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Property profile & analytics
OFF-MARKET Estimated value $1,390,000
Strip malls

7101 Thunderbird Rd Scottsdale, AZ 85254-4008

7,258 SF 0.57 ac lot Built 1983
Entity Owned 10-yr Hold Free & Clear
Property ID
US07-2294009
Property summary
AI-generated overview

This exceptional retail property, located at 7101 E Thunderbird Rd in Scottsdale, Arizona (zip code 85254), offers a prime commercial opportunity. The property boasts a total of 73,000 square feet, encompassing two suites, with 3 spaces currently available for lease. Individual spaces range from a minimum of 1,009 square feet to a maximum contiguous space of 1,349 square feet. A total of 3,414 square feet is currently vacant. The property is zoned C-2 by the City of Phoenix and situated in Maricopa County. This location benefits from a signalized intersection at Scottsdale Rd and Thunderbird Rd, ensuring high visibility and accessibility. The area is characterized by a dense employment corridor, with over 168,000 daytime employees within a 5-mile radius. Furthermore, the average household income within a 5-mile radius surpasses $134,000, indicating a strong consumer base with significant purchasing power. The high traffic volume at the intersection guarantees substantial foot traffic and visibility for businesses operating within this center. This presents a unique opportunity for businesses seeking a high-impact location in a thriving Scottsdale market.

Property profile
Verified
Property type Strip malls
Use group SHOPPING CENTER, STRIP CENTER
Year built 1983
Construction CONCRETE
Total area 7,258 SF
Lot 0.57 ac (24,960 SF)
Zoning code C-2
APN 175-05-001Z
UPID US07-2294009
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
  • Arrivederci Ristorante Restaurant
  • Scottsdale CrossFit Gym & Fitness Center
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$1.46M
Blend (final) Blend
$1.39M
Owner & transaction history
Ch Retail Fund I Of Phoenix Pl · 10 yrs held
Ch Retail Fund I Of Phoenix Pl
since 2016
5 recorded transactions
2025
Price N/A
2022
Price N/A
2016
$13.9M
2012
Price N/A
2011
Price N/A
Zoning & alternative use
C-2 · Scottsdale, AZ
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Office building $2.1M +33.3%
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