Add Listing
    For Lease
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings

    1290 Scottsdale Rd Chandler, AZ 85224

    View on Map
    Loading data...
    Loading data...
    Loading data...
    For Lease
    Contact for pricing

    Goodwill-anchored shopping center; two suites available.

    Lot size:
    58,061 SF

    Property Features for 1290 Scottsdale Rd

    General Information

    Property type
    Lifestyle centers
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    58,061 SF
    Total Rate
    53222.58

    Building Details

    Year Built
    1990

    Spaces For Lease

    at 1290 Scottsdale Rd, Chandler, AZ 85224 Contact us
    Unit Suite 121

    $11 /Mo

    Size
    4,799 SF
    Contact us
    Unit Suite 102-104

    $11 /Mo

    Size
    5,648 SF
    Contact us

    We can help!

    Listing Contact
    Matt Schrauth
    Matt Schrauth

    Listing Agency: Avison Young | Phoenix Listing Agent: Matt Schrauth

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

    Learn more

    Overview

    Invest in this prime retail opportunity at Rio Salado Courtyard, a well-established shopping center in Maricopa County. This 58,061 square foot center, built in 1990, offers two available suites perfect for a variety of retail businesses. Suite 102-104 boasts 5,648 contiguous square feet, while Suite 121 provides 4,799 square feet – the minimum divisible space. A total of 10,447 square feet is currently vacant, presenting a significant opportunity for expansion or multiple tenants. The property benefits from ample parking, ensuring convenient access for customers. The center is anchored by Goodwill, providing strong existing traffic and visibility. The lease rate is $11 per square foot, triple net (NNN). This established location offers a strong foundation for your business, with the potential for immediate occupancy and significant return on investment. Don't miss this chance to secure your space in this thriving retail environment. Contact us today to schedule a viewing.
    Property Profile Location Intelligence

    Current Use by Public Records

    Lifestyle centers

    Map

    City
    Chandler
    County
    Maricopa
    State
    Arizona
    Longitude
    -111.8747445
    Latitude
    33.3260297

    Nearby Similar for Lease

    • Sponsored
      Contact for pricing

      AZ, Chandler - Alma School Rd

      Discover many ways to work your way in Bellevue Skyline Tower
      1351 Alma School Rd, Chandler, AZ 85224
      View Details
    • $28 SF/Yr
      2,405 SF

      Chandler Medical Office Space Available

      Multi-tenant medical office building in rapidly growing Chandler, Arizona.
      1343 North Alma School Rd, Chandler, AZ 85224
      View Details
    • Contact for pricing

      San Tan Corporate Center II

      Meet, work or collaborate in our professional The Pinnacle Building business center
      3100 Ray Rd, Chandler, AZ 85226
      View Details
    • $31 SF/Yr

      Professional Office Suite For Lease

      Office suite available for lease in Chandler, Arizona.
      2425 S Stearman Dr, Chandler, AZ 85286
      View Details
    • Contact for pricing

      Retail Space in Kyrene Village

      Retail spaces available in Chandler, Arizona's Kyrene Village.
      6085 East Chandler Blvd, Chandler, AZ 85225
      View Details
    • $28 SF/Yr

      Chandler Office Space Available

      Office space for lease with private offices and roll-up door.
      398 S Arizona Ave, Chandler, AZ 85225
      View Details
    • $28 SF/Yr

      Chandler Office Space Available

      Office space for lease in Chandler, Arizona, with abundant parking.
      398 S Arizona Ave, Chandler, AZ 85225
      View Details
    • $1.30 SF/Yr

      Chandler Office Space Available

      Office space for rent in Chandler, Arizona.
      2221 N Nevada St, Chandler, AZ 85225
      View Details
    • $34 SF/Yr
      9,513 SF

      Chandler Medical Office Spec Suite

      Medical office space in fast-growing Chandler, near major hospitals.
      555 West Chandler Blvd, Chandler, AZ 85225
      View Details
    • $31 SF/Yr

      Chandler Office Suite For Lease

      Professional office suite available for lease in Chandler, Arizona.
      2425 S Stearman Dr, Chandler, AZ 85286
      View Details
    • Contact for pricing
      34,448 SF

      Chandler Office Space Available

      Office space for lease in Chandler, Arizona.
      2450 S Gilbert Rd, Chandler, AZ 85286
      View Details
    • $1.35 SF/Yr

      Chandler Flex Space For Lease

      Office suite/warehouse space available for lease in Chandler, Arizona.
      170 E Corporate Pl, Chandler, AZ 85225
      View Details

    FAQs

    What type of property is this?
    Lifestyle center - Goodwill-anchored shopping center; two suites available.
    Where is this lifestyle center located?
    The property is located at 1290 Scottsdale Rd Chandler, AZ.
    What is the lease rate?
    The lease rate is $11 SF/Yr.
    What are key features of this property?
    This property features: 58,061 SF retail shopping center.; 1990 construction.; Available suites: 5,648 SF and 4,799 SF.
    (602) 684-6209 Call to check price and availability
    Request Owner's contact information
    1290 Scottsdale Rd Chandler, AZ 85224
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    1290 Scottsdale Rd
    Chandler, AZ 85224
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    1290 Scottsdale Rd Chandler, AZ 85224
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    We can help!
    Contact for Pricing
    Please call us for current price
    and status of this listing Matt Schrauth
    Matt Schrauth
    Real Estate License ID: SA033269000
    (602) 684-6209 (480) 994-8155 (480) 423-7953
    Learn more
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!