4142 N Marshall Way - Storefront FOR SALE


Scottsdale, AZ 85251- Downtown Scottsdale
$5,800,000 USD
480-272-1493
4142 N Marshall Way, Scottsdale, AZ for Sale
$5,800,000 USD
Storefront - FOR SALE
1/6
null | Request Cap Rate

Oct '28


4142 N Marshall Way
Scottsdale, AZ 85251
Downtown Scottsdale


HIGHLIGHTS

  • 100% Leased to Three Established Tenants: Wilde Meyer Gallery, Kit Salon, and Carlson Creek Winery
  • Premier Location in the Heart of Old Town Scottsdale’s Renowned Arts District
  • Below-Market In-Place Rents Provide a Clear Near-Term Opportunity to Push Rents to Market
  • Short-Term Leases Provide Future Flexibility for Owner/User Occupancy or Strategic Re-Tenanting
  • Prominent Building Signage Fronting One of Old Town Scottsdale’s Most Iconic Streets
  • Strong year-round tourism and foot traffic

OVERVIEW

LevRose Real Estate is pleased to present the exclusive opportunity to acquire 4142 N. Marshall Way, an 8,907-square-foot, three-tenant retail property located in the heart of Old Town Scottsdale. Situated along Marshall Way within Scottsdale’s renowned Arts District, the Property is 100% leased to three established tenants that complement the character and energy of the surrounding area. With in-place rents significantly below current Old Town market rates and a short weighted average lease term, an incoming investor is well positioned to push rents to market in the near term, while the upcoming lease expirations also provide flexibility for an owner-user to occupy all or a portion of the Property as space becomes available. Old Town Scottsdale is the cultural, culinary, and entertainment epicenter of the Phoenix metropolitan area, drawing millions of visitors annually and consistently commanding some of the highest retail rents and lowest vacancy in the Valley. The area is home to Scottsdale Fashion Square, the Scottsdale Waterfront, and the historic Fifth Avenue and Main Street shopping corridors, along with a dense concentration of art galleries, world class restaurants, luxury boutiques, nightlife venues, and boutique hotels. 4142 N. Marshall Way represents a rare opportunity to acquire a fully leased retail asset on one of Old Town Scottsdale’s most iconic streets, offering near-term flexibility and a clear path to value creation through lease rollover, rent resets to market, or future owner occupancy.

FOR SALE DETAILS

PRICE

$5,800,000 USD

PRICE/SF

$651 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1964

SPRINKLERS

-

PARKING SPACES

13

LAND DETAILS

LAND ACRES

0.24 AC

LAND SF

10,454 SF

ZONING

D/RS-1

APN/PARCEL ID

173-50-089

ASK ABOUT THIS PROPERTY

Zak KottlerLevRose Real EstateMore Info
480-272-1493

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Zak KottlerLevRose Real EstateMore Info
480-272-1493

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