Monday, September 12, 2016

Scottsdale Retail Center Closed | New Owners Plan to Bring Restaurant to Prime Location

Northside Village III, a small retail center in Scottsdale, recently sold for $1.5 million under Orion Investment Real Estate brokers Judi Butterworth and Derek Buescher. The buyer, local group Mohawk Partners LLC, purchased the 8,532 square-foot property for $172.88 per foot with intent to bring a restaurant to the area in the near future! Because it is near other shopping centers close to Loop 101 and Frank Lloyd Wright Boulevard, this center is a high-traffic area, making it a prime Scottsdale location!

Butterworth and Buescher were quoted, “this property is located in North Scottsdale in the prestigious Scottsdale Airpark. This affluent trade area serves approximately 100,000 employees and is enjoying an influx of popular local restaurants.”

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