9280-9290 E Via De Ventura, Scottsdale, AZ 85258 For Sale

The Block at Pima Center is a ±37,958 square foot, 94% leased multi-tenant retail center located on a long-term ground lease with the Salt River Pima Maricopa Indian Community. The asset generates an NOI of $1,650,695 and is offered at $27,284,221.00 representing a 6.05% cap rate with a 6.50-year weighted average lease term. Strategically positioned within Scottsdale’s premier entertainment and hospitality corridor, The Block at Pima Center sits within a dynamic mixed use destination anchored by Texas Roadhouse, White Castle, OrthoArizona, and the Tru by Hilton Scottsdale Salt River hotel. The site attracts over 9 million visitors annually, with 1.4 million patrons specifically visiting The Block at Pima Center, ranking it among the Top 5 most highly trafficked retail centers in the market. The property benefits from exceptional exposure along Loop 101, with traffic counts exceeding 167,000 vehicles per day, and serves some of the Valley’s most affluent neighborhoods including Gainey Ranch, McCormick Ranch, Scottsdale Ranch, and Paradise Valley. Surrounded by over 58,000 employees within a 3-mile radius and average household incomes exceeding $165,000, the center is ideally positioned to capture both daytime employment traffic and high-income residential spending. The Block at Pima Center features a balanced, service-driven tenant lineup anchored by Starbucks, Jersey Mike’s Subs, and Dickey’s Barbecue Pit, complemented by regional and local favorites such as The Great Greek, Rusty Taco, The Parlay, and Spinato’s. This synergy of national and local operators provides strong daypart coverage and consistent foot traffic throughout the week. With its prime location, strong demographics, high-performing co-tenancy, and secure long-term ground lease with over 55 years remaining, The Block at Pima Center represents a rare opportunity to acquire a stable, cash-flowing retail investment within one of Scottsdale’s most dynamic and high barrier trade areas.