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Flex-Industrial Building with Roll-Up Doors
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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 Market1879

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

Warehouse & Industrial

Drive-In Doors 4
Conditioned Warehouse Yes

Building Details

Year Built 2001
Building Size 24,300 SF
Listing Agency: Lee & Associates | Phoenix
Listed By: Mark Linsalata
Source: Moodyscre
Added: Jun 8, 2021 Changed: Jul 30 Last Checked: Jul 30 at 5:24PM

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

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.

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 For Warehouse

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 $516.1k $21.24
− Vacancy −$31.0k −$1.27
EGI $485.2k $19.97
− OpEx −$72.8k −$2.99
NOI $412.4k $16.97
24,300 SF · lease $21.24/SF/yr · vacancy 6.00% · expense 15.00%

Alternative Uses

Best Use
Warehouse
$5.89M
$5.15M – $6.87M (±1% cap)
NOI $412,389 @ 7.0% cap · market cap 5.89%
Second Best
Industrial
$4.80M
$4.20M – $5.60M (±1% cap)
NOI $336,206 @ 7.0% cap · market cap 4.80%
Theoretical Best
Retail
$7.98M
$6.98M – $9.31M (±1% cap)
NOI $558,391 @ 7.0% cap · market cap 7.98%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

Current Use

Scottsdale Plastic Surgeons Physician Dr. Ryan Tsujimura, ... Physician Dr. Paul Holden, ... Physician Integrity Dental Services Dental Office azstemcellresearch Medical Clinic

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store Butcher Pet Grooming Service Fish Market Florist Grocery & Convenience Store

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

4
Drive-in doors

Location Intelligence

Trade Area within ½ mile

575
Businesses Nearby
Under-served
Demand for This Use

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

Market

Vacancy Rate% for Industrial in West region

3.7% 2019
4.3% 2020
2.6% 2021
2.5% 2022
4.8% 2023
6.9% 2024
7.9% 2025
Rey
Questions? Ask Rey
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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
(602) 570-3226 Call to check price and availability
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