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    Ashler Hills Dr Scottsdale, AZ 85266

    For Lease
    Contact for pricing

    Upscale Scottsdale shopping center spaces available.

    Lot size:
    190,611 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    362
    The Summit at Scottsdale, located at Scottsdale Rd. & E Ashler Hills Dr. in the 85266 zip code of Maricopa County, Arizona, presents a prime retail investment opportunity. This 190,611 square foot shopping center is the largest serving the affluent North Scottsdale, Cave Creek, and Carefree areas, boasting a high average household income. The property features a multi-tenant configuration with spaces ranging from a minimum of 1,106 square feet to a maximum contiguous space of 2,792 square feet. Currently, 3,898 square feet are vacant and available for lease. The center benefits from a strong anchor tenant presence, including a shadow anchor of Target and Safeway, along with several key junior anchors and a diverse mix of regional, national, and local tenants. Ample parking is provided, with a ratio of 5.3 spaces per 1,000 square feet. This location caters to both daily needs and high-end retail demands, making it an attractive investment for businesses seeking exposure to a high-income demographic. The property's strategic location in Scottsdale, Arizona ensures high visibility and accessibility for potential tenants and customers.

    Property Features for 0 Ashler Hills Dr

    General Information

    Property type
    Lifestyle centers
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    190,611 SF

    Unit(s) available at that property

    Space
    Suite 05
    Size
    1,106 SF
    Space
    Suite 13
    Size
    2,792 SF

    HighLights

    • 190,611 square feet gross leasable area (GLA).
    • 1,011 parking spaces.
    • 5.3 parking spaces per 1,000 square feet.
    • Located in the Phoenix‑Mesa‑Chandler, AZ MSA.
    • Anchored by CVS Pharmacy, OfficeMax, Safeway, and Target (shadow anchor).
    • Currently 3,898 square feet of vacant space available for lease.
    Property Profile Location Intelligence

    Current Use by Public Records

    Lifestyle centers

    Map

    City
    Scottsdale
    County
    Maricopa
    State
    Arizona
    Longitude
    -111.924388
    Latitude
    33.779799

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    FAQs

    What type of property is this?
    Lifestyle center - Upscale Scottsdale shopping center spaces available.
    Where is this lifestyle center located?
    The property is located at Ashler Hills Dr Scottsdale, AZ.
    What are key features of this property?
    This property features: 190,611 square feet gross leasable area (GLA).; 1,011 parking spaces.; 5.3 parking spaces per 1,000 square feet.
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    Realmo Value Estimation

    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.

    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.

    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
    Ashler Hills Dr Scottsdale, AZ 85266
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