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Watermark - Retail 430 N Scottsdale Rd 2,408 SF of 4-Star Retail Space Available in Tempe, AZ 85281
Highlights
- Perfectly positioned at Loop 202 and Scottsdale Road
- 65,000 square feet of Class A office space and 44,000 square feet of curated retail and dining
- The Watermark stands as Tempe’s premier mixed-use destination
- The Watermark is more than a development—it is a statement.
Space Availability (1)
Display Rental Rate as
- Space
- Size
- Term
- Rental Rate
- Rent Type
| Space | Size | Term | Rental Rate | Rent Type | ||
| Ground, Ste C107 | 2,408 SF | Negotiable | Upon Request Upon Request Upon Request Upon Request | Triple Net (NNN) |
Ground, Ste C107
2,408 SF Restaurant Space
- Lease rate does not include utilities, property expenses or building services
- Fully Built-Out as a Restaurant or Café Space
- Located in-line with other retail
- Space is in Excellent Condition
- Central Air Conditioning
- Private Restrooms
- Freezer Space
- After Hours HVAC Available
- 2,408 SF Restaurant Space
- Fully built out
Rent Types
The rent amount and type that the tenant (lessee) will be responsible to pay to the landlord (lessor) throughout the lease term is negotiated prior to both parties signing a lease agreement. The rent type will vary depending upon the services provided. For example, triple net rents are typically lower than full service rents due to additional expenses the tenant is required to pay in addition to the base rent. Contact the listing broker for a full understanding of any associated costs or additional expenses for each rent type.
1. Full Service: A rental rate that includes normal building standard services as provided by the landlord within a base year rental.
2. Double Net (NN): Tenant pays for only two of the building expenses; the landlord and tenant determine the specific expenses prior to signing the lease agreement.
3. Triple Net (NNN): A lease in which the tenant is responsible for all expenses associated with their proportional share of occupancy of the building.
4. Modified Gross: Modified Gross is a general type of lease rate where typically the tenant will be responsible for their proportional share of one or more of the expenses. The landlord will pay the remaining expenses. See the below list of common Modified Gross rental rate structures: 4. Plus All Utilities: A type of Modified Gross Lease where the tenant is responsible for their proportional share of utilities in addition to the rent. 4. Plus Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of cleaning in addition to the rent. 4. Plus Electric: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical cost in addition to the rent. 4. Plus Electric & Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical and cleaning cost in addition to the rent. 4. Plus Utilities and Char: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the utilities and cleaning cost in addition to the rent. 4. Industrial Gross: A type of Modified Gross lease where the tenant pays one or more of the expenses in addition to the rent. The landlord and tenant determine these prior to signing the lease agreement.
5. Tenant Electric: The landlord pays for all services and the tenant is responsible for their usage of lights and electrical outlets in the space they occupy.
6. Negotiable or Upon Request: Used when the leasing contact does not provide the rent or service type.
7. TBD: To be determined; used for buildings for which no rent or service type is known, commonly utilized when the buildings are not yet built.
Select Tenants at Watermark - Retail
- Tenant
- Description
- US Locations
- Reach
- Crumble Cookies
- Cookies
- 1,120
- International
- Dog Haus
- Restaurant
- 65
- National
- Drybar
- Salon/Barber/Spa
- 275
- National
- F45 Training, Inc.
- Fitness
- 914
- International
- Monroes Hot Chicken
- Restaurant
- 2
- Local
- Rumble
- -
- 1
- -
| Tenant | Description | US Locations | Reach |
| Crumble Cookies | Cookies | 1,120 | International |
| Dog Haus | Restaurant | 65 | National |
| Drybar | Salon/Barber/Spa | 275 | National |
| F45 Training, Inc. | Fitness | 914 | International |
| Monroes Hot Chicken | Restaurant | 2 | Local |
| Rumble | - | 1 | - |
Property Facts
| Total Space Available | 2,408 SF | Gross Leasable Area | 44,000 SF |
| Property Type | Retail | Year Built | 2020 |
| Property Subtype | Retail |
| Total Space Available | 2,408 SF |
| Property Type | Retail |
| Property Subtype | Retail |
| Gross Leasable Area | 44,000 SF |
| Year Built | 2020 |
About the Property
Perfectly positioned at Loop 202 and Scottsdale Road along the north bank of Tempe Town Lake, The Watermark stands as Tempe’s premier mixed-use destination—redefining luxury, connectivity, and urban lifestyle in one of Arizona’s fastest-growing tech hubs. Spanning 15 acres, this master-planned development integrates Class A office, retail, residential, hospitality, and public spaces into a vibrant lakeside environment. The project features 265,000 square feet of Class A office space, designed with high-end finishes, floor-to-ceiling glass, and a dramatic sky lobby offering sweeping lake views. Complementing the workplace experience are 44,000 square feet of curated retail and dining, from boutique shops to signature restaurants, and 360 luxury multifamily residences with resort-style amenities and panoramic mountain and skyline vistas. A planned business-class hotel will further enhance the live-work-play balance, catering to both business travelers and visitors. Thoughtfully designed amenities—including landscaped plazas, lakefront promenades, sky terraces, water features, and a skywalk linking office to parking—create a dynamic sense of place. The Watermark is more than a development—it is a statement. By introducing a new standard of vertical integration and placemaking, it delivers unmatched opportunities for businesses, residents, and retailers alike. Positioned to capture demand from technology, finance, and creative industries, The Watermark offers a premier setting for talent attraction, a gathering place for community, and a landmark asset in one of Greater Phoenix’s most desirable submarkets.
Nearby Major Retailers
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Watermark - Retail | 430 N Scottsdale Rd
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