Presenting one of the few redevelopment opportunities in the market area, 4333 N Scottsdale Road is a ±16,482-square-foot lot in high-demand Old Town Scottsdale, Arizona. 4333 N Scottsdale Road consists of an 11,160-square-foot retail/restaurant building and has all utilities to site. The gross lot size totals at ±36,900 square feet. The redevelopment site sits at one of the most desirable intersections in Old Town Scottsdale, Scottsdale Road and Drinkwater Boulevard, offering exposure to 34,427 vehicles each day. Positioned in an opportunity zone, three miles from Loop 101, and five miles from Loop 202, this is the perfect location for mixed-use retail projects, high-end residential units, or a luxurious hotel accommodating the ever-increasing vacation and business travelers.
4333 N Scottsdale Road is at the core of Old Town Scottsdale, a sprawling community that encompasses Downtown Scottsdale, Fashion Square, and other trendy neighborhoods in the heart of the city. Perfectly positioned in one of the country's premier vacation destinations, the redevelopment site is encompassed by boutique and luxury shopping options, lively bars, historical museums, and top-notch restaurants. Scottsdale's relatively large and affluent population and thriving employment base allow Scottsdale to maintain a competitive edge in attracting new retailers, company headquarters, and business leaders. This population earns an average household income of $102,057 annually and boasts a median home value of $421,331.
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