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Leased Ground-Floor Office Condo
For Sale
$1,490,000

105c-6901 E 1st St, Scottsdale, AZ 85251

Ground-floor office condominium is 100% leased on a triple NNN basis with nine covered parking spaces included.

Property Size2,494 SF
Price / SF$597.43
Days on Market291

Property Features for 105c-6901 E 1st St

General Information

Standard status Active
Size 2,494 SF
Total Parking Spaces 9
Occupancy 100%

Additional Details

Office Units 2

Taxes and HOA fees

Annual Taxes $4,787

Building Details

Year Built 2018
Listing Agency: West USA Realty
Listed By: Greg E Nickens · License #SA513292000
Source: Exprealty
Added: Jan 3 Changed: Oct 10 Last Checked: Oct 21 at 1:52AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of West USA Realty

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Investment Insights

Based on property information with market context.

This ground-floor office condominium is offered for sale as a 100% leased asset on a triple NNN basis. The property includes two office suites totaling approximately 2,494 square feet, and the building was constructed in 2018. Nine covered parking spaces are included, supporting tenant and client access.

The office space is located in Downtown Scottsdale’s Arts District within a mixed-use building that includes seven luxury residences above the ground floor.

This offering is structured around the existing leases, with triple NNN responsibility outlined in the public remarks.

Key Highlights

  • 100% leased ground‑floor office condominium in Downtown Scottsdale’s Arts District
  • Built in 2018
  • Two office suites totaling +/- 2,494 SF

Property Analytics

Current Use

Office Units

Suggested Use

Top Pick Bakery Building Supply Kitchen & Bath Showroom Cafe & Coffee Shop Grocery & Convenience Store Nail Salon

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

2
Office units
100%
Occupancy

Location Intelligence

Trade Area within ½ mile

56
Businesses Nearby

Demographics for 85251, AZ

40,073
Population
26,456
Households
1.5
Avg Household Size
39
Median Age
60%
College-Educated
96%
High-School Grad
7.2 sq mi
ZIP Area
5,566
Density / Sq Mi
$89,151
Median Household Income
$60,282
Median Earnings
$1,771
Median Rent
$500,700
Median Home Value

Market

Vacancy Rate% for Office in West region

11% 2019
14.1% 2020
15.5% 2021
17.2% 2022
19.9% 2023
21% 2024
20.8% 2025

Frequently Asked Questions

What type of property is this?
Office unit - Ground-floor office condominium is 100% leased on a triple NNN basis with nine covered parking spaces included.
Where is this office unit located?
The property is located at 105c-6901 E 1st St Scottsdale, AZ.
What is the asking price?
The asking price for this property is $1,490,000.
What are key features of this property?
This property features: 100% leased ground‑floor office condominium in Downtown Scottsdale’s Arts District; Built in 2018; Two office suites totaling +/- 2,494 SF
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