REDEVELOPMENT OPPORTUNITY
4333 N SCOTTSDALE ROAD SCOTTSDALE, AZ 85251
Danielle Davis, Partner 480.294.6017
[email protected]
Trent McCullough, CCIM, Partner 480.294.6582
[email protected] Branden Mondragon, Advisor 480.289.4234
[email protected]
FOR SALE
SITE
4333 N SCOTTSDALE ROAD SCOTTSDALE, AZ 85251
OFFERING SUMMARY
This information has been secured from sources believed to be reliable, but no representations or warranties are made, expressed or implied, as to the accuracy of the information.
References to square footage are approximate. Buyer and tenant must verify the information and bears all risk for any inaccuracies. All quoted prices are subject to change without
SITE
N SCOTTSDALE RD - 24,700 VPD N SCOTTSDALE RD - 24,700 VPD N DRINKWATER BLVD N DRINKWATER BLVD 4333 provides an investor with the opportunity to develop
and own on the most desirable intersections in Old Town
Scottsdale. Located perfectly for high-end residential units
or a luxurious hotel accommodating the ever-increasing
vacation and business travelers. Surrounded by the best
dining, entertainment, and shopping experiences in one of
the country’s premier vacation destinations; this property
offers a great opportunity to investors of any type.
SALE PRICE $7,250,000 BUILDING SIZE ±11,160 SF
LOT SIZE ±16,482 SF
PARCEL NO. 173-41-256
ZONING C2/P3 DO
4333 N SCOTTSDALE ROAD SCOTTSDALE, AZ 85251
OFFERING DETAILS
This information has been secured from sources believed to be reliable, but no representations or warranties are made, expressed or implied, as to the accuracy of the information.
References to square footage are approximate. Buyer and tenant must verify the information and bears all risk for any inaccuracies. All quoted prices are subject to change without
SITE
N SCOTTSDALE RD - 24,700 VPD N SCOTTSDALE RD - 24,700 VPD N DRINKWATER BLVD
N DRINKWATER BLVD
4333 N SCOTTSDALE ROAD SCOTTSDALE, AZ 85251
PROPERTY HIGHLIGHTS
This information has been secured from sources believed to be reliable, but no representations or warranties are made, expressed or implied, as to the accuracy of the information.
References to square footage are approximate. Buyer and tenant must verify the information and bears all risk for any inaccuracies. All quoted prices are subject to change without
SITE N SCOTTSDALE RD - 24,700 VPD N SCOTTSDALE RD - 24,700 VPD
N DRINKWATER BLVD N DRINKWATER BLVD
• Located on one of Scottsdale’s most premier intersections
• Close proximity to the most desirable shopping and entertainment destinations in Arizona
• Positioned within an opportunity zone
• One of Old Town Scottsdale’s few redevelopment opportunities
• Within proximity of Loop 101 & Loop 202
• Current zoning allows for 36’ in height with capability for more through rezoning
