2766 N Scottsdale Rd
Scottsdale, AZ 85257
Tuft & Needle: Strong Demographics! · Retail Property For Sale

Tuft & Needle has 8+ years remaining on an initial ten-year NN lease with 10% rental escalations every 5 years and two 5 year renewal options. The tenant, headquartered in Phoenix, Arizona, has 3 locations, two of which are in Arizona and one in Seattle with two other stores opening soon. The subject property is a very high sales volume store and is only one of two physical locations in Arizona. The infill area has excellent frontage on Scottsdale Road and is one of a few properties on Scottsdale Road that trade annually! Tuft & Needle is located in Scottsdale, Arizona and is positioned just off a hard corner with high driveby visibility on Scottsdale Road. The subject property is located 3.5 miles from Arizona State University Tempe (8th largest university in the US by enrollment) and less than one mile from HonorHealth Scottsdale Osborn Medical Center (a 337-bed, full-service hospital). Nearby retailers include: Albertsons, Heart of Old Town Scottsdale, Neiman Marcus, Nordstrom, Macy’s, Dillard’s, Burberry, Hugo Boss, Bulgari, Cartier, Tiffany & Co., Crate & Barrel, Kate Spade New York, Louis Vuitton, Salvatore Ferragamo, Harkins Theatres, etc.