SCOTTSDALE, AZ – January 14, 2025 – Nick Miner, CCIM of Orion Investment Real Estate represented Tiffany Gordon in the successful disposition of the net-leased investment property located at 3001 North Hayden Road in Scottsdale for $1,775,000.00, or $2,418 per square foot.
This triple-net leased investment in South Scottsdale was a great opportunity for the Buyer because of location, excellent visibility, traffic counts, and a well-established tenant with
multiple locations and under a long-term lease at this location.
The city is loosely divided into four areas: South Scottsdale (McKellips Road north to Thomas Road), Old Town (Downtown) Scottsdale, Central Scottsdale (also known as the “Shea Corridor,” extending from Camelback Road north to Shea Boulevard), and North Scottsdale. South Scottsdale & Old Town Scottsdale have always been among the most vibrant and unique urban downtown centers in the American Southwest. Its pedestrian-friendly streets are home to world class art galleries, museums, restaurants, churches and retail shops.
The property recently had the roof recoated in 2024. The property has a drive-thru with an outdoor patio providing for today’s requirements for QSR Tenants.
“This was the only asset my client owned in Arizona,” Miner commented. “The buyer is local and the location is highly desirable for them.”
Seller, Tiffany Gordon, was represented by Miner of Orion Investment Real Estate.
Buyer, Ziveli Properties II, LLC, was represented by Sean Lieb of LevRose Commercial.
About the Tenant:
“At Adalbertos Mexican Food, we are passionate about bringing authentic Mexican cuisine to our customers. Our journey began over 35 years ago when our founder, The Davila Brothers, immigrated to the United States and started working in various Mexican restaurants. He eventually saved up enough money to open his own restaurant, and Adalbertos Mexican Food was born. We believe that fresh ingredients are key to making delicious food. That’s why we use only the freshest and highest quality ingredients in all of our dishes. Our meats are sourced from local farms and our produce is delivered daily. Come taste the difference at Adalbertos Mexican Food. We want our customers to feel like they are part of our family when they dine with us. That’s why we’ve created a warm and inviting atmosphere that is perfect for family dinners, date nights, and everything in between. Come experience the ambiance at Adalbertos Mexican Food.” – adalnertosaz.com
For more information, call me!
RELATED LINKS:
Net-Leased Investment Property in Scottsdale Trades Hands – RED News