SINGLE TENANT ABSOLUTE NNN | 4321 N Scottsdale Rd
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SINGLE TENANT ABSOLUTE NNN 4321 N Scottsdale Rd 9,551 SF Retail Building Scottsdale, AZ 85251 $7,840,000 ($820.86/SF) 5.25% Cap Rate
INVESTMENT HIGHLIGHTS
- Extremely rare frontage property available on Scottsdale Rd near Camelback Rd
- Zoned D/OC-2, City of Scottsdale within the opportunity zone
- ±$32.8M spent annually on entertainment and recreation within 1 mile of the property (Source: CBRE Research)
- Building size is ±8,200 SF featuring ±6,400 SF with a mezzanine and ±1,800 SF patio
- Located in the heart of more than 100 of the city’s best restaurants, craft cocktail bars, lounges and high-energy nightclubs (Source: Scottsdale Ariz
- Over 33,000 vehicles per day drive past the property (Source: Esri)
EXECUTIVE SUMMARY
Barstool Scottsdale is a premier nightlife destination located at 4321 North Scottsdale Road in the heart of Old Town Scottsdale. Opened in November 2022, this 9,551-square-foot venue, complete with a 1,700-square-foot patio overlooking Scottsdale Road, blends sports, entertainment, and dining to create a dynamic atmosphere. As part of the Barstool Sports brand, originally founded by David Portnoy in 2003, this location continues the brand's expansion into the hospitality industry, joining successful ventures in cities like Chicago and Philadelphia. Barstool Scottsdale boasts a modern and chic design with numerous high-definition TVs, making it the go-to spot for catching live sports events while enjoying a wide variety of craft cocktails and mouthwatering menu items like tacos, burgers, and fish and chips. Whether you're relaxing on the patio with friends, celebrating a milestone, or immersing yourself in the electrifying energy of Old Town Scottsdale's nightlife, Barstool Scottsdale delivers an unforgettable experience at the intersection of entertainment and excitement.
PROPERTY FACTS
Sale Type
Investment
Property Type
Retail
Property Subtype
Restaurant
Building Size
9,551 SF
Building Class
B
Year Built/Renovated
1963/2007
Price
$7,840,000
Price Per SF
$820.86
Cap Rate
5.25%
NOI
$411,600
Tenancy
Single
Building Height
2 Stories
Building FAR
1.15
Lot Size
0.19 AC
Opportunity Zone
Yes
Zoning
D/OC-2, Scottsdale - Commercial
Parking
5 Spaces (0.52 Spaces per 1,000 SF Leased)
Frontage
62’ on Scottsdale
AMENITIES
- Bus Line
- Signage
- Wheelchair Accessible
- Air Conditioning
MAJOR TENANTS
- TENANT
- INDUSTRY
- SF OCCUPIED
- RENT/SF
- LEASE END
- Two Brothers Taphouse & Brewing
- Manufacturing
- 8,165 SF
- -
- -
| TENANT | INDUSTRY | SF OCCUPIED | RENT/SF | LEASE END | ||
| Two Brothers Taphouse & Brewing | Manufacturing | 8,165 SF | - | - |
Walk Score®
Very Walkable (83)
Bike Score®
Very Bikeable (87)
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Numbers | Improvements Assessment | $0 | |
| Land Assessment | $49,277 | Total Assessment | $205,050 |
PROPERTY TAXES
Parcel Numbers
Land Assessment
$49,277
Improvements Assessment
$0
Total Assessment
$205,050
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SINGLE TENANT ABSOLUTE NNN | 4321 N Scottsdale Rd
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