10781 N Frank Lloyd Wright Blvd - Freestanding FOR SALE


Scottsdale, AZ 85259
$4,700,000 USD
602-430-3788
10781 N Frank Lloyd Wright Blvd, Scottsdale, AZ for Sale
$4,700,000 USD
Freestanding - FOR SALE
1/17
null | 6% Cap Rate

10781 N Frank Lloyd Wright Blvd
Scottsdale, AZ 85259


HIGHLIGHTS

  • SINGLE TENANT NNN INVESTOR OPPORTUNITY
  • PRIME NORTH CENTRAL SCOTTSDALE LOCATION
  • RARE C-3 HIGHWAY COMMERCIAL ZONING
  • 1.7 ACRE CORNER LOT -FEE SIMPLE INTEREST
  • 14,550 SF FREE-STANDING CLASS B CONSTRUCTION
  • COMPLETELY REMODELED IN 2020 100% OCCUPIED BY MULTI-UNIT POWERSPORTS DEALER

OVERVIEW

Remax Excalibur Commercial, on behalf of the Owner, is pleased to offer this Single Tenant NNN Investment Opportunity located Scottsdale AZ. 100% occupied by Nash Powersports, Arizona's leading dealer (3 locations) for sales and service of select premium brands such as Can-Am BRP, Yamaha, Suzuki, KTM, Kawasaki, Honda, Sea-Doo, Spider and more. Completely remodeled in 2020, this free-standing 14,550 SF building is sited near the corner of Frank Lloyd Wright and Shea Bvld on just over 1.7 acres. Over 5 years remaining on initial Ten year term with Two 5 Year options. 10% base rent increase in Year 6.

FOR SALE DETAILS

PRICE

$4,700,000 USD

PRICE/SF

$323 USD /SF

CAP RATE

6%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Nash Powersports Dealership

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Freestanding

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1999

SPRINKLERS

-

PARKING SPACES

68

LAND DETAILS

LAND ACRES

1.71 AC

LAND SF

74,488 SF

ZONING

C-3, Scottsdale

APN/PARCEL ID

217-32-514

ASK ABOUT THIS PROPERTY

Doug daCostaRE/MAX ExcaliburMore Info
602-430-3788

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Doug daCostaRE/MAX ExcaliburMore Info
602-430-3788

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