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Property profile & analytics
FOR LEASE
Strip malls

31313 N Scottsdale Rd Scottsdale, AZ 85266

27,153 SF 14.53 ac lot Built 2007
Individually Owned 1-yr Hold Absentee Owner Free & Clear
Property ID
US07-0582143
Property summary
AI-generated overview

This exceptional retail strip center, located at 31313 N Scottsdale Rd in Scottsdale, Arizona (zip code 85266), offers a total of 66,361 square feet of prime retail space. Currently, there are 2,756 square feet of vacant space available for lease, presenting a unique opportunity for expansion or new tenancy within a thriving established center. Situated in Maricopa County, this multi-tenant property boasts a highly visible location along Scottsdale Road, ensuring excellent exposure to a large customer base. The property's design and layout are ideal for a variety of retail businesses, offering flexibility and adaptability to suit diverse needs. The existing tenants contribute to a vibrant and successful shopping environment, creating a synergistic atmosphere that benefits all occupants. This is an excellent opportunity for businesses seeking a well-established location in a high-traffic area of Scottsdale. The property's strong location and existing infrastructure make it an attractive investment for both established businesses and new ventures looking to capitalize on the area's robust retail market. The available space is ready for immediate occupancy, allowing for a swift and efficient transition for new tenants. Detailed floor plans and lease terms are available upon request. Don't miss this chance to secure a prime retail space in one of Scottsdale's most desirable locations.

Property profile
Verified
Property type Strip malls
Use group SHOPPING CENTER, STRIP CENTER
Year built 2007
Construction CONCRETE
Total area 27,153 SF
Lot 14.53 ac (633,002 SF)
Zoning code PAD
APN 216-66-003H
UPID US07-0582143
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
Current use
Occupant on record · Public records
  • Club Pilates Gym & Fitness Center
  • Uncle Louie The Restaurant Restaurant
  • KidStrong North Scottsdale Gym & Fitness Center
  • Health Cellutions Physician
  • Baron Paris (Bike/Boat/Book/etc) Store
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
$9.12M
Comparable Approach Comparable
$10.80M
Blend (final) Blend
$10.15M
Owner & transaction history
Ivt Scottsdale North Marketplace 10 · 1 yrs held
Ivt Scottsdale North Marketplace 10
since 2024
3 recorded transactions
2024
$23.0M
2020
Price N/A
2019
$16.1M
Zoning & alternative use
PAD · Scottsdale, AZ
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Commercial (general) $13.3M +126.0%
Retail stores $12.5M +112.8%
Auto repair, garage $11.2M +90.4%
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
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