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Property profile & analytics
OFF-MARKET
Golf courses & driving ranges

9500 Indian Bend Rd Scottsdale, AZ 85250

60,000 SF 16.5 ac lot
Property ID
Property summary
AI-generated overview

This exceptional investment opportunity presents a prime Scottsdale, Arizona, property encompassing a 60,000 square-foot, three-story Topgolf entertainment complex situated on 16.5 acres. The property, located at 9500 E Indian Bend Rd, Scottsdale, AZ 85250, boasts a strategic location along the 101 highway within the Salt River Pima Maricopa Indian Community's Entertainment Corridor, attracting over 10 million annual visitors. The property features one building with C-2/C-3 zoning. The asking price is $6,075,178.50, representing a price per square foot of $101.25. The property benefits from a long-term ground lease with SRP-MIC with 64 years remaining. The current lease has 10.5 years remaining. The property's strong financial performance is evidenced by a 2024 Net Operating Income (NOI) of $364,510.71, yielding a 6% capitalization rate. The tenant invested over $20 million in initial improvements in 2014, signifying a commitment to the location and its long-term potential. This generational quality asset offers a compelling investment opportunity with significant upside potential.

Property profile
Verified
Property type Golf courses & driving ranges
Total area 60,000 SF
Lot 16.5 ac (718,740 SF)
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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