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4252 N Drinkwater Boulevard - Corepower Yoga Scottsdale, Scottsdale, AZ

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4252 N Drinkwater Boulevard - Corepower Yoga Scottsdale

Scottsdale, AZ 85251 - Central Scottsdale Ret Submarket

(7.6 MB)

Property Type:Retail Sub Type:Freestanding Status:Existing Year Built:2003
Building Size:4,700 SF Land Area:.48 AC (20,826 SF)
For Sale Price:$2,680,000 Price/SF:$570.21
Cap Rate:5.75 %
Parking:16 Surface spaces are available; Ratio of 3.9/1,000 SF

Sale Notes:

--Rare net lease investment opportunity within Old Town Scottsdale

--Guarantee from the largest Corepower Yoga franchisee with over 25 studios

--Corepower Yoga includes a network of over 150 studios nationwide

--The ±4,700 square foot building has been completely renovated in 2016

--Exceptional Old Town Scottsdale location and within walking distance to countless retail and restaurant amenities

--Dense residential communities surround the property, with approximately 2,600 condos and 2,300 apartments located within 1-mile

--Ideal target demographic for a Yoga Studio with over 44% of the population ages 15-44

--Average household income nearly $70,000 within a 3-mile radius

--Excellent surrounding demographics with over 90,000 residents within a 3-mile radius

Phoenix Commercial Advisors
Chad Tiedeman
(602) 288-3472

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