Analytics

Current Use

Enterprise Bank & Trust Bank Boot Barn Clothing & Fashion Store Brooklyn Bedding Furniture & Home Goods Enterprise Bank & Trust ... Atm Enterprise Bank & Trust ... Atm

Suggested Use

Top Pick Grocery & Convenience Store Garden Center Pet Grooming Service Parking Lot & Garage Butcher (Bike/Boat/Book/etc) Store

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

Multi-tenant
Tenancy
Yes
Highway access
Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

3,637
Businesses Nearby
156k
Monthly Visits Nearby
Balanced
Demand for This Use

Foot Traffic Nearby

Dining 41% Shops & Services 36% Apparel 23%
Kohl's Apparel
35,352 visits/mo 0.2 miles
Chick-fil-A Dining
33,578 visits/mo 0.2 miles
Shell Shops & Services
12,305 visits/mo 0.2 miles
Panera Bread Dining
11,085 visits/mo 0.2 miles
Mongolian Grill Dining
9,253 visits/mo 0.1 miles

Demographics for 85260, AZ

37,967
Population
21,072
Households
1.8
Avg Household Size
47
Median Age
59%
College-Educated
97%
High-School Grad
14.2 sq mi
ZIP Area
2,674
Density / Sq Mi
$103,854
Median Household Income
$62,835
Median Earnings
$1,969
Median Rent
$637,000
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
Rey
Questions? Ask Rey
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Similar Off Market Nearby

  • Gateway101 15811 N Frank Lloyd Wright Blvd #115, Scottsdale, AZ 85260
  • Scottsdale Towne Center 15444 N Frank Lloyd Wright Blvd, Scottsdale, AZ 85260
  • Northsight Plaza 15223 N 87th St #115, Scottsdale, AZ 85260

Frequently Asked Questions

What type of property is this?
Shopping center - Class A multi-tenant retail building with freeway frontage and an established tenant mix.
Where is this shopping center located?
The property is located at 8698 E Raintree Dr Scottsdale, AZ.
What are key features of this property?
This property features: Class A multi‑tenant retail building totaling 29,444 SF; Located along the 101 freeway with frontage on 87th Street, just north of Raintree Drive; Established tenant roster includes Boot Barn, Enterprise Bank & Trust, Massage Envy, Ski Pro/Spirit, and Brooklyn Bedding
(480) 241-5146 Call to check price and availability
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