• Positioned on a desireable hard corner for great visibility
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DRONE VIDEO
ADDITIONAL PHOTOS
SITE
AERIAL OVERVIEW
N
FLAG WORLD AND SPORTS
USA
E 5TH AVE E 5TH AVE
SCOTTSDALE ARTS DISTRICT
N SCOTTSDALE RD - 24,700 VPD N SCOTTSDALE RD - 24,700 VPD
160 UNITS
236 ROOMS
±998 EMPLOYEES 198 RESIDENCES
OLD TOWN ENTERTAINMENT DISTRICT
POPULATION
1 MILE 3 MILES 5 MILES
2021 23,272 103,751 215,776
2026 25,961 111,772 231,815
HOUSEHOLDS
1 MILE 3 MILES 5 MILES
2021 13,025 49,001 97,477
HH GROWTH
2021-2026: 2.2% 1.5% 1.4%
AVERAGE HOUSEHOLD INCOME
1 MILE 3 MILES 5 MILES
2021 $110,743 $109,366 $104,336
W atson R d
GOODYEAR
Baseline Rd Broadway Rd
M iller R d Rainbo w Valley R d D ean R d
Phoenix Goodyear Airport
JackRabbit Rd
Yuma Rd
BUCKEYE
Cott on Ln
TOLLESON Buckeye Rd
AHWATUKEE
Baseline Rd
Phoenix Sky Harbor Intl Camelback Rd
McDowell Rd
Olive Ave
PARADISE VALLEY GLENDALE
PEORIA
LITCHFIELD PARK
CHANDLER
MESA TEMPE
GILBERT FOUNTAIN
HILLS SUPRISE
CITY SUN CITY SUN
WEST
EL MIRAGE
SCOTTSDALE
Elliot Rd Warner Rd Ray Rd Chandler Blvd Broadway Rd
Lower Buckeye Rd
Guadalupe Rd
Po w er R d
Rur al R d A riz ona A ve M cQ ueen R d
Cooper R
d
M ill A ve
Priest DrUniversity Dr
Broadway Rd McDowell Rd
Val Vista Dr Gr eenfield Dr
McDowell Rd McDonald Dr Indian Bend Rd Lincoln Dr
24th S
t 44th S t Ha yden R
d
Sc ottsdale R
d Shea Blvd
7th S t Cen tr al A ve D obson R d
7th A ve
Bell Rd
Greenway Rd
Ca ve C reek R d
Bell Rd
Thunderbird Rd
Grand Ave
43r d A ve
83r d A ve 59th A ve
Waddell Rd Olive Ave Bell Rd
Camelback Rd Glendale Ave Northern Ave
Reems R d Lit chfield R d
Luke AFB
El M irage R d
W. Happy Valley Rd W. Happy Valley Rd
W. Deer Valley Rd W. Deer Valley Rd
E. Carefree Hwy.
Cave C reek R
d
E. Pinnacle Peak Rd E Pinnacle Peak Rd
N P ima R d
CAREFREE
N. Lake P leasan
t Pkwy
McDowell Rd
SITE
DEMOGRAPHICS
This information has been secured from sources believed to be reliable, but no representations or warranties are made, expressed or implied, as to the accuracy of the information. References to square footage are approximate. Buyer and tenant must verify the information and bears all risk for any inaccuracies. All quoted prices are subject to change without notice.
SCOTTSDALE DISTRICTS
SCOTTSDALE FASHION SQUARE BROWN & STETSON DISTRICT
WATERFRONT & SOUTHBRIDGE DISTRICT ARTS DISTRICT
ENTERTAINMENT DISTRICT HISTORIC OLD TOWN
5TH AVENUE SHOPPING DISTRICT CIVIC CENTER PARK
The largest shopping destination in the Southwest, Fashion Square is home to more than 250 premium retailers, a Harkins luxury cinema and multiple restaurants.
This mixed-use district houses restaurants, bars and numerous hair salons, which may come in handy if you’re planning a night on the town in the downtown Entertainment District.
These districts on the north and south banks of the Arizona Canal, respectively, house some of the city’s most popular restaurants and boutiques.
Fine art galleries, wine-tasting rooms, Scottsdale’s Museum of the West, the Scottsdale Artists’ School & the Thursday night ArtWalk all call this district home.
The laidback daytime energy of this district explodes after dark, with celebrity deejays, live bands and master mixologist showing off their talents at upscale nightclubs and bars.
This historic corner of downtown is fun and funky, with a decidedly Old West flair. Western wear boutiques, Native American jewelry and historic sites are a few of the treasures you’ll find here.
This long-time local favorite boasts dozens of unique shops, award- winning restaurants and the famous Bob Parks Horse Fountain.
The park’s ±21 acres of lush lawns, public art and bubbling fountains also house the Scottsdale Museum of Contemporary Art & Scottsdale Center for the Performing Arts.
PLANNED DEVELOPMENTS
SLS SCOTTSDALE HOTEL THE MARQUEE
AFFLUENT POPULATION
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
$102,591 annually and boasts a median home value of $465,000.
SUPERIOR LOCATION & ACCESS
Scottsdale is near the center of the Greater Phoenix metro area with immediate access to Loop 101, within minutes of Scottsdale Municipal Airport and approximately 17 miles north of Sky Harbor International Airport. This strategic location and outstanding freeway and airport access provides superior face-to-face connectivity to a massive customers base within a few hours of travel including California, Texas, and Mexico.
DESIRABLE QUALITY OF LIFE
Scottsdale offers a desirable quality of life for its residents who enjoy a warm climate and a wealth of sunshine, as well as prestigious residential communities and access to abundance of retailers and resorts, approximately 200 golf courses in the area, more than 600 restaurants, and a flourishing arts and cultural scene with more than 100 art galleries. Major League Baseball’s Spring Training is also an exciting feature in Scottsdale, where the Colorado Rockies and Arizona Diamondbacks play at Salt River Fields, while San Francisco Giants play at Scottsdale Stadium in Old Town a few miles south.
DIVERSIFIED LOCAL ECONOMY
The local economy is well distributed among business services, high technology, biomedical, tourism and retail services all playing important roles. Major employers include HonorHealth, Mayo Clinic, General Dynamics, CVS/Caremark, GoDaddy Group, Vanguard Group, Scottsdale Insurance and Henkel Consumer Goods.
