$7,130,000 USD
702-820-0070
15227 N 87th St
Scottsdale, AZ 85260
North Scottsdale
HIGHLIGHTS
- Prime Outparcel Location to Top-Performing Walmart Supercenter
- Positioned in an Outparcel to a High-Performing Walmart Supercenter, Ranked #1 of 4 Within a 10-mile Radius (Placer.ai)
- 100% Occupied with Strong National/Regional Tenants: Starbucks, Capriotti’s, Express Employment Professionals, and T-Mobile
- Established, Committed Tenants: Starbucks and T-Mobile have operated at the center since it was built in 2004 and both renewed leases in 2024
- Upside Rent Potential: Several shop tenants pay below-market rents of $30 PSF; a recent 4,600 SF lease was executed at $40 PSF
- Built-In Inflation Protection: All leases include scheduled rent increases
FOR SALE DETAILS
PRICE
$7,130,000 USD
PRICE/SF
$644 USD /SF
CAP RATE
6%
% LEASED
-
TENANCY
Multiple
SALE TYPE
Investment
BUILDING DETAILS
PROPERTY NAME
Northsight Retail Center | Scottsdale, AZ
PROPERTY TYPE
Retail
PROPERTY SUBTYPE
Freestanding
TOTAL BUILDING SIZE
-
STORIES
1
YEAR BUILT
2004
SPRINKLERS
-
PARKING SPACES
55
LAND DETAILS
LAND ACRES
1.29 AC
LAND SF
56,192 SF
ZONING
C-3, Scottsdale
APN/PARCEL ID
215-52-049
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702-820-0070
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702-820-0070
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