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Safeway-Anchored Shopping Center
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23425 N Scottsdale Rd, Scottsdale, AZ 85255

Safeway and Ace Hardware anchor a mix of dining, service, and financial businesses at the center.

Property Size113,108 SF
Days on Market2

Property Features for 23425 N Scottsdale Rd

General Information

Standard status Active
Size 113,108 SF
Property subtype Retail

Site & Location

Corner Location Yes
Anchor Co-Tenants Safeway, Ace Hardware
Traffic Count 51,000 vehicles/day

Building Details

Building Size 113,108 SF
Year Built 1991
Tenancy Multi

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Listing Agency: Western Retail Advisors, LLC
Listed By: Bryan Ledbetter · License #SA115322000
Source: W-retail
Added: Oct 9 Changed: Oct 10 Last Checked: Oct 10 at 2:36AM

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 Western Retail Advisors, LLC

Investment Insights

Based on property information with market context.

This 1991 shopping center in North Scottsdale is anchored by Safeway and Ace Hardware. Its tenant mix also includes dining, service, and financial businesses, among them Starbucks, Merrill Lynch, and Wells Fargo, along with locally owned restaurants. A two-level parking structure serves shoppers on site.

The property occupies the signalized intersection of Scottsdale Road and Pinnacle Peak Road, where the roads carry nearly 51,000 combined vehicles per day. Established residential communities surrounding the center include Grayhawk, Desert Highlands, Estancia, and Troon Village.

Key Highlights

  • Safeway and Ace Hardware serve as the center's anchors
  • Tenant mix includes Starbucks, Merrill Lynch, Wells Fargo, and locally owned restaurants
  • Signalized Scottsdale Road and Pinnacle Peak Road intersection

Property Analytics

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Current Use

Signature Cafe Cafe & Coffee Shop Arizona Hair Co ... Hair Salon medspa810 - Scottsdale Rd Spa & Massage Center Pinnacle Of Scottsdale Shopping Center & Mall Medspa810 Spa & Massage Center

Suggested Use

Top Pick Auto Parts Store Hair Salon Garden Center Furniture & Home Goods Grocery & Convenience Store Electrical 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

51,000 VPD
Traffic count
Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

685
Businesses Nearby
131k
Monthly Visits Nearby
Well-served
Demand for This Use

Foot Traffic Nearby

Groceries 41% Dining 22% Shops & Services 21% Home Improvements & Furnishings 14%
Safeway Groceries
29,365 visits/mo 0.1 miles
Sprouts Farmers Market Groceries
24,069 visits/mo 0.1 miles
Shell Shops & Services
17,488 visits/mo 0.1 miles
Pinnacle Peak Ace Hardware Home Improvements & Furnishings
13,617 visits/mo 0.1 miles
Starbucks Dining
8,995 visits/mo 0.2 miles

Demographics for 85255, AZ

44,976
Population
23,016
Households
2
Avg Household Size
51
Median Age
68%
College-Educated
98%
High-School Grad
88.2 sq mi
ZIP Area
510
Density / Sq Mi
$143,567
Median Household Income
$93,339
Median Earnings
$2,401
Median Rent
$975,300
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

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
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Similar Off Market Nearby

  • Silverstone Marketplace — Silverstone Marketplace, N Scottsdale Rd, Scottsdale, AZ 85255
  • Pinnacle Of Scottsdale — 23425 N Scottsdale Rd, Scottsdale, AZ 85255
  • Sunset at Pinnacle Peak — 7605 E Pinnacle Peak Rd, Scottsdale, AZ 85255
  • Coinstar Kiosk | Bitcoin ATM — Safeway, 23565 North Scottsdale Road, Scottsdale, AZ 85255

Frequently Asked Questions

What type of property is this?
Shopping center - Safeway and Ace Hardware anchor a mix of dining, service, and financial businesses at the center.
Where is this shopping center located?
The property is located at 23425 N Scottsdale Rd Scottsdale, AZ.
What are key features of this property?
This property features: Safeway and Ace Hardware serve as the center's anchors; Tenant mix includes Starbucks, Merrill Lynch, Wells Fargo, and locally owned restaurants; Signalized Scottsdale Road and Pinnacle Peak Road intersection
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