Persian Room

High Traffic and Visibility: Located just North of the intersection of Scottsdale and Bell Road, the property benefits from average daily traffic counts exceeding 85,000 vehicles with frontage and monument signage on Scottsdale Road, one of the main North-South thoroughfares in the Phoenix MSA.
Exceptional Demographics: Within a 5-mile radius, the property has a high average household income of over $161,000, and the area is experiencing continued population growth with over 2,300 units of multifamily currently under development and ±206,494 current residents in a 5-mile radius.
Retail & Entertainment Area: The property is strategically positioned near two of Scottsdale’s most prestigious shopping and entertainment districts, Kierland Commons and Scottsdale Quarter.
New Multi-Family Developments in the Area: Three major multifamily developments are currently under construction in a 3-mile radius including – The Luxe at Desert Ridge (223 units), The Aster at Kierland (388 units), and Grayhawk Residences (250 units) all delivering high-end living options, attracting affluent residents and increasing demand for nearby retail and dining
Tourism and Visitor Appeal: North Scottsdale remains a key destination for business travelers, tourists, and seasonal residents. The property benefits from its proximity to luxury resorts such as the Fairmont Scottsdale Princess and the Westin Kierland Resort, attracting both local patrons and out-of-town visitors.
Proximity to TPC Scottsdale Golf Course and the Waste Management Phoenix Open: The property is adjacent to the world-renowned TPC Scottsdale Golf Course, home to the annual Waste Management Phoenix Open, one of the largest and most attended golf tournaments in the world. This event attracts over 700,000 visitors each year, bringing significant foot traffic, tourism dollars, and high-income consumers to the area.

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David Harrington