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15227 N 87th St
Scottsdale, AZ 85260
Northsight Retail Center | Scottsdale, AZ · Retail Property For Sale
Investment Highlights
- Prime Outparcel Location to Top-Performing Walmart Supercenter
- 100% Occupied with Strong National/Regional Tenants: Starbucks, Capriotti’s, Express Employment Professionals, and T-Mobile
- Upside Rent Potential: Several shop tenants pay below-market rents of $30 PSF; a recent 4,600 SF lease was executed at $40 PSF
- Positioned in an Outparcel to a High-Performing Walmart Supercenter, Ranked #1 of 4 Within a 10-mile Radius (Placer.ai)
- Established, Committed Tenants: Starbucks and T-Mobile have operated at the center since it was built in 2004 and both renewed leases in 2024
- Built-In Inflation Protection: All leases include scheduled rent increases
Property Facts
Property Type
Retail
Property Subtype
Freestanding
Building Size
11,079 SF
Building Class
B
Year Built
2004
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.20
Lot Size
1.29 AC
Zoning
C-3, Scottsdale
Parking
55 Spaces (4.87 Spaces per 1,000 SF Leased)
Frontage
Amenities
- Dedicated Turn Lane
- Freeway Visibility
- Drive Thru
Property Taxes
| Parcel Number | 215-52-049 | Improvements Assessment | $0 |
| Land Assessment | $0 | Total Assessment | $483,821 |
Property Taxes
Parcel Number
215-52-049
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$483,821
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