SRS Negotiates Sale of Old Town Scottsdale Retail Building

SRS Real Estate Partners completed the sale of a multi-tenant building located at 4280 N. Drinkwater Blvd. in Scottsdale on behalf of ONETEN REI. The 6,725-square-foot building is located in the heart of Old Town Scottsdale and is an Opportunity Zone candidate. Amid the COVID-19 pandemic, the property sold for $1,898,615, which translates to $282-per-square-foot.

Built in 2000, tenants include, Infinite Hair Gallery, Mane Event Salon & Day Spa, Paris Nightclub and Simon’s Hot Dogs.

Sean Lieb of SRS Real Estate Partners represented the buyer, ONETEN REI, in this transaction.