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10050 N Scottsdale Road - Acacia Creek Village Shops - Acacia Creek Village Shops, Scottsdale, AZ
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10050 N Scottsdale Road - Acacia Creek Village Shops - Acacia Creek Village Shops
Scottsdale, S of Gold Dust Ave
Scottsdale, AZ 85253-1498 - Central Scottsdale Ret Submarket
4.22 AC (183,823 SF)
Total Space Avail:
1,350 SF-5,821 SF
1,350 SF-5,821 SF
Retail center located at 10050 North Scottsdale Road in Scottsdale, Arizona. This REO asset is being sold As Is/Where with no representations or warranties through Auction.com on September 12, 2012. There is no co-op broker fee offered for this sale.
This investment opportunity offers potential investors the ability to acquire a 100% leased retail shopping center located in central Scottsdale which has historically high occupancy. Constructed in 1995, Acacia Creek Village sits on a 4.2-acre site and is adjacent to two out lot parcels that are not included in this offering, California Pizza Kitchen and CVS Pharmacy. This neighborhood center has experienced recent leasing momentum with close to 14,000 SF of new leases executed in 2012.
The site has excellent access and visibility at the southwest corner of Scottsdale Road and Gold Dust Avenue just south of Shea Boulevard, a highly-developed commercial and affluent residential area with traffic counts exceeding 47,000 VPD and 45,000 VPD along Scottsdale Road and Shea Boulevard, respectively.
The real estate market in Scottsdale is among the most expensive in the United States. Both Scottsdale and Paradise Valley are consistently among the top ten markets in the nation for luxury home sales, and are the only two cities outside of California. The city of Scottsdale is loosely divided into four areas: South Scottsdale, Old Town Scottsdale (Downtown), North Scottsdale, and Central Scottsdale. Acacia Creek Village is located in Central Scottsdale, also known as the "Shea Corridor", extending from Chaparral Road north to Shea Boulevard.
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(847) 685-9800 x4
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