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Persian Room 17040 N Scottsdale Rd 6,650 SF 100% Leased Retail Building Scottsdale, AZ 85255 $8,800,000 ($1,323.31/SF)
Investment Highlights
- High Traffic and Visibility: Located just North of the intersection of Scottsdale and Bell Road, the property benefits from average daily traffic coun
- Retail & Entertainment Area: The property is strategically positioned near two of Scottsdale’s most prestigious shopping and entertainment districts,
- Tourism and Visitor Appeal: North Scottsdale remains a key destination for business travelers, tourists, and seasonal residents. The property benefits
- Exceptional Demographics: Within a 5-mile radius, the property has a high average household income of over $161,000, and the area is experiencing cont
- New Multi-Family Developments in the Area: Three major multifamily developments are currently under construction in a 3-mile radius including – The Lu
- Proximity to TPC Scottsdale Golf Course and the Waste Management Phoenix Open: The property is adjacent to the world-renowned TPC Scottsdale Golf Cour
Executive Summary
Broker of Record
David Harrington
License # CO701910000 (AZ)
Matthews Real Estate Investment Services, Inc
4110 N Scottsdale Rd Suite 100, Scottsdale, AZ 85251
(866) 889-0550
David Harrington
License # CO701910000 (AZ)
Matthews Real Estate Investment Services, Inc
4110 N Scottsdale Rd Suite 100, Scottsdale, AZ 85251
(866) 889-0550
Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Freestanding
Building Size
6,650 SF
Building Class
B
Year Built
2001
Price
$8,800,000
Price Per SF
$1,323.31
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.10
Lot Size
1.49 AC
Zoning
C-C - C-C, Community Commercial
Parking
40 Spaces (6.02 Spaces per 1,000 SF Leased)
Frontage
181’ on North Scottsdale Road
Amenities
- Bus Line
- Signage
- Signalized Intersection
- Wheelchair Accessible
- Air Conditioning
- Smoke Detector
Major Tenants
- Tenant
- Industry
- SF Occupied
- Rent/SF
- Lease Type
- Lease End
- Persian Room
- Retailer
- -
- $46.00
- Triple Net
- Mar 2021
| Tenant | Industry | SF Occupied | Rent/SF | Lease Type | Lease End | |
| Persian Room | Retailer | - | $46.00 | Triple Net | Mar 2021 |
Nearby Major Retailers
Property Taxes
| Parcel Number | 215-43-322A | Improvements Assessment | $0 |
| Land Assessment | $0 | Total Assessment | $375,454 |
Property Taxes
Parcel Number
215-43-322A
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$375,454
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Persian Room | 17040 N Scottsdale Rd
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