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    Scottsdale Office Building Near Loop 101 Title is generated by Realmo AI

    8701 E Vista Bonita Dr, Scottsdale, AZ 85255

    View on Map
    For Sale
    $648,000

    2,160 sq. ft. Office Building For Sale

    Property size:
    2,160 SF
    Lot size:
    0.05 Acres
    Price / SF:
    $300/SF
    Added:
    Jan 29, 2025
    Days on Market:
    523
    Last Refresh:
    Mar 16 at 9:06 am

    Property Features for 8701 E Vista Bonita Dr

    General Information

    Standard status
    Active
    Property type
    Other office properties, Office buildings, Office Units, Office Spaces
    Size
    2,160 SF
    Elevators
    N/A
    Lot size
    0.05 Acres

    We can help!

    Contact an agent
    James Mcdonald Iii

    Listing agent James

    Listing office

    Listing date Jan 29, 2025


    Overview

    This 2,160 square foot office building is located in Scottsdale, Arizona, zip code 85255, at 8701 E Vista Bonita Dr. The property offers convenient access to Loop 101, placing it within easy reach of major transportation arteries. The building benefits from its location in a high-demographic area, surrounded by a variety of retail options and restaurants. The property features common area restrooms for shared use. A scenic courtyard complete with a fountain provides a pleasant and relaxing outdoor space. The building enjoys a location right next to Pinnacle Peak Country Club. The lot size is approximately 0.05 acres. The building's size and features make it suitable for a variety of business uses.

    Local 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 $55.5k $25.68
    − Vacancy −$9.9k −$4.57
    EGI $45.6k $21.11
    − OpEx −$11.4k −$5.28
    NOI $34.2k $15.83
    2,160 SF · lease $25.68/SF/yr · vacancy 17.80% · expense 25.00%

    Alternative Uses

    Best Use
    Office B
    $488.5K
    $427.5K – $570.0K (±1% cap)
    NOI $34,197 @ 7.0% cap · market cap 5.28%
    Second Best
    —
    —
    no second resolved use
    Theoretical Best
    Retail
    $709.1K
    $620.4K – $827.3K (±1% cap)
    NOI $49,635 @ 7.0% cap · market cap 7.66%
    Zoning and permitted uses should be independently verified with local authorities.
    Location Intelligence

    Current Use by Public Records

    Janet Brooks Design Interior Design Paula V. Debenedetto, ... Foster Care Service Transportation Insurance Services ... Consