Net-Leased Investment Property in Scottsdale Trades Hands

SCOTTSDALE, AZ – (January 16, 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.