4142 N Marshall Way

Boutique retail opportunity in Old Town Scottsdale’s Arts District, along Marshall Way.LevRose Real Estate is pleased to present the exclusive opportunity to acquire 4142 N. Marshall Way, an 8,907-square-foot, three-tenant retail property located in the heart of Old Town Scottsdale. Situated along Marshall Way within Scottsdale’s renowned Arts District, the Property is 100% leased to three established tenants that complement the character and energy of the surrounding area. With in-place rents significantly below current Old Town market rates and a short weighted average lease term, an incoming investor is well positioned to push rents to market in the near term, while the upcoming lease expirations also provide flexibility for an owner-user to occupy all or a portion of the Property as space becomes available. Old Town Scottsdale is the cultural, culinary, and entertainment epicenter of the Phoenix metropolitan area, drawing millions of visitors annually and consistently commanding some of the highest retail rents and lowest vacancy in the Valley. The area is home to Scottsdale Fashion Square, the Scottsdale Waterfront, and the historic Fifth Avenue and Main Street shopping corridors, along with a dense concentration of art galleries, world class restaurants, luxury boutiques, nightlife venues, and boutique hotels. 4142 N. Marshall Way represents a rare opportunity to acquire a fully leased retail asset on one of Old Town Scottsdale’s most iconic streets, offering near-term flexibility and a clear path to value creation through lease rollover, rent resets to market, or future owner occupancy.