Trophy Net Lease Investment on Coveted Scottsdale Rd Near Old Town Scottsdale

2414 N Scottsdale Rd Scottsdale, AZ 85257

2414 N Scottsdale Rd, Scottsdale, AZ, 85257
2414 N Scottsdale Rd, Scottsdale, AZ, 85257
FOR SALE NNN Property
Property Type:
Single Tenant Retail (NNN)
Amount:
$4,080,000
Cap Rate:
4.75%
Last Verified:
Jun 13, 2019

RELOCATION STORE

Tenant is moving 1/2 mile south after nearly 50 years of service

within the immediate area, showing a strong commitment the

trade area.

NEAR VIBRANT OLD TOWN SCOTTSDALE

The property is located south of Scottsdale Road and Thomas

Road, approximately 1 mile away from Old Town Scottsdale.

Nearby national retailers include Albertsons, Starbucks, Tuft &

Needle, McDonald’s, Chase Bank, Discount Tire, and more.

EXCELLENT VISIBILITY

Located on heavily trafficked Scottsdale Road with daily traffic

counts exceeding 38,000 vehicles per day.


Additional URLs

Map of 2414 N Scottsdale Rd, Scottsdale, AZ, 85257

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What are Real Estate Incentives?

Real Estate incentives range widely and have been overlooked by the Commercial Multiple Listing Services (MLS) for decades. Real estate incentives is a generic term used to group any number of programs, such as tax incentives, that are designated by an agency for a geographic area."

Why are Real Estate Incentives Important and to Whom?

"Incentives" are vital today and in the future because:

  • U.S. Public: Many incentives focus on job creation and Affordable Housing
  • Investors and Commercial Developers use incentives to reduce financial risk, obtain gap financing, etc. Investors and developers look for property listings with incentives available.
  • Commercial Real Estate Brokers, in mass, unfortunately do not know about incentives tied to their listings
  • Entire Supply Chain of Real Estate Development such as small and large companies who will provide goods and services to new and revitalized properties.