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Two-Story Multi-Tenant Office Building

8630 E Via de Ventura, Scottsdale, AZ 85258

For Sale
Contact for pricing

Flexible floor plans support medical, professional, or corporate office use.

Property Size23,143 SF
Price / SF$340
Days on Market11

Property Features for 8630 E Via de Ventura

General Information

Standard status Active
Size 23,143 SF
Net Rentable 23,143 SF
Class Class B
Property subtype Office
Occupancy 55%

Additional Details

Asking Price $7,868,620
Road Access Yes
Tenant in Place Yes
Property Use Office

Amenities

signage opportunities

Building Details

Buildings 1
Stories 2
Building Size 23,143 SF
Tenancy Multi
Parking Ratio 4.4 per 1,000 SF
Listing Agency: Lee & Associates - Arizona
Listed By: Adam Tolson · License #AZ SA101606000
Source: Crexi
Added: Oct 30 Changed: Nov 8 Last Checked: Nov 8 at 4:55PM

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 Lee & Associates - Arizona

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Investment Insights

Based on property information with market context.

This 23,143 SF Class B office building in Scottsdale has two stories and a multi-tenant configuration. Flexible floor plans accommodate medical, professional, or corporate headquarters uses. The building is 55% occupied.

The property fronts Via de Ventura and offers signage opportunities. Covered canopy parking is provided at a ratio of 4.4/1,000 RSF.

Key Highlights

  • 23,143 SF, two‑story Class B office building
  • Multi‑tenant configuration with flexible floor plans
  • 55% occupied

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$366,393
Cap Rate
4.66%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$7,327,860 $7.3M
Cap Rate 7%
$5,234,186 $5.2M
Cap Rate 9%
$4,071,033 $4.1M
Market Conditions
NOI Build-Up for 23,143 SF
Gross rent
$594.3K $25.68/SF
− Vacancy
−$105.8K −$4.57/SF
EGI
$488.5K $21.11/SF
− OpEx
−$122.1K −$5.28/SF
NOI
$366.4K $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%
$7,327,860
Cap Rate 7%
$5,234,186
Cap Rate 9%
$4,071,033

Alternative Uses

Best Use
Office B
$5.23M
$4.58M – $6.11M (±1% cap)
NOI $366,393 @ 7.0% cap · market cap 4.66%
Second Best
—
—
no second resolved use
Theoretical Best
Retail
$7.60M
$6.65M – $8.86M (±1% cap)
NOI $531,804 @ 7.0% cap · market cap 6.76%
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

Office buildings

Suggested Use

Top Pick Auto Repair Shop Auto Parts Store Big Box & Wholesale Store Building Supply Dental Office Furniture & Home Goods

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

55%
Occupancy
Multi-tenant
Tenancy
Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

1,917
Businesses Nearby

Demographics for 85258, AZ

25,203
Population
15,566
Households
1.6
Avg Household Size
55
Median Age
63%
College-Educated
99%
High-School Grad
10.3 sq mi
ZIP Area
2,447
Density / Sq Mi
$105,171
Median Household Income
$68,184
Median Earnings
$1,945
Median Rent
$744,600
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Properties on Market for Office buildings in Scottsdale

Jul
Aug
Sep
Oct

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

Frequently Asked Questions

What type of property is this?
Office building - Flexible floor plans support medical, professional, or corporate office use.
Where is this office building located?
The property is located at 8630 E Via de Ventura Scottsdale, AZ.
What is the asking price?
The asking price for this property is $7,868,620.
What are key features of this property?
This property features: 23,143 SF, two‑story Class B office building; Multi‑tenant configuration with flexible floor plans; 55% occupied
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