SINGLE TENANT ABSOLUTE NNN 4321 N Scottsdale Rd

Investment Highlights

Extremely rare frontage property available on Scottsdale Rd near Camelback Rd Zoned D/OC-2, City of Scottsdale within the opportunity zone ?$32.8M spent annually on entertainment and recreation within 1 mile of the property (Source: CBRE Research) Building size is ?8,200 SF featuring ?6,400 SF with a mezzanine and ?1,800 SF patio Located in the heart of more than 100 of the city?s best restaurants, craft cocktail bars, lounges and high-energy nightclubs (Source: Scottsdale Ariz Over 33,000 vehicles per day drive past the property (Source: Esri)

Executive Summary

Extremely rare frontage propertyLocated in the heart of more than 100 of the city?s best restaurants, craft cocktail bars, lounges and high-energy nightclubsOver 33,000 vehicles per day drive past the property

• Sale Type    Investment
• Property Type    Retail
• Property Subtype    Restaurant
• Building Size    9,551
• Building Class    B
• Year Built/Renovated    1963/2007
• Price    8,500,000
• Price Per SF    890
• Cap Rate    4.63
• NOI    393,501
• Tenancy    Single
• Building Height    2 Stories
• Building FAR    1.15
• Land Acres    0.19 AC
• Opportunity Zone    Yes State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.

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