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Salon Lofts Suites & Spa | Scottsdale - Across from TPC | Absolute Net Lease | Strong Demographics

8889 E Bell Rd, Scottsdale (Phoenix MSA), AZ 85260

Listing Price: $2,800,000

Cap Rate
7.69%
Tenant Name
Salon Lofts Suites & Spa
Years Remaining On Lease
12.3
Gross SF
5,400
Guarantor
Corporate Guarantee
Rentable SF
5,400
Price/Gross SF
$518.52
Lease Type
Absolute Net
Rent Per Square Feet
$39.88

Investment Overview

The area surrounding this location in Scottsdale is known for its upscale and vibrant atmosphere, making it an attractive spot for both residents and visitors. Scottsdale is often recognized for its luxury living, beautiful resorts, and world-class shopping, dining, and entertainment options. The area is nestled in a region that offers a perfect blend of natural beauty and urban sophistication.

Scottsdale’s proximity to the McDowell Sonoran Preserve allows for easy access to outdoor activities like hiking, biking, and horseback riding, offering residents and tourists a healthy lifestyle option amid stunning desert landscapes. The city is also renowned for its art scene, with numerous galleries and museums, including the Scottsdale Museum of Contemporary Art, attracting those with a passion for culture and creativity.

The local economy thrives on a mix of tourism, retail, and service industries. Scottsdale's downtown area, just a short drive away, offers a variety of chic boutiques, high-end dining experiences, and a vibrant nightlife, making it a popular destination for both locals and tourists. Additionally, Scottsdale is home to a number of top-rated golf courses, spas, and resorts, drawing visitors seeking relaxation and luxury.

For those working in the area, Scottsdale boasts a range of professional opportunities, with a concentration of businesses in industries such as technology, healthcare, and finance. The region is also known for its excellent schools, parks, and family-friendly amenities, making it an ideal place to live for individuals and families alike.

Investment Highlights

  • Long Term Corporate Backed Absolute Net Lease Featuring 10% Rental Increases Every 5 Years throughout the Initial Term and Options. High Quality First Floor Condominium Interest.
  • Strategically Positioned in one of Scottsdale's most Affluent Commercial Corridors - benefits from High Visibility, Strong Foot Traffic, and proximity to Upscale Retail, Dining, and more.
  • Located in a Densely Populated and High-Income Trade Area with Average Household Incomes Exceeding $114k within a 3-Mile Radius, providing a Strong Client Base for Personal Care, Wellness, etc.
  • In Close Proximity to the Scottsdale Airpark Employment Corridor - one of the Largest Employment Centers in Arizona with more than 55k Employees in Finance, Tech, Healthcare, and Professional Services.
  • Proximity to Scottsdale Quarter and Kierland Commons, two of the Region's most Popular Luxury Lifestyle Centers, draws Steady Shopper Traffic and Supports High Disposable Income Levels in the Immediate Trade Area.
  • Surrounded by Luxury Residential Communities such as DC Ranch, McDowell Mountain Ranch, and Grayhawk, where Average Home Values Exceed $1 Million, driving the Demand for Premium Personal Care Services.
  • Directly Across from TPC Scottsdale - World-Renowned Host of the Waste Management Phoenix Open, the most Attended Golf Tournament on the PGA Tour drawing over 700k Attendees each Year during Tournament Week alone.
  • Immediate Access to Loop 101 Freeway Provides Exceptional Regional Connectivity, drawing Clientele from North Scottsdale, Paradise Valley, and Surrounding Affluent Neighborhoods. Positioned in a High-Growth Area experiencing Rapid Commercial and Residential Expansion, with Continued Development Driving Increasing Demand for Retail, Office, and Service-Based Businesses Looking to Capitalize on Future Potential.

