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    1290 N Scottsdale Rd Tempe, AZ 85224
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    Property profile & analytics

    1290 N Scottsdale Rd Tempe, AZ 85224


    • Strip malls
    • 15,160 SF
    • 5.54 lot acres
    Retail Space in Tempe Center For Lease
    $12,260,000

    Retail Space in Tempe Center

    Retail space available in a Goodwill-anchored shopping center.

    1290 N Scottsdale Rd, Tempe, AZ 85224
    View Listing
    Property ID
    US07-0022701
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Hoookahmania / Bar & Pub / (Bike/Boat/Book/etc) Store
    • Mijana / Restaurant
    • Goodwill Retail Store and Donation Center / Discount Store
    • Trade Mark / Big Box & Wholesale Store
    • FlexKing Fitness LLC / Gym & Fitness Center

    Property Details for 1290 N Scottsdale Rd

    Year built
    1987
    Construction
    CONCRETE
    Lot size
    5.54 lot acres
    Property size
    15,160 SF
    Zone code
    PCC-1
    Property type
    Strip malls
    Property subtype
    Shopping centers
    APN
    132-03-237A
    APU
    13203237A

    Description

    This exceptional retail property, Rio Salado Courtyard, offers 58,061 square feet of commercial space in Maricopa County. Currently, there is one available space totaling 4,799 square feet, perfect for a variety of retail businesses. The property boasts ample parking, a significant advantage for customers and employees. Built in 1990, the building is well-established and situated within a thriving commercial area. The multi-tenant configuration provides a diverse and vibrant atmosphere. This is an excellent opportunity for businesses seeking high visibility and convenient access. The available space presents a chance to establish or expand a retail presence in a well-maintained and strategically located building. The property's substantial size and ample parking ensure a comfortable shopping experience for patrons. The existing tenant mix contributes to a strong and established commercial environment. This is a rare opportunity to secure a prime retail space in a desirable location with excellent parking. Interested parties are encouraged to inquire for further details and leasing information. The property is available for lease.


    Value Estimations

    based on Realmo’s proprietary methodology
    • Comparable approach

      Method
      Estimation
      Statistic Estimate
      $12,495,000
      Market price range: $3.87M - $12.5M
      AI Estimate
      $12,027,000
      Market price range: $3.55M - $12.0M
    • Alternative Use

      Use
      Estimation
      NEIGHBORHOOD: SHOPPING CENTER
      $7,610,000
      Current use
      RESTAURANT
      $10,570,000
      Change: +39% Conversion: Difficult
      AUTO REPAIR, GARAGE
      $10,420,000
      Change: +37% Conversion: Difficult
      RETAIL STORES
      $7,985,000
      Change: +5% Conversion: Easy

    Get a detailed, property-specific estimation — fast and free


    Location Insight

    • Map
    • Local Demand
    City
    Tempe
    County
    Maricopa
    State
    Arizona
    Longitude
    -111.927
    Latitude
    33.4429
    CBSA code
    38060
    CBSA name
    PHOENIX-MESA-SCOTTSDALE, AZ METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $109,644
    $0.00
    $0.00
    $1,480,372
    -
    $4,576,400
    $4,395,553
    $8,971,953
    View Listing
    More about this property
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