Office Suites with Shared
7575 E Redfield Rd Unit 137fg, Scottsdale, AZ 85260
For Sale
Contact for pricing
Sublease options include access to a board room, kitchen, bathrooms, and a main common area.
Property Size2,350 SF
Price / SF$0.34
Days on Market16
Property Features for 7575 E Redfield Rd Unit 137fg
General Information
Standard status
Size
Additional Details
Property Use
Amenities
common area
board room
kitchen
bathrooms
Building Details
Year Built
Listing Agency:
Zion Realty, LLC
Listed By:
Paul J. Bruccoleri
(602) 740-5269
Source:
Anthony.viewalltucsonhomes
Added: Oct 30
Changed: Nov 6
Last Checked: Nov 12 at 10:02AM
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 Zion Realty, LLC
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Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
Office space is available through a sublease in a 2,350-square-foot property built in 1999. The available offices are numbered 3, 4, 6, 7, 8, and 9. Sublease terms begin at one year and may extend to five years, with extension potential.
Shared facilities include a board room, kitchen, bathrooms, and access to the main common area. The electrical service includes three panels rated at 250 amps each. Common area maintenance and water are included; electricity and rental tax are excluded.
Shared facilities include a board room, kitchen, bathrooms, and access to the main common area. The electrical service includes three panels rated at 250 amps each. Common area maintenance and water are included; electricity and rental tax are excluded.
Key Highlights
- 2,350 square feet; built in 1999
- Offices 3, 4, 6, 7, 8, and 9 available
- Sublease term of one to five years, with extension potential
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$37,205
Suggested Prices Based on Cap Rates
Cap Rate 5%
$744,100
$744.1K
Cap Rate 7%
$531,500
$531.5K
Cap Rate 9%
$413,389
$413.4K
Market Conditions
NOI Build-Up for 2,350 SF
Gross rent
$60.3K $25.68/SF
− Vacancy
−$10.7K −$4.57/SF
EGI
$49.6K $21.11/SF
− OpEx
−$12.4K −$5.28/SF
NOI
$37.2K $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%
$744,100
Cap Rate 7%
$531,500
Cap Rate 9%
$413,389
Alternative Uses
Best Use
Office B
$531.5K
$465.1K – $620.1K
NOI $37,205 @ 7.0% cap
Second Best
—
—
no second resolved use
Theoretical Best
Retail
$771.4K
$675.0K – $900.0K
NOI $54,001 @ 7.0% cap
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
2,619
Businesses Nearby
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
$637,000
Median Home Value
Market
Average Price Trend$/SF for Office Units in Scottsdale, AZ
Properties on Market for Office Units in Scottsdale
Vacancy Rate% for Office in West region
Frequently Asked Questions
What type of property is this?
Office unit - Sublease options include access to a board room, kitchen, bathrooms, and a main common area.
Where is this office unit located?
The property is located at 7575 E Redfield Rd Unit 137fg Scottsdale, AZ.
What are key features of this property?
This property features: 2,350 square feet; built in 1999; Offices 3, 4, 6, 7, 8, and 9 available; Sublease term of one to five years, with extension potential
