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Property profile

0 Swc Loop 202 & Scottsdale Rd Tempe, AZ 85288

OFF-MARKET
Retail properties & Spaces
590,000 SF Built 2020
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Property summary

AI-generated overview

This exceptional Class A retail opportunity is located at the southwest corner of Loop 202 and Scottsdale Road in Tempe, Arizona. Part of the Watermark, a premier mixed-use development, this property boasts 590,000 square feet of total building space, with a minimum divisible space of 2,408 square feet and a maximum contiguous space of 43,819 square feet. Currently, 46,227 square feet of retail space is available. Built in 2020, the property is zoned MU-4 and situated in Maricopa County, offering convenient access to Loop 202 and Scottsdale Road, providing excellent visibility and accessibility. The Watermark development itself includes over 1.9 million square feet of thoughtfully designed space, encompassing residential units, a future hotel, and additional retail and office space. This location benefits from proximity to Arizona State University, the Mill Avenue District, Oldtown Scottsdale, and Sky Harbor International Airport, ensuring a strong potential customer base. The property enjoys stunning views of Tempe Town Lake and surrounding mountain ranges. This is a rare opportunity to secure high-quality retail space in a thriving, dynamic location. The available space is ideal for a variety of retail uses, offering a unique chance to establish a presence in one of Tempe's most sought-after developments. The property's modern design and prime location make it an attractive option for businesses seeking a high-profile address in a vibrant community. Contact us today to learn more about this exceptional retail opportunity.

Property profile

Verified
Property type Retail properties & Spaces
Year built 2020
Total area 590,000 SF

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

Swc Loop 202 & Scottsdale Rd Tempe, AZ 85288
Tempe metro
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Value estimations

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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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