10781 N Frank Lloyd Wright Blvd - Freestanding FOR SALE


Scottsdale, AZ 85259- Central Scottsdale
$4,600,000 USD
602-430-3788
10781 N Frank Lloyd Wright Blvd, Scottsdale, AZ for Sale
$4,600,000 USD
Freestanding - FOR SALE
1/17
null | 6.13% Cap Rate

10781 N Frank Lloyd Wright Blvd
Scottsdale, AZ 85259
Central Scottsdale


HIGHLIGHTS

  • SINGLE TENANT NNN INVESTOR OPPORTUNITY
  • PRIME NORTH CENTRAL SCOTTSDALE LOCATION
  • RARE C-3 HIGHWAY COMMERCIAL ZONING
  • 1.7 ACRE CORNER LOT -FEE SIMPLE INTEREST
  • 14,550 SF FREE-STANDING CLASS B CONSTRUCTION
  • COMPLETELY REMODELED IN 2020 100% OCCUPIED BY MULTI-UNIT POWERSPORTS DEALER

OVERVIEW

Premier NNN Investment Opportunity: Nash Powersports Dealership 10781 N Frank Lloyd Wright Blvd, Scottsdale, AZ Remax Excalibur Commercial is proud to exclusively present the Nash Powersports Dealership, a premier single-tenant NNN investment opportunity in the heart of Scottsdale. Located on a high-visibility 1.71-acre corner lot at the intersection of Frank Lloyd Wright Blvd and Shea Blvd, this 14,550 SF building was fully remodeled in 2020 and is 100% leased to a top-tier tenant. As Arizona’s leading dealer for premium powersports brands including Can-Am BRP, Sea-Doo, Yamaha, and Suzuki, Nash Powersports is a strong and reliable tenant. With 5 years remaining on the original 10-year lease, along with two 5-year renewal options and 15% rent escalations every five years, this asset offers both stability and long-term upside. Investment Highlights Net Annual Rent: $282,200 Lease Structure: NNN with 5 years remaining Renewal Options: Two (2) five-year extensions with 15% rent escalations Zoning: Rare C-3 Highway Commercial Ownership: Fee Simple Lot Size: 1.71 acres Building Size: 14,550 SF (fully remodeled in 2020) Tenant Strength: Nash Powersports – a top Arizona dealer with multiple locations Location: High-income Scottsdale corridor with excellent access and visibility This is a unique opportunity to own a high-performing retail asset in a prime location with strong lease terms and long-term potential. Contact Remax Excalibur Commercial for more information or to schedule a private tour.

FOR SALE DETAILS

PRICE

$4,600,000 USD

PRICE/SF

$316 USD /SF

CAP RATE

6.13%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Nash Powersports Dealership

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Freestanding

ADD'L SUBTYPES

Auto Dealership, Auto Repair

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1999

SPRINKLERS

-

PARKING SPACES

68

LAND DETAILS

LAND ACRES

1.71 AC

LAND SF

74,488 SF

ZONING

C-3, Scottsdale

APN/PARCEL ID

217-32-514

ASK ABOUT THIS PROPERTY

Doug daCostaRE/MAX ExcaliburMore Info
602-430-3788

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Doug daCostaRE/MAX ExcaliburMore Info
602-430-3788

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.