Multi-Use Retail Office
For Sale
Contact for pricing
1405 N HAYDEN RD, Scottsdale, AZ 85257
Frontage and signage along Hayden Road in a 1–2 tenant building suited for retail, office, or medical.
Property Size5,336 SF
Price / SF$580.96
Days on Market59
Property Features for 1405 N HAYDEN RD
General Information
Standard status
Active
Size
5,336 SF
Class
B
Total Parking Spaces
27
Property subtype
Retail, Office, Land
Zoning
C-3
Investment Type
Owner/User
Building Details
Year Built
1987
Buildings
1
Units
1
Listing Agency:
LevRose Commercial Real Estate
Listed By:
Jason Reddington · License #AZ SA668977000
(812) 499-7322
Source:
Crexi
Added: Jul 9
Changed: Aug 23
Last Checked: Sep 2 at 1:08AM
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.
LevRose Commercial Real Estate presents 1405 N Hayden Rd, a multi-use building offering flexibility for retail, office, or medical uses, or redevelopment. The property is configured as a 1- or 2-tenant building totaling 5,336 square feet.
The building is positioned with frontage and high-visibility signage along Hayden Road. It sits directly surrounded by Scottsdale Healthcare Osborne, with nearby restaurants, entertainment venues, and hotels that contribute to daytime and evening activity.
For tenants and investors looking for a building that can support a range of commercial concepts, 1405 N Hayden Rd provides a straightforward option in a healthcare and hospitality-focused area of Scottsdale.
The building is positioned with frontage and high-visibility signage along Hayden Road. It sits directly surrounded by Scottsdale Healthcare Osborne, with nearby restaurants, entertainment venues, and hotels that contribute to daytime and evening activity.
For tenants and investors looking for a building that can support a range of commercial concepts, 1405 N Hayden Rd provides a straightforward option in a healthcare and hospitality-focused area of Scottsdale.
Key Highlights
- Built in 1987
- 1- or 2‑tenant building suited for retail, office, or medical use
- Frontage and signage along N Hayden Road
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$122,616
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
3.96%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$2,452,320
$2.5M
Cap Rate 7%
$1,751,657
$1.8M
Cap Rate 9%
$1,362,400
$1.4M
Market Conditions
NOI Build-Up for 5,336 SF
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.
Gross rent
$179.3K $33.60/SF
− Vacancy
−$4.1K −$0.77/SF
EGI
$175.2K $32.83/SF
− OpEx
−$52.5K −$9.85/SF
NOI
$122.6K $22.98/SF
Area
Scottsdale, AZ
Vacancy
2.30%
Lease Rate
$33.60 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$2,452,320
Cap Rate 7%
$1,751,657
Cap Rate 9%
$1,362,400
Alternative Uses
Best Use
Retail
$1.75M
$1.53M – $2.04M
NOI $122,616 @ 7.0% cap · market cap 3.96%
Second Best
Office B
$1.21M
$1.06M – $1.41M
NOI $84,478 @ 7.0% cap · market cap 2.73%
Theoretical Best
—
—
same as Best Use
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
764
Businesses Nearby
Explore this area
Business Placement
Demographics for 85257, AZ
29,187
Population
16,392
Households
1.8
Avg Household Size
39
Median Age
46%
College-Educated
95%
High-School Grad
6.9 sq mi
ZIP Area
4,230
Density / Sq Mi
$79,828
Median Household Income
$54,580
Median Earnings
$1,812
Median Rent
$453,200
Median Home Value
Market
Vacancy Rate% for Office in West region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Retail space - Frontage and signage along Hayden Road in a 1–2 tenant building suited for retail, office, or medical.
Where is this retail space located?
The property is located at 1405 N HAYDEN RD Scottsdale, AZ.
What is the asking price?
The asking price for this property is $3,100,000.
What are key features of this property?
This property features: Built in 1987; 1- or 2‑tenant building suited for retail, office, or medical use; Frontage and signage along N Hayden Road
