Gradient that fades to transparency

Multi-tenant Retail Investment

$999,000

MHG Commercial

Your partner in commercial real estate


55 N Arizona Pl | Suite 104

Chandler, AZ 85225 | United States

mhgcommercial.com

powered by My Home Group

7117 & 7119 E Mercer Ln Scottsdale 85254

Silver Line

Audra Travis

Commercial Sales & Leasing

602-810-6095

audra@mhgcommercial.com

Investment Highlights

±3192 SF in highly sought after Scottsdale and adjacent to Paradise Valley


100% Occupied


Below market rents with upside as tenant's leases expire


Retail complex built in 1973


APN: 175-4-109 & 175-42-108


Zoned C-3


6 covered parking spaces


Co-tenants with Phoenix Flower Shop, Handlebar J's and Valley Light Gallery

Doggie Daycare

My Dog’s Hair Salon

Suite 103


Possible Owner/User Space

11'5"

Total Square Feet

683.5

Reception

Storage & Laundry

Quiet Wash Area

Storage

7'2" x 7'4"

Office

7'2" x 10'4"

Outlined Oval

Work Area

26' x 20'6"

27'9"

Total Square Feet

1664

half wall

15'5"

Total Square Feet

912.15

Retail

14' x 13'11"

Total Square Feet

3192


60'

*rendering is approximate

Location highlights:

Strong area with significant disposable incomes


High average household incomes with over $148,000 within a 2 mile radius


Median home values $750,000


Within moments of Shea & Scottsdale intersection

Old Town Scottsdale

Scottsdale

The West's Most Western Town

Local

Economic

Statistics

Rankings

#1

#1

#3

6

top

POPULATION GROWTH

Maricopa County

Census 2022

TOP MARKET FOR TALENT ATTRACTION Maricopa County

Emsi Burning Glass 2021

BEST CITIES FOR RETIREMENT

Scottsdale

ThinkAdvisor 2021

TOP STATES FOR ECONOMIC MOMENTUM Arizona

State Policy Reports 2021

Nearly half of all Scottsdale households make more than $100,000 a year.

Source: U.S. Census (2016-2020 ACS)

Gray Rock

About MHG Commercial:

MHG Commercial is based in Phoenix, Arizona, and is dedicated to providing unparalleled service to its clients. MHG Commercial is a division of My Home Group, the fastest-growing real estate brokerage in Arizona.


MHG Commercial builds strong partnerships based on trust and integrity. They prioritize relationships with their residential agent partnerships, community leaders, clients, and referrals. Their commitment to these relationships allows them to expand their knowledge and make a positive impact on the local community.


Overall, MHG Commercial is known for its experienced professionals, transparent and informed approach, and dedication to client satisfaction. Their diverse expertise, collaborative experience, and commitment to building relationships make them a reliable partner for commercial real estate needs in Arizona.

White composition of 3 diamonds

Audra Travis

Commercial Sales & Leasing

602-810-6095

audra@mhgcommercial.com

Disclaimer

The information and content contained in this Offering Memorandum ("OM") is proprietary and strictly confidential. It is intended to be reviewed only by the party in receipt and should not be made available to any other person or entity without the written consent of MHG Commercial Real Estate brokered by My Home Group ("MHG"). This OM has been prepared to provide a summary to prospective buyers and to establish a preliminary level of interest in the subject property. The information contained herein is not a substitute for a thorough due diligence investigation. MHG has not made any investigation, and makes no warranty or representation, with respect to the income or expenses for the subject property, the future projected financial performance of the property, the size and square footage of the property and improvements, the presence or absence of contaminating substances, the compliance with State and Federal regulations, the physical condition of the improvements thereon, or the financial condition or business prospects of any buyer/tenant, or any buyer/tenant’s plans or intentions to continue its occupancy of the subject property. The information contained in this OM has been obtained from sources we believe to be reliable; however, MHG has not verified, and will not verify, any of the information contained herein, nor has MHG conducted any investigation regarding these matters and makes no warranty or representation whatsoever regarding the accuracy or completeness of the information provided. Buyers/tenants must verify all of the information and bears all risk for any inaccuracies. All prospective buyers/tenants must take appropriate measures to verify all of the information set forth herein.


By accepting the terms of this Disclaimer you agree to release MHG and hold it harmless from any kind of claim, cost, expense, or liability arising out of your investigation and/or purchase/lease of this property.


PROPERTY SHOWINGS ARE BY APPOINTMENT ONLY. PLEASE CONTACT THE LISTING AGENT FOR MORE DETAILS.