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    Scottsdale Rd & Rio Salado Pkwy Tempe, AZ 85288

    For Lease
    Contact for pricing

    Luxury waterfront retail space, 26,000 sqft.

    Lot size:
    26,000 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    369
    This exceptional opportunity presents 26,000 square feet of vacant retail space within the prestigious Shorehaven development at Tempe Town Lake. Located in Maricopa County, this property boasts a prime waterfront location in a brand-new, upscale community. The development features three buildings, all newly constructed in 2026, offering a modern and sophisticated aesthetic. The property is ideal for a variety of uses, including retail, restaurants, fitness centers, beauty salons, and coffee shops, among others. With a total of 26,000 square feet available, this presents a unique chance to establish a significant presence in a thriving, high-demand area. The property's multiple tenancy allows for flexibility in leasing arrangements, catering to diverse business needs. The APN is 132-32-020A. This development is situated within a vibrant waterfront community, surrounded by luxury residences, fine dining establishments, and first-class entertainment options, ensuring high foot traffic and visibility. The entire 26,000 square feet is currently vacant, providing a blank canvas for a visionary entrepreneur or established business to create a flagship location. This is a rare opportunity to secure a prominent position in a rapidly developing, high-profile waterfront community.

    Property Features for 0 Scottsdale Rd & Rio Salado Pkwy

    General Information

    Property type
    Individual retail properties
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    26,000 SF

    Building Details

    Year Built
    2026
    Buildings
    3

    Unit(s) available at that property

    Space
    AR-101
    Size
    3,429 SF
    Space
    204
    Size
    1,465 SF
    Space
    AR-102
    Size
    3,490 SF
    Space
    AR-103
    Size
    4,660 SF
    Space
    203
    Size
    1,465 SF
    Space
    301
    Size
    1,403 SF
    Space
    205
    Size
    1,475 SF
    Space
    206
    Size
    1,843 SF
    Space
    AR-103
    Size
    4,783 SF
    Space
    201
    Size
    1,392 SF
    Space
    202
    Size
    1,022 SF

    HighLights

    • 26,000 square foot retail/restaurant space available.
    • Three buildings totaling 26,000 square feet are available for lease.
    • Property is located in Maricopa County, AZ.
    • New construction (2026 completion).
    • Entire property is currently vacant.
    • APN: 132‑32‑020A.
    Property Profile Location Intelligence

    Current Use by Public Records

    Retail space

    Map

    City
    Tempe
    County
    Maricopa
    State
    Arizona
    Longitude
    -111.9262136
    Latitude
    33.4288985

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    FAQs

    What type of property is this?
    Individual retail property - Luxury waterfront retail space, 26,000 sqft.
    Where is this individual retail property located?
    The property is located at Scottsdale Rd & Rio Salado Pkwy Tempe, AZ.
    What are key features of this property?
    This property features: 26,000 square foot retail/restaurant space available.; Three buildings totaling 26,000 square feet are available for lease.; Property is located in Maricopa County, AZ.
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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
    Scottsdale Rd & Rio Salado Pkwy Tempe, AZ 85288
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