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Multi-Tenant Retail Shopping Center
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7111 E 5th Ave, Scottsdale, AZ 85251

Leased retail property with C-2 zoning in Old Town Scottsdale.

Property Size9,826 SF
Lot Size0.23 Acres
Days on Market144

Property Features for 7111 E 5th Ave

General Information

Standard status Active
Size 9,826 SF
Lot size 0.23 Acres
Property subtype Retail
Zoning C-2

Additional Details

Corner Location Yes

Building Details

Buildings 1
Tenancy Multi
Listing Agency: Marcus & Millichap - Phoenix
Listed By: Art Rullo · License #AZ BR530400000
Source: Crexi
Added: Apr 12 Changed: Aug 31 Last Checked: Aug 30 at 4:25PM

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 Marcus & Millichap - Phoenix

Investment Insights

Based on property information with market context.

This multi-tenant retail property includes two land parcels totaling ±10,219 square feet and an actively leased 9,826 square-foot retail building. The building supports a multi-occupant format within a shopping and dining-oriented commercial setting. The property is positioned at 7111 E 5th Ave in Scottsdale, at the southwest corner of East 5th Avenue and N. Craftsman Court.

The surrounding Old Town Scottsdale area features specialty shopping, restaurants, entertainment, pedestrian activity, bicycle-taxis, and a free trolley. Nearby 5th Avenue businesses include The Chop Shop, Cartel Coffee, FnB restaurant, and 5th & Wine. The property is also near Scottsdale Road and trolley stops.

The site is within a Type 1 Development district and carries underlying C-2 zoning. The Old Town Scottsdale Character Area Plan and Downtown zoning framework further identify multiple downtown land-use designations and development types.

Key Highlights

  • Two land parcels totaling ±10,219 square feet
  • Actively leased 9,826 square‑foot multi‑tenant retail building
  • Southwest corner of East 5th Avenue and N. Craftsman Court

Property Analytics

Current Use

GemTime Watch & Jewelry ... (Bike/Boat/Book/etc) Store Crisp Premium Pizza Restaurant Luv Luxe Discount Store Benjamin's Grocery & Convenience Store Sunset Treasure (Bike/Boat/Book/etc) Store

Suggested Use

Top Pick Building Supply Auto Repair Shop Auto Parts Store Big Box & Wholesale Store Storage Facility Dental Office

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

Location Intelligence

Trade Area within ½ mile

6,534
Businesses Nearby
596k
Monthly Visits Nearby
Well-served
Demand for This Use

Foot Traffic Nearby

Apparel 57% Dining 21% Hotels & Casinos 9% Shops & Services 6%
Nordstrom Apparel
125,026 visits/mo 0.2 miles
Macy's Apparel
87,401 visits/mo 0.4 miles
Dillard's Apparel
61,262 visits/mo 0.5 miles
T.J. Maxx Apparel
43,604 visits/mo 0.5 miles
Sprouts Farmers Market Groceries
23,976 visits/mo 0.5 miles

Demographics for 85251, AZ

40,073
Population
26,456
Households
1.5
Avg Household Size
39
Median Age
60%
College-Educated
96%
High-School Grad
7.2 sq mi
ZIP Area
5,566
Density / Sq Mi
$89,151
Median Household Income
$60,282
Median Earnings
$1,771
Median Rent
$500,700
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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Frequently Asked Questions

What type of property is this?
Shopping center - Leased retail property with C-2 zoning in Old Town Scottsdale.
Where is this shopping center located?
The property is located at 7111 E 5th Ave Scottsdale, AZ.
What are key features of this property?
This property features: Two land parcels totaling ±10,219 square feet; Actively leased 9,826 square‑foot multi‑tenant retail building; Southwest corner of East 5th Avenue and N. Craftsman Court
(602) 687-6669 Call to check price and availability
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