Exclusively Listed By

  • Alvin N. Mansour

    Executive Managing Director Investments

    (858) 373-3184

    Email Alvin

    License(s): CA: 01391653, TX: 0606255

    San Diego Downtown

  • Jon Talia

    First Vice President Investments

    (858) 373-3186

    Email Jon

    License(s): CA: 02031343

    San Diego Downtown

Broker of Record

  • Ryan Sarbinoff

    First Vice President/Regional Manager

    (602) 687-6700

    License(s) AZ: BR675146000

    Arizona

Miscellaneous

Salon Lofts Suites & Spa | Scottsdale - Across from TPC | Absolute Net Lease | Strong Demographics

Listing Price: $2,800,000

Cap Rate
7.69%
Tenant Name
Salon Lofts Suites & Spa
Years Remaining On Lease
12.3
Gross SF
5,400
Guarantor
Corporate Guarantee
Rentable SF
5,400
Price/Gross SF
$518.52
Lease Type
Absolute Net
Rent Per Square Feet
$39.88

Investment Highlights

  • Long Term Corporate Backed Absolute Net Lease Featuring 10% Rental Increases Every 5 Years throughout the Initial Term and Options. High Quality First Floor Condominium Interest.
  • Strategically Positioned in one of Scottsdale's most Affluent Commercial Corridors - benefits from High Visibility, Strong Foot Traffic, and proximity to Upscale Retail, Dining, and more.
  • Located in a Densely Populated and High-Income Trade Area with Average Household Incomes Exceeding $114k within a 3-Mile Radius, providing a Strong Client Base for Personal Care, Wellness, etc.
  • In Close Proximity to the Scottsdale Airpark Employment Corridor - one of the Largest Employment Centers in Arizona with more than 55k Employees in Finance, Tech, Healthcare, and Professional Services.
  • Proximity to Scottsdale Quarter and Kierland Commons, two of the Region's most Popular Luxury Lifestyle Centers, draws Steady Shopper Traffic and Supports High Disposable Income Levels in the Immediate Trade Area.
  • Surrounded by Luxury Residential Communities such as DC Ranch, McDowell Mountain Ranch, and Grayhawk, where Average Home Values Exceed $1 Million, driving the Demand for Premium Personal Care Services.
  • Directly Across from TPC Scottsdale - World-Renowned Host of the Waste Management Phoenix Open, the most Attended Golf Tournament on the PGA Tour drawing over 700k Attendees each Year during Tournament Week alone.
  • Immediate Access to Loop 101 Freeway Provides Exceptional Regional Connectivity, drawing Clientele from North Scottsdale, Paradise Valley, and Surrounding Affluent Neighborhoods. Positioned in a High-Growth Area experiencing Rapid Commercial and Residential Expansion, with Continued Development Driving Increasing Demand for Retail, Office, and Service-Based Businesses Looking to Capitalize on Future Potential.

Investment Overview

The area surrounding this location in Scottsdale is known for its upscale and vibrant atmosphere, making it an attractive spot for both residents and visitors. Scottsdale is often recognized for its luxury living, beautiful resorts, and world-class shopping, dining, and entertainment options. The area is nestled in a region that offers a perfect blend of natural beauty and urban sophistication. Scottsdale’s proximity to the McDowell Sonoran Preserve allows for easy access to outdoor activities like hiking, biking, and horseback riding, offering residents and tourists a healthy lifestyle option amid stunning desert landscapes. The city is also renowned for its art scene, with numerous galleries and museums, including the Scottsdale Museum of Contemporary Art, attracting those with a passion for culture and creativity. The local economy thrives on a mix of tourism, retail, and service industries. Scottsdale's downtown area, just a short drive away, offers a variety of chic boutiques, high-end dining experiences, and a vibrant nightlife, making it a popular destination for both locals and tourists. Additionally, Scottsdale is home to a number of top-rated golf courses, spas, and resorts, drawing visitors seeking relaxation and luxury. For those working in the area, Scottsdale boasts a range of professional opportunities, with a concentration of businesses in industries such as technology, healthcare, and finance. The region is also known for its excellent schools, parks, and family-friendly amenities, making it an ideal place to live for individuals and families alike.

Exclusively Listed By

  • Alvin N. Mansour

    Executive Managing Director Investments

    (858) 373-3184

    Email Alvin

    License(s): CA: 01391653, TX: 0606255

    San Diego Downtown

  • Jon Talia

    First Vice President Investments

    (858) 373-3186

    Email Jon

    License(s): CA: 02031343

    San Diego Downtown

Broker of Record

  • Ryan Sarbinoff

    First Vice President/Regional Manager

    (602) 687-6700

    License(s): AZ: BR675146000

    Arizona

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