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

Nash Powersports Dealership | Premier NNN Investment 10781 N Frank Lloyd Wright Blvd, Scottsdale, AZ 85259 Remax Excalibur Commercial is proud to exclusively present a premier single-tenant NNN investment opportunity in the heart of North Central Scottsdale. This trophy asset features a 14,550 SF free-standing building, completely remodeled in 2020, situated on a high-visibility 1.71-acre corner lot at the intersection of Frank Lloyd Wright Blvd and Shea Blvd. Investment Highlights Stable Passive Income: 100% occupied by Nash Powersports, Arizona’s leading multi-unit dealer for premium brands including Can-Am, Sea-Doo, Yamaha, and Suzuki. Strong Lease Fundamentals: NNN structure with 4 years remaining on the original 10-year term, featuring 15% rent escalations every five years and two (2) five-year renewal options. Rare Scottsdale Entitlements: Zoned C-3 Highway Commercial, a rare and highly-coveted designation in Scottsdale that supports high-intensity retail and automotive uses, providing significant long-term underlying land value. Strategic Real Estate: Fee Simple ownership of a prime corner lot with exceptional visibility and access. The property benefits from the affluent demographics of the Shea corridor, where household incomes frequently exceed $140,000. Turnkey Asset: The Class B construction was fully updated in 2020, offering a modern showroom and service environment that requires minimal near-term capital expenditures.

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

undefined, 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 Excalibur CommercialMore Info
602-430-3788

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Doug daCostaRe/Max Excalibur CommercialMore Info
602-430-3788

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