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TUFT & NEEDLE - SCOTTSDALE, AZ 2730 N Scottsdale Rd 3,339 SF Retail Building Scottsdale, AZ 85257 $3,098,942 CAD ($928.10 CAD/SF) 6.57% Cap Rate

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INVESTMENT HIGHLIGHTS

  • TRAFFIC COUNTS: Excellent visibility/access on Scottsdale Rd, the market’s primary north-south corridor, with traffic counts of 39,292 CPD!
  • VERY AFFLUENT DEMOGRAPHICS: Total Population (5-mi) of 270,252 with an Average Household Income of $145,858 (3-mi)
  • EXCEPTIONAL LOCATION: CLOSE PROXIMITY TO THE MOST PRESTIGIOUS UNIVERSITY IN ARIZONA

EXECUTIVE SUMMARY

Tuft and Needle is in Close proximity from Old Town Scottsdale - a vibrant & unique destination featuring Southwest’s finest museums and art galleries, restaurants and nightclubs, local retail shops, boutique hotels, and performing arts centers; Scottsdale Fashion Square - one of the top indoor malls in the U.S. with key tenants such as Neiman Marcus, Nordstrom, Dior, Dolce & Gabbana, Ferragamo, Versace, Balenciaga, Saint Laurent, Boss, Burberry, Apple, Louis Vuitton, Tiffany & Co., Cartier, Bulgari, and Gucci. Tuft & Needle is in close proximity with Arizona State University. Arizona State University is a public, research-focused university with a wide range of degree programs and consistently ranked as one of the largest universities in the United States. ASU focuses on advancing research, innovation and entrepreneurship, and providing accessible learning opportunities, offering more than430 undergraduate and over 590 graduate programs with 72,994 students enrolled across its campuses (Fall 2024). It is Located one mile north from the Subject Property, this337-bed, full-service acute-care hospital is known for being a leader in trauma, orthopedics, neurosurgery and cardiovascular services. It features a Level I Trauma Center, a Primary Stroke Center, and a Level III Neonatal Intensive Care Unit (NICU).

PROPERTY FACTS

Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Storefront
Building Size
3,339 SF
Building Class
C
Year Built
2016
Price
$3,098,942 CAD
Price Per SF
$928.10 CAD
Cap Rate
6.57%
NOI
$203,606 CAD
Tenancy
Single
Building Height
1 Story
Building FAR
0.19
Lot Size
0.40 AC
Opportunity Zone
Yes
Zoning
C-3

AMENITIES

  • Signage
Walk Score®
Very Walkable (79)
Bike Score®
Very Bikeable (73)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®

NEARBY MAJOR RETAILERS

Jpmorgan Chase & And Co
Cafe Rio
Ahipoki Bowl
Albertsons
YouFit Gyms
Starbucks
Dutch Bros
Bank of America
Salad and Go
Denny's

PROPERTY TAXES

PROPERTY TAXES

Parcel Numbers
Multiple
  • 129-01-006D
  • 129-01-007A
Land Assessment
$28,907 CAD
Improvements Assessment
$0 CAD
Total Assessment
$151,997 CAD
  • Listing ID: 37904002

  • Date on Market: 2025-10-01

  • Last Updated:

  • Address: 2730 N Scottsdale Rd, Scottsdale, AZ 85257

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