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Sina Center 17040 N Scottsdale Rd 6,650 SF 100% Leased Retail Building Scottsdale, AZ 85255 For Sale
Investment Highlights
- Highly successful restaurant with over 27 years of operating history and 3,000+ 5-star reviews.
- New 3-year lease executed May 2025 with two 5-year renewal options for long-term stability.
- Proximity to TPC Scottsdale and luxury resorts, attracting tourists and high-income consumers.
- Prime North Scottsdale location with 85,000+ vehicles per day and monument signage.
- Exceptional demographics: $161,000+ average household income within 5 miles and 206,494 residents.
- Over $140,000 in tenant improvements and $75,000 in included decor over the past 5 years.
Executive Summary
Matthews Real Estate Investment Services, Inc
License # CO701910000, BR715518000 (AZ)
4110 N Scottsdale Rd Suite 100, Scottsdale, AZ 85251
(866) 889-0550
Property Facts
Amenities
- Bus Line
- Signage
- Signalized Intersection
- Wheelchair Accessible
- Air Conditioning
- Smoke Detector
Major Tenants
- Tenant
- Industry
- SF Occupied
- Rent/SF
- Lease Type
- Lease End
-
- Finance and Insurance
- -
- -
- -
- -
Allstate began in 1931 when Sears Roebuck created it to sell auto insurance by mail. The company became fully independent in 1995 after Sears divested its shares. Allstate offers multiple insurance products across personal and commercial lines. The company provides homeowners, auto, renters, and life insurance through various distribution channels. Allstate maintains a significant market presence in the United States insurance industry.
- Caspian Food Market
- Retailer
- -
- -
- -
- -
- Persian Room
- Retailer
- -
- $30.00
- Triple Net
- Mar 2021
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- Finance and Insurance
- -
- -
- -
- -
Thrivent is a membership-owned, not-for-profit financial services organization that provides financial advice, insurance, investment products, and banking services. The organization traces its origins to 1902 through predecessor entities and was formally established in its current structure in 2002 following the merger of Aid Association for Lutherans and Lutheran Brotherhood. Thrivent operates as a fraternal benefit society and is headquartered in Minneapolis, Minnesota.
| Tenant | Industry | SF Occupied | Rent/SF | Lease Type | Lease End | |
|
|
Finance and Insurance | - | - | - | - | |
| Caspian Food Market | Retailer | - | - | - | - | |
| Persian Room | Retailer | - | $30.00 | Triple Net | Mar 2021 | |
|
|
Finance and Insurance | - | - | - | - |
Nearby Major Retailers
Property Taxes
| Parcel Number | 215-43-322A | Improvements Assessment | $0 |
| Land Assessment | $0 | Total Assessment | $375,454 |
Property Taxes
Presented by
Sina Center | 17040 N Scottsdale Rd
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