New Industrial Space Available
For Sale
Contact for pricing
7501 E Redfield Rd, Scottsdale, AZ 85260
New industrial property for sale, divisible for multiple tenants.
Property Size242,740 SF
Price / SF$245
Days on Market224
Property Features for 7501 E Redfield Rd
General Information
Standard status
Active
Size
242,740 SF
Class
A
Property subtype
Industrial
Zoning
I-1, City of Scottsdale
Lease Type
NNN
Building Details
Tenancy
Multi
Listing Agency:
Ross Brown Partners, Inc
Listed By:
Kyle Mcginley · License #AZ SA663730000
(480) 362-9507
Source:
Crexi
Added: Feb 24
Changed: Oct 6
Last Checked: Oct 5 at 7:35PM
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 Ross Brown Partners, Inc
Investment Insights
Based on property information with market context.
This industrial property, slated for completion in 2025, offers a total area of 242,740 square feet and is divisible to accommodate tenants requiring spaces of 30,000 square feet or more. The property is zoned I-1 with a Scottsdale PCP-AV Overlay, which permits vehicle sales, rental, or leasing. The warehouse features LED lighting and includes a 130-foot concrete and secured truck court. Electrical capacity is supported by a 3,000A system, expandable to 6,000A, with two distribution panels at 1,600A. A dedicated truck lane enhances accessibility. The warehouse is fully HVAC-equipped and includes R-38 roof insulation and R-11 wall insulation, along with sealed concrete flooring. Parking is available with 322 spaces, including 4 EV dual charging pedestals. The facility is equipped with 6 pit levelers rated at 40,000 LB. The property offers immediate access to Scottsdale Quarter and Kierland Commons. It is located at 7501 E Redfield Rd, Scottsdale, AZ 85260.
Key Highlights
- Immediate access to Scottsdale Quarter and Kierland Commons
- 100% HVAC warehouse
- 130’ concrete/secured truck court
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$4,119,482
Cap Rate
6.93%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$82,389,640
$82.4M
Cap Rate 7%
$58,849,743
$58.8M
Cap Rate 9%
$45,772,022
$45.8M
Market Conditions
NOI Build-Up for 242,740 SF
Gross rent
$5.16M $21.24/SF
− Vacancy
−$309.3K −$1.27/SF
EGI
$4.85M $19.97/SF
− OpEx
−$727.0K −$2.99/SF
NOI
$4.12M $16.97/SF
Area
Scottsdale, AZ
Vacancy
6.00%
Lease Rate
$21.24 /SF/Yr
Expense Ratio
15.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$82,389,640
Cap Rate 7%
$58,849,743
Cap Rate 9%
$45,772,022
Alternative Uses
Best Use
Retail
$79.68M
$69.72M – $92.97M
NOI $5,577,932 @ 7.0% cap · market cap 9.38%
Second Best
Warehouse
$58.85M
$51.49M – $68.66M
NOI $4,119,482 @ 7.0% cap · market cap 6.93%
Theoretical Best
—
—
same as Best Use
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Current Use
Location Intelligence
Trade Area within ½ mile
2,132
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
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Industrial in West region
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Frequently Asked Questions
What type of property is this?
Warehouse - New industrial property for sale, divisible for multiple tenants.
Where is this warehouse located?
The property is located at 7501 E Redfield Rd Scottsdale, AZ.
What is the asking price?
The asking price for this property is $59,471,300.
What are key features of this property?
This property features: Immediate access to Scottsdale Quarter and Kierland Commons; 100% HVAC warehouse; 130’ concrete/secured truck court
