Scottsdale Freestanding Office
10605 N Hayden Rd Scottsdale, AZ
For Sale
Contact for pricing
Freestanding, single-story office building in Scottsdale for sale or lease.
Property Size10,659 SF
Lot Size0.33 Acres
Price / SF$337.27
Days on Market599
Property Features for 10605 N Hayden Rd
General Information
Standard status
Active
Size
10,659 SF
Lot size
0.33 Acres
Property subtype
OFFICE
Listing Agency:
LevRose Commercial Real Estate
(480) 272-1493
Listed By:
Zak Kottler · License #SA649531000
(480) 272-1493
Source:
Moodyscre
Added: Dec 6, 2024
Changed: Jul 10
Last Checked: Jul 21 at 3:53AM
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 LevRose Commercial Real Estate
Investment Insights
Based on property information with market context.
This freestanding, single-story garden-style building, constructed in 1986 and fully renovated in 2015, is located in a highly desired medical and professional office complex. The property consists of approximately 10,659 square feet. The building fosters a bright and dynamic atmosphere. Located on the hard corner of Shea Boulevard & Hayden Road, the property offers prominent visibility and signage with direct access to the Loop 101 Freeway and the Honor Health Shea Hospital Campus. Suite 100 is currently leased to an established Podiatrist until 2/28/2026. The Seller currently occupies Suites 140 and would either vacate, or consider a Leaseback providing immediate income for the new owner. This property presents an attractive opportunity to Investors or Users looking to establish themselves within the vibrant Scottsdale Office Market.
Key Highlights
- Prominent visibility and signage on the hard corner of Shea Boulevard & Hayden Road.
- Direct access to Loop 101 Freeway and Honor Health Shea Hospital Campus.
- Freestanding, single‑story garden‑style building.
Financial Insights For Office B
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $273.7k | $25.68 |
| − Vacancy | −$48.7k | −$4.57 |
| EGI | $225.0k | $21.11 |
| − OpEx | −$56.3k | −$5.28 |
| NOI | $168.8k | $15.83 |
10,659 SF · lease $25.68/SF/yr · vacancy 17.80% · expense 25.00%
Alternative Uses
Best Use
Office B
$2.41M
$2.11M – $2.81M
NOI $168,750 @ 7.0% cap · market cap 4.69%
Second Best
Healthcare Medical
$2.17M
$1.90M – $2.53M
NOI $151,955 @ 7.0% cap · market cap 4.23%
Theoretical Best
Retail
$3.50M
$3.06M – $4.08M
NOI $244,934 @ 7.0% cap · market cap 6.81%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use
Frequently Asked Questions
What type of property is this?
Office building - Freestanding, single-story office building in Scottsdale for sale or lease.
Where is this office building located?
The property is located at 10605 N Hayden Rd Scottsdale, AZ.
What is the asking price?
The asking price for this property is $3,595,000.
What are key features of this property?
This property features: Prominent visibility and signage on the hard corner of Shea Boulevard & Hayden Road.; Direct access to Loop 101 Freeway and Honor Health Shea Hospital Campus.; Freestanding, single‑story garden‑style building.
