Former RoomStore Furniture Store in Scottsdale Sells for $8.25M

The former RoomStore furniture store at 15826 N.
Scottsdale Rd., Scottsdale sold for $8,250,000 or $263.00 per SF. The company
fi led bankruptcy in December 2015 and closed all Arizona stores, including this
location.

15826 N  Scottsdale Rd
Tom Boyle, Principal with Lee & Associates, brokered the transaction. The
buyer was Bridge Enterprises, LLC, Phoenix, while DJD Property Holdings, LLC,
Scottsdale, was the seller. The transaction closed August 18.
Built in 2000, the 31,333 SF freestanding retail building was a showroom
for the furniture company which had locations throughout Arizona. It sits on
2.23 acres in the popular retail corridor of North Scottsdale Rd. close to many
amenities including Scottsdale Quarter, Kierland Commons and Scottsdale
Promenade.
The building is currently available for immediate occupancy.

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