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SINGLE TENANT ABSOLUTE NNN 4321 N Scottsdale Rd

9,551 SF Retail Building Scottsdale, AZ 85251 £6,266,669 (£656/SF) 5.25% Net Initial Yield

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
£6,266,669
Price Per SF
£656
Net Initial Yield
5.25%
NOI
£329,000
Tenancy
Single
Number of Floors
2
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 ft on Scottsdale

Amenities

  • Bus Route
  • 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 (85)
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

Olive & Ivy
P.F. Chang's China Bistro
Academy Bank
Shake Shack
Nespresso
Kona Grill
Yard House
Five Guys
Starbucks
Moxies

PROPERTY TAXES

PROPERTY TAXES

Parcel Numbers
Multiple
  • 173-41-036A
  • 173-41-028A
  • 173-41-029
  • 173-41-028
Land Assessment
£39,663
Improvements Assessment
£0
Total Assessment
£165,043
  • Listing ID: 34233897

  • Date on Market: 22/10/2019

  • Last Updated:

  • Address: 4321 N Scottsdale Rd, Scottsdale, AZ 85251

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