Strip Center Next to Walmart in Scottsdale Sold for $6,960,000

SCOTTSDALE, Ariz. (December 1, 2025) – Nick Miner, CCIM, of ORION Investment Real Estate, represented the buyer, BTC Enterprises, LP/LMSAME, LP, in the purchase of the Northsight Retail Pad Strip Center located at 15227 N. 87th Street in Scottsdale, Arizona. The property sold for $6,960,000 at a 6.2% cap rate.

The property is part of the Northsight Retail Center, an outparcel to a high-performing Walmart Supercenter, and features national tenants including Starbucks, T-Mobile, Capriotti’s, and Express Employment Professionals. Nearby uses are predominantly retail and service-oriented, including restaurants, a massage spa, staffing offices, and various shops, with convenient access from the Loop 101/Frank Lloyd Wright–Raintree area, resulting in strong vehicle traffic and convenience-driven customers.

“This was a great property for the buyer. They were looking for a long-term acquisition in an area with proven fundamentals. Being a Walmart-anchored property only further solidified this as a key investment for their exchange requirement,” said Miner.

For more information about this sale or to inquire about other opportunities, please contact Nick Miner, CCIM, at ORION Investment Real Estate.

The seller, HSB Northsight, LLC, was represented by Kevin Fryman of Hanley Investment Group.

The buyer, BTC Enterprises, LP/LMSAME, LP, was represented by Nick Miner, CCIM, of ORION Investment Real Estate.