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    OFF-MARKET
    Lifestyle centers

    0 Ashler Hills Dr, Scottsdale, AZ 85266

    190,611 SF
    Property ID
    Property summary
    AI-generated overview

    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 profile
    Verified
    Property type Lifestyle centers
    Total area 190,611 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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