116th St & Shea Blvd

NEC of 116th St & Shea Blvd, Scottsdale, AZ

Southwest

PROJECT TYPE

Retail

PROJECT SIZE

1.5 acres

STATUS

Pre-leasing

116th St & Shea Blvd

Scottsdale, AZ
Located at the corner of 116th and Shea, the Scottsdale Arizona development is approximately 1.5 acres. There are over 93,600 people living within a 5-mile radius of the 116th and Shea site. Household incomes are impressive at over $154,000.

The City of Scottsdale is one of Arizona’s 10 largest cities with a population of more than 240,000 and continues to be recognized nationwide as one of the top markets for business performance, job growth, livability and friendly culture.

Named as a best place to live, work and launch a startup, the city’s progressive leadership has kept taxes low for both families and corporations and has frequently been honored as one of the nation’s best-run cities.

Scottsdale is home to more than 25,000 businesses with nearly 20 percent of Arizona corporate headquarters calling the city home. More than 90 percent of Scottsdale’s software companies are growing with more than 10 percent software employment growth forecast in Arizona over the next five years. Other leading growth industries include technology, finance and insurance, real estate and rentals, health care and social services, and accommodation and food services.

With a rich history in tourism, Scottsdale is visited by more than 9 million people annually, generating an economic impact of 3.7 billion.

Professionals from all walks of life have made Scottsdale their home because of the city’s commitment to long-range planning and providing a higher quality of life for its citizens. The city offers a mix of lifestyle options for all income levels and living preferences, such as modern urban living, high-end estates and family neighborhoods.

Demographics

2018 Estimated Population
2018 Estimated Household Income

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Jake Heims

Sr. Leasing Associate
(602) 313-8636
jheims@thompsonthrift.com