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0 Scottsdale Rd & Rio Salado Pkwy Tempe, AZ 85288

OFF-MARKET
Retail properties & Spaces
26,000 SF Built 2026
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Property summary

AI-generated overview

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 profile

Verified
Property type Retail properties & Spaces
Year built 2026
Total area 26,000 SF

Cap rate & NOI

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

Location

Scottsdale Rd & Rio Salado Pkwy 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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