4227 North Brown Avenue Scottsdale, AZ 85251 FOR SALE

More documents

Recommendations

Info

4227 North Brown Avenue E. Stetson Dr. Property Proile N. Scosdale Rd. E. 4th Ave. E. 3rd Ave. N. Drinkwater Blvd. site N. Brown Ave. E. Indian School Rd. E. 6th Ave. Address: 4227 North Brown Avenue Scottsdale, Arizona Property: 1 Story retail/ofice building Size: ±2,513 square feet of ofice/retail situated on ± .11 acres of land Zoning: C-2DO, P-3, DO & P-2 City of Scottsdale Year Built: 1971 Trafic Counts: N. Scottsdale Road & E. 6th Avenue: 32,573 CPD E. Stetson Dr. Pricing Summary E. 5th Ave. N. Drinkwater Blvd. E. 6th Ave. Price: $475,000 Per Square Foot: $189.02 E. 4th Ave. N. Brown Ave. site Executive Summary Page 2
4227 North Brown Avenue Executive Summary Summary LevRose Real Estate has been exclusively retained LevRose Real Estate has been exclusively retained to sell 4227 N Brown Ave in Scottsdale, Arizona. It consists of two freestanding, approximately 1,250 square feet buildings with a center courtyard. Owners of similar properties in the immediate area have enclosed the center courtyard to add additional building square footage and create a continuous low of the internal space. Additional options allow for a user to renovate one of the buildings to their desired layout with own choice of ixtures and inishes. Location Highlights Downtown Scottsdale offers a combination of some of the inest shopping, night life, cultural and tourist attractions, galleries, and dining in the State. Scottsdale Fashion Square Mall is reported as the largest shopping mall in Arizona and the American Southwest with approximately 2 million square feet; and one of the top 10 most proitable malls in the country with over $740 sales per square foot (more than $400 over the national average) with its 12 million visitors annually. This property enjoys a central location surrounded by: the Art and Culture, Gallery District, Old Town District, 5th Ave District, Civic Center District, Fashion Square District, Waterfront District, and Entertainment District; along with Special Events, Dining, and a Free Trolley. In recent months there has been a surge in multifamily residential projects breaking ground and in planning stages which will eventually bring thousands of additional full time residents to the immediate area. This expectedly should create a great beneit all the area properties and businesses. Investment Highlights • A quickly depleting inventory, this is one of the few available Downtown properties within similar square footage • Ability to renovate or add value to a new owner’s choosing • Excellent proximity to area amenities. Walking distance to Banks, Hotels, Coffee Shops, Fine Dining, and much more • Vastly improving Downtown with many new Highend Residents to soon be in the community. Executive Summary Page 1
Page 1: Great Value-Add Potential Property
Page 5 and 6: 4227 North Brown Avenue Sale Comps

4227 North Brown Avenue Scottsdale, AZ 85251 FOR SALE

Create successful ePaper yourself

Delete template?

Save as template?