4301 N Civic Center Plz Scottsdale, AZ 85251
Property profile & analytics
4301 N Civic Center Plz Scottsdale, AZ 85251
- Bars & Pubs
- 2,274 SF
- 0.11 lot acres
Property ID
US07-3402941
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.
Location Intelligence
Current Use by Public Records
- Drag Queen Show Scottsdale - Illusions Drag Dinner & Drag Brunch Scottsdale / Theater & Performing Art Venue
- i-MAD / Restaurant
Property Details for 4301 N Civic Center Plz
- Year built
- 1984
- Construction
- CONCRETE
- Lot size
- 0.11 lot acres
- Property size
- 2,274 SF
- Zone code
- C-3
- Property type
- Bars & Pubs
- APN
- 173-40-064B
- APU
- 17340064B
Description
This exceptional investment opportunity presents a thriving bar and storefront located at 4301 N Civic Center Plaza in Scottsdale, Arizona. The property boasts a substantial 3,280 square feet situated on a 0.11-acre lot (APN 173-40-064B), operating under a 12-year NNN lease with a remaining term of 12 years. The current tenant, I-Mad Bar and Kitchen, generates a strong net operating income (NOI) of $126,000, yielding a compelling 4.00% cap rate at an asking price of $3,150,000. The property is zoned C-3/P-Z, Scottsdale, and was built in 1984. The lease features a flat rent until August 31, 2024, followed by a 5% annual increase commencing September 1st, 2024. This ensures consistent and growing income for the investor. This single-tenant property offers a secure and profitable investment in a desirable Scottsdale location, providing a stable and attractive return on investment. The property's strong tenant, favorable lease terms, and prime location make this an exceptional opportunity for discerning investors seeking a high-performing asset in a thriving market. The property is conveniently located in Maricopa County, Arizona, with the zip code 85251.
Value Estimations
based on Realmo’s proprietary methodology
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CAP approach
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Comparable approach
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Alternative Use
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Location Insight
- Map
- Local Demand
- City
- Scottsdale
- County
- Maricopa
- State
- Arizona
- Longitude
- -111.921
- Latitude
- 33.4991
- 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
$6,955
$0.00
$0.00
$153,799
-
$492,100
$440,014
$932,114
