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

Listed By: Bryan Ledbetter · License #SA630590000

Source: Moodyscre

Added: Jul 12, 2024 Changed: Jul 10 Last Checked: Jul 21 at 6:25AM

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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 property offers restaurant and retail space in Scottsdale, Arizona. The location benefits from high visibility, with over 80,000 cars per day at the intersection. The surrounding area boasts an average household income exceeding $155,000 within a 1-mile radius. Nearby regional attractions include Kierland Commons, Scottsdale Quarter, Scottsdale Airpark, and the TPC Golf Course. The property offers second-generation restaurant opportunities. The property size is 3,753 square feet.

Key Highlights

• 2nd Generation Restaurant Opportunities!
• High Traffic Location: Over 80,000 cars per day at the intersection.
• Affluent Area: Average Household Income over $155,000 within 1 mile.

Property Analytics

Property Profile

Current Use

Retail space

Suggested Use

Top Pick Garden Center Grocery & Convenience Store Daycare Center Veterinary Clinic Pet Grooming Service Catering Service

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

678

Businesses Nearby

134k

Monthly Visits Nearby

Under-served

Demand for This Use

Explore this area Business Placement

Foot Traffic Nearby

Shops & Services 37% Dining 31% Groceries 25% Home Improvements & Furnishings 5%

Albertsons Groceries

33,796 visits/mo 0.3 miles

McDonald's Dining

15,277 visits/mo 0.2 miles

Dollar Tree Shops & Services

14,223 visits/mo 0.3 miles

Chevron Shops & Services

14,095 visits/mo 0.2 miles

Taco Bell Dining

8,351 visits/mo 0.3 miles

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

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Frequently Asked Questions

What type of property is this?

Restaurant - Restaurant/retail space available in Scottsdale, with high traffic volume.

Where is this restaurant located?

The property is located at 16495 E Frank Lloyd Wright Blvd Scottsdale, AZ.

What are key features of this property?

This property features: 2nd Generation Restaurant Opportunities!; High Traffic Location: Over 80,000 cars per day at the intersection.; Affluent Area: Average Household Income over $155,000 within 1 mile.