94th Shea Blvd, Scottsdale, AZ 85260
This exceptional 1,486 square foot retail space is situated within a vibrant mixed-use center at the intersection of 94th Street and East Shea Boulevard in Scottsdale, Arizona. The Class A property boasts a total of 74,700 square feet, offering a blend of retail and office space. Currently, 1,486 square feet is available for lease. The center enjoys a strategic location in Central Scottsdale, a highly dynamic retail market within Metro Phoenix. Its position on the south side of Shea Boulevard ensures high visibility and traffic, with an average daily count of 50,489 vehicles. Strong co-tenancy includes established businesses such as Ling & Louie's Asian Bar & Grill, S & V Urban Italian, and V's Barbershop. Furthermore, approximately 35,000 square feet of Class A office space is 100% leased, providing a substantial on-site employee base of around 250 individuals. The property benefits from its proximity to Honor Health Scottsdale Shea Medical Center, a significant medical facility with over 3,000 physicians, 10,000 employees, and 3,000 volunteers, creating a large potential customer base. The property is zoned C-3 by the City of Scottsdale and offers ample parking with a ratio of 4.8 spaces per 1,000 square feet. This presents a unique opportunity for businesses seeking a high-traffic, well-established location in a thriving Scottsdale community. Maricopa County location, zip code 85260.
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.
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Risks
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