By Tom Hanna, 4 years and 6 months ago
Scottsdale Retail Center $473/square foot
The five year old, 25,575-square-foot, 3.14 acre North Scottsdale Gateway zero vacancy retail center in North Scottsdale, Arizona has sold for $12.1 million or $473/square foot.
Originally built in 2000, the retail center is situated on 3.14 acres and is 100 percent leased to FedEx Kinko's, Quiznos and Cingular Wireless among others. The center is part of a larger, mixed-use development that includes BNC National Bank, Residence Inn Marriott, restaurants and a Class-A office building.
Scottsdale Retail Center Sells for $12M, Part of 1031 Exchange
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