About the market
Space Available
Located at the northeast corner of 116th and Shea, and currently anchored by Black Rock Coffee, the Scottsdale development is approximately 1.5 acres, with approximately 67 acres available for sale.
Demographics in this market are impressive, with an average HHI over $156,700 within 5 miles of the subject site and growing to over $170,000 within 3 miles. Over 95,000 people live within a 5-mile radius of the 116th and Shea.
The City of Scottsdale has a population of more than 252,000 residents in 2020 and continues to be recognized nationwide as one of the top markets for business performance, job growth, livability, and friendly culture. With a rich history in tourism, Scottsdale is visited by more than 9 million people annually, generating an economic impact of 3.7 billion.
Scottsdale is home to more than 25,000 businesses, with nearly 20 percent of Arizona corporate headquarters calling the city home.
Demographics
2020 Estimated Population
| Radius | Total Population | Daytime Population |
|---|---|---|
| 1 mile | 9,365 | 2,444 |
| 3 mile | 41,660 | 15,436 |
| 5 mile | 95,963 | 85,521 |
2020 Estimated Household Income
| Radius | Average HHI | Median HHI |
|---|---|---|
| 1 mile | $144,622 | $104,016 |
| 3 mile | $170,805 | $117,703 |
| 5 mile | $156,791 | $117,703 |
Current Tenants
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