Tri-Plex Office
For Sale
Contact for pricing
8160 E Butherus Dr, Scottsdale, AZ 85260
Well-maintained tri-plex office condo with two reserved covered parking spaces and monthly HOA fees of $575.
Property Size2,040 SF
Price / SF$306.37
Days on Market50
Property Features for 8160 E Butherus Dr
General Information
Standard status
Active
Size
2,040 SF
Total Parking Spaces
2
Property subtype
OFFICE
Additional Details
Business Included
No
Building Details
Tenancy
Multi
Listing Agency:
Davis Commercial AZ
(480) 225-0838
Listed By:
Andrea Davis CCIM · License #BR520339000
(480) 225-0838
Source:
Moodyscre
Added: Jun 11
Changed: Jul 28
Last Checked: Jul 30 at 7:48AM
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 Davis Commercial AZ
Investment Insights
Based on property information with market context.
This unique tri-plex office condo is set within a well-maintained condo complex with lush landscaping. The property includes parking set up for the unit with two reserved covered spaces, and the parking ratio is listed as 5/1,000.
The purchase is presented for an office use profile, with the HOA fees stated at $575 per month. Property taxes for 2025 are listed at $3,105 annually.
The public remarks note a range of potential office and professional uses, including law firm, financial planner, CPA, marketing and creative agencies, architect, engineering, consulting firm, med spa, and other professional and business office concepts.
The purchase is presented for an office use profile, with the HOA fees stated at $575 per month. Property taxes for 2025 are listed at $3,105 annually.
The public remarks note a range of potential office and professional uses, including law firm, financial planner, CPA, marketing and creative agencies, architect, engineering, consulting firm, med spa, and other professional and business office concepts.
Key Highlights
- Well‑maintained tri‑plex office condo in a maintained condo complex
- Includes 2 reserved covered parking spaces (parking ratio 5/1000)
- HOA fees are $575 per month
Financial Insights For Office B
Simulate Cap Rate and NOI
NOI Build-Up
- 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.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $52.4k | $25.68 |
| − Vacancy | −$9.3k | −$4.57 |
| EGI | $43.1k | $21.11 |
| − OpEx | −$10.8k | −$5.28 |
| NOI | $32.3k | $15.83 |
2,040 SF · lease $25.68/SF/yr · vacancy 17.80% · expense 25.00%
Alternative Uses
Best Use
Office B
$461.4K
$403.7K – $538.3K
NOI $32,297 @ 7.0% cap · market cap 5.17%
Second Best
—
—
no second resolved use
Theoretical Best
Retail
$669.7K
$586.0K – $781.3K
NOI $46,877 @ 7.0% cap · market cap 7.50%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
Lease Details
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
3,767
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
Vacancy Rate% for Office in West region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Office units - Well-maintained tri-plex office condo with two reserved covered parking spaces and monthly HOA fees of $575.
Where is this office units located?
The property is located at 8160 E Butherus Dr Scottsdale, AZ.
What is the asking price?
The asking price for this property is $625,000.
What are key features of this property?
This property features: Well‑maintained tri‑plex office condo in a maintained condo complex; Includes 2 reserved covered parking spaces (parking ratio 5/1000); HOA fees are $575 per month
