Flex-Industrial Building with Roll-Up
For Sale
Contact for pricing
15757 N 78th St, Scottsdale, AZ 85260
Zoned I-1, built 2001, 83 parking spaces, includes grade level loading and roll-up doors.
Property Size24,300 SF
Lot Size1.74 Acres
Price / SF$288.07
Days on Market1970
Property Features for 15757 N 78th St
General Information
Standard status
Active
Size
24,300 SF
Total Parking Spaces
83
Lot size
1.74 Acres
Property subtype
FLEX_R_AND_D
Zoning
I-1
Site & Location
Neighborhood
Country Trace
Warehouse & Industrial
Drive-In Doors
4
Conditioned Warehouse
Yes
Building Details
Year Built
2001
Building Size
24,300 SF
Listing Agency:
Lee & Associates | Phoenix
(602) 956-7777
Listed By:
Mark Linsalata
(602) 570-3226
Source:
Moodyscre
Added: Jun 8, 2021
Changed: Oct 26
Last Checked: Oct 28 at 12:30PM
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 Lee & Associates | Phoenix
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Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This flex-industrial building totals approximately 24,300 SF and is configured into multiple suites. Suite A is leased, while Suite B offers 12,734 SF and Suite C provides 6,051 SF. The building includes 100% A/C, grade level and truck loading, and very high-end interior finishing.
Operational features include four roll-up doors: two 14’ x 14’ and two 10’ x 12’. Parking totals 83 spaces, including 26 covered spaces, supporting both tenant and visitor access. The property sits on a 1.74-acre parcel (75,995 SF).
Zoned I-1 and built in 2001, the property is located at 15757 N 78th St, Scottsdale, AZ 85260. APN 215-47-080.
Operational features include four roll-up doors: two 14’ x 14’ and two 10’ x 12’. Parking totals 83 spaces, including 26 covered spaces, supporting both tenant and visitor access. The property sits on a 1.74-acre parcel (75,995 SF).
Zoned I-1 and built in 2001, the property is located at 15757 N 78th St, Scottsdale, AZ 85260. APN 215-47-080.
Key Highlights
- Approximately 24,300 SF flex‑industrial building
- Suite A leased plus Suite B 12,734 SF and Suite C 6,051 SF
- Grade level and truck loading with two 14’ x 14’ and two 10’ x 12’ roll‑up doors
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$336,206
Cap Rate
4.80%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$6,724,120
$6.7M
Cap Rate 7%
$4,802,943
$4.8M
Cap Rate 9%
$3,735,622
$3.7M
Market Conditions
NOI Build-Up for 24,300 SF
Gross rent
$527.8K $21.72/SF
− Vacancy
−$47.5K −$1.95/SF
EGI
$480.3K $19.77/SF
− OpEx
−$144.1K −$5.93/SF
NOI
$336.2K $13.84/SF
Area
Scottsdale, AZ
Vacancy
9.00%
Lease Rate
$21.72 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$6,724,120
Cap Rate 7%
$4,802,943
Cap Rate 9%
$3,735,622
Alternative Uses
Best Use
Industrial
$4.80M
$4.20M – $5.60M
NOI $336,206 @ 7.0% cap · market cap 4.80%
Second Best
Flex RnD
$4.78M
$4.19M – $5.58M
NOI $334,917 @ 7.0% cap · market cap 4.78%
Theoretical Best
Retail
$7.98M
$6.98M – $9.31M
NOI $558,391 @ 7.0% cap · market cap 7.98%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Current Use
Lease Details
4
Drive-in doors
Location Intelligence
Trade Area within ½ mile
2,281
Businesses Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Demographics for 85260, AZ
37,967
Population
21,072
Households
1.8
Avg Household Size
47
Median Age
59%
College-Educated
97%
High-School Grad
14.2 sq mi
ZIP Area
2,674
Density / Sq Mi
$103,854
Median Household Income
$62,835
Median Earnings
$1,969
Median Rent
$637,000
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Industrial in West region
Similar Off Market Nearby
- Zulu In Flight Catering — 15000 N Airport Dr, Scottsdale, AZ 85260
- Kale Chef Service — 15111 Hayden Rd #110, Scottsdale, AZ 85260
Frequently Asked Questions
What type of property is this?
Flex space - Zoned I-1, built 2001, 83 parking spaces, includes grade level loading and roll-up doors.
Where is this flex space located?
The property is located at 15757 N 78th St Scottsdale, AZ.
What is the asking price?
The asking price for this property is $7,000,000.
What are key features of this property?
This property features: Approximately 24,300 SF flex‑industrial building; Suite A leased plus Suite B 12,734 SF and Suite C 6,051 SF; Grade level and truck loading with two 14’ x 14’ and two 10’ x 12’ roll‑up doors
