Office Building with Spec
For Sale
$5,250,000
6613 N Scottsdale Rd, Scottsdale, AZ 85250
Suite 101 provides newly constructed office space within a flexible owner-user configuration.
Property Size15,171 SF
Days on Market121
Property Features for 6613 N Scottsdale Rd
General Information
Standard status
Active
Size
15,171 SF
Class
B
Property subtype
Office
Building Details
Building Size
15,171 SF
Year Built
1986
Listing Agency:
LevRose Commercial Real Estate
Listed By:
Hunter Chasse · License #SA657832000
(480) 421-8822
Source:
Tcnworldwide
Added: Jun 17
Changed: Oct 13
Last Checked: Oct 14 at 8:00PM
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
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Investment Insights
Based on property information with market context.
This office property was built in 1986 and includes flexible suite configurations for an owner-user. Suite 101 is a newly constructed spec suite, while additional space may be leased to help offset occupancy costs.
The building fronts N. Scottsdale Road and offers prominent building signage opportunities. Pull-up parking is available throughout the property, supporting convenient access for occupants and visitors.
The building fronts N. Scottsdale Road and offers prominent building signage opportunities. Pull-up parking is available throughout the property, supporting convenient access for occupants and visitors.
Key Highlights
- Suite 101 is a newly constructed spec suite
- Flexible suite configurations support owner‑user occupancy
- Additional space may be leased to offset occupancy costs
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$240,183
Cap Rate
4.57%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$4,803,660
$4.8M
Cap Rate 7%
$3,431,186
$3.4M
Cap Rate 9%
$2,668,700
$2.7M
Market Conditions
NOI Build-Up for 15,171 SF
Gross rent
$389.6K $25.68/SF
− Vacancy
−$69.3K −$4.57/SF
EGI
$320.2K $21.11/SF
− OpEx
−$80.1K −$5.28/SF
NOI
$240.2K $15.83/SF
Area
Scottsdale, AZ
Vacancy
17.80%
Lease Rate
$25.68 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$4,803,660
Cap Rate 7%
$3,431,186
Cap Rate 9%
$2,668,700
Alternative Uses
Best Use
Office B
$3.43M
$3.00M – $4.00M
NOI $240,183 @ 7.0% cap · market cap 4.57%
Second Best
—
—
no second resolved use
Theoretical Best
Retail
$4.98M
$4.36M – $5.81M
NOI $348,615 @ 7.0% cap · market cap 6.64%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Current Use
Location Intelligence
Trade Area within ½ mile
1,212
Businesses Nearby
Explore this area
Business Placement
Demographics for 85250, AZ
16,501
Population
10,066
Households
1.6
Avg Household Size
48
Median Age
58%
College-Educated
98%
High-School Grad
8.4 sq mi
ZIP Area
1,964
Density / Sq Mi
$89,133
Median Household Income
$65,984
Median Earnings
$1,762
Median Rent
$507,500
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Office in West region
Frequently Asked Questions
What type of property is this?
Office building - Suite 101 provides newly constructed office space within a flexible owner-user configuration.
Where is this office building located?
The property is located at 6613 N Scottsdale Rd Scottsdale, AZ.
What is the asking price?
The asking price for this property is $5,250,000.
What are key features of this property?
This property features: Suite 101 is a newly constructed spec suite; Flexible suite configurations support owner‑user occupancy; Additional space may be leased to offset occupancy costs
