9500 Indian Bend Rd Scottsdale, AZ 85250
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.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.