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Multi-Tenant Flex Building

14505 N Hayden Road, Scottsdale, AZ 85260

For Sale
New
Contact for pricing

Recent improvements include a re-foamed roof and new HVAC units.

Property Size60,483 SF
Lot Size5.69 Acres
Price / SF$324.88
Days on Market6

Property Features for 14505 N Hayden Road

General Information

Standard status Active
Size 60,483 SF
Lot size 5.69 Acres
Property subtype Office, Industrial
Occupancy 50%

Site & Location

Highway Access Yes
Road Access Yes

Additional Details

Tenant in Place Yes
Property Use Flex

Building Details

Buildings 1
Building Size 60,483 SF
Tenancy Multi
Listing Agency: Shell Commercial Investment Real Estate
Listed By: Amanda Wright · License AZ SA523963000
Source: Crexi
Added: Nov 6 Changed: Nov 10 Last Checked: Nov 10 at 2:32PM

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 Shell Commercial Investment Real Estate

Rey
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.

Investment Insights

Based on property information with market context.

The four-tenant flex property contains approximately 60,483 SF across a 5.693-acre site. Suites 103 and 105 offer approximately 30,508 SF combined for a user. Building improvements include a roof re-foamed in 2024 and new HVAC units.

The property is part of a three-building campus in Scottsdale Airpark. Monument signage fronts Hayden Road, with access to Loop 101 from Raintree Drive. Occupancy is approximately 49.56%.

Key Highlights

  • Approximately 60,483 SF flex building with four tenants
  • Suites 103 and 105 total approximately 30,508 SF
  • Sited on approximately 5.693 acres within a three‑building campus

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$836,821
Cap Rate
4.26%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$16,736,420 $16.7M
Cap Rate 7%
$11,954,586 $12.0M
Cap Rate 9%
$9,298,011 $9.3M
Market Conditions
NOI Build-Up for 60,483 SF
Gross rent
$1.31M $21.72/SF
− Vacancy
−$118.2K −$1.95/SF
EGI
$1.20M $19.77/SF
− OpEx
−$358.6K −$5.93/SF
NOI
$836.8K $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%
$16,736,420
Cap Rate 7%
$11,954,586
Cap Rate 9%
$9,298,011

Alternative Uses

Best Use
Industrial
$11.95M
$10.46M – $13.95M (±1% cap)
NOI $836,821 @ 7.0% cap · market cap 4.26%
Second Best
Flex RnD
$11.91M
$10.42M – $13.89M (±1% cap)
NOI $833,613 @ 7.0% cap · market cap 4.24%
Theoretical Best
Retail
$19.85M
$17.37M – $23.16M (±1% cap)
NOI $1,389,841 @ 7.0% cap · market cap 7.07%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

Current Use

M I Schottenstein ... Construction Company

Suggested Use

Top Pick Pet Grooming Service Grocery & Convenience Store Butcher Clothing & Fashion Store (Bike/Boat/Book/etc) Store Wine and Liquor 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

49.6%
Occupancy
Multi-tenant
Tenancy
Yes
Highway access
Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

3,585
Businesses Nearby
Well-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

Average Price Trend$/SF for Flex space in Maricopa County, AZ

$349 Jul
$221 Aug
$232 Sep
$226 Oct

Properties on Market for Flex space in Maricopa County

Jul
Aug
Sep
Oct

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

Similar Off Market Nearby

  • Seasons Gourmet Catering — 7601 E Gray Rd # H, Scottsdale, AZ 85260
  • Orange Olive Catering — 7601 e gray rd suite d, scottsdale, az 85260
  • Scottsdale/Phoenix BlueBowie Private Chef — 8175 E Evans Rd #15693, Scottsdale, AZ 85260
  • 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 - Recent improvements include a re-foamed roof and new HVAC units.
Where is this flex space located?
The property is located at 14505 N Hayden Road Scottsdale, AZ.
What is the asking price?
The asking price for this property is $19,650,000.
What are key features of this property?
This property features: Approximately 60,483 SF flex building with four tenants; Suites 103 and 105 total approximately 30,508 SF; Sited on approximately 5.693 acres within a three‑building campus
(480) 734-0076 Call to check price and availability
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