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Office Space with Outdoor Area
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8350 E Raintree Dr Unit 235, Scottsdale, AZ 85260

Office setting with a polished reception area and dedicated outdoor space for breaks or informal meetings.

Property Size38,094 SF
Price / SF$0.06
Days on Market55

Property Features for 8350 E Raintree Dr Unit 235

General Information

Standard status Active
Size 38,094 SF

Amenities

outdoor space

Building Details

Year Built 2005
Listing Agency: Property Management Real Estate
Listed By: Hanan Ayoub · License #BR642961000
Source: Findallphoenixhomelistings
Added: Sep 7 Changed: Oct 31 Last Checked: Oct 30 at 2:58PM

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 Property Management Real Estate

Rey
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Investment Insights

Based on property information with market context.

Located at 8350 E Raintree Dr Unit 235, this office space includes a polished reception area designed to welcome visitors and support client-facing activity. The layout is suited to board meetings and presentations, with a professional setting for internal discussions and meetings with clients.

An outdoor area provides an alternative setting for breaks, informal conversations, or occasional meetings. The property was built in 2005.

Key Highlights

  • Polished reception area for welcoming visitors
  • Configured for board meetings and client presentations
  • Outdoor area for breaks and informal meetings

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$543,068
Suggested Prices Based on Cap Rates
Cap Rate 5%
$10,861,360 $10.9M
Cap Rate 7%
$7,758,114 $7.8M
Cap Rate 9%
$6,034,089 $6.0M
Market Conditions
NOI Build-Up for 38,094 SF
Gross rent
$1.01M $26.40/SF
− Vacancy
−$100.6K −$2.64/SF
EGI
$905.1K $23.76/SF
− OpEx
−$362.0K −$9.50/SF
NOI
$543.1K $14.26/SF
Area
Scottsdale, AZ
Vacancy
10.00%
Lease Rate
$26.40 /SF/Yr
Expense Ratio
40.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$10,861,360
Cap Rate 7%
$7,758,114
Cap Rate 9%
$6,034,089

Alternative Uses

Best Use
Office B
$8.62M
$7.54M – $10.05M (±1% cap)
NOI $603,094 @ 7.0% cap · market cap 25,234.06%
Second Best
Healthcare Medical
$7.76M
$6.79M – $9.05M (±1% cap)
NOI $543,068 @ 7.0% cap · market cap 22,722.51%
Theoretical Best
Retail
$12.51M
$10.94M – $14.59M (±1% cap)
NOI $875,364 @ 7.0% cap · market cap 36,626.11%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Current Use

Complete Conflict Coaching Law Firm Belmont Dentistry Scottsdale Dental Office Jeffrey Cohen Counselor FusionHR (Bike/Boat/Book/etc) Store

Suggested Use

Top Pick Grocery & Convenience Store Pet Grooming Service (Bike/Boat/Book/etc) Store Butcher Daycare Center Clothing & Fashion 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.

Location Intelligence

Trade Area within ½ mile

3,943
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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Office in West region

11% 2019
14.1% 2020
15.5% 2021
17.2% 2022
19.9% 2023
21% 2024
20.8% 2025

Similar Off Market Nearby

  • JabberYak — 13835 N Northsight Blvd Ste 100, Scottsdale, AZ 85260
  • Varner Sight & Sound — 7740 E Redfield Rd A103, Scottsdale, AZ 85260
  • Hot Spot Leads — 7735 E Redfield Rd #400, Scottsdale, AZ 85260
  • Electronic Security Concepts LLC — 8320 E Gelding Dr, Scottsdale, AZ 85260
  • Mcs Inc — 7633 E Acoma Dr Ste 104, Scottsdale, AZ 85260

Frequently Asked Questions

What type of property is this?
Office space - Office setting with a polished reception area and dedicated outdoor space for breaks or informal meetings.
Where is this office space located?
The property is located at 8350 E Raintree Dr Unit 235 Scottsdale, AZ.
What are key features of this property?
This property features: Polished reception area for welcoming visitors; Configured for board meetings and client presentations; Outdoor area for breaks and informal meetings
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Includes: Price & PSF · Cap rate · Location · Zoning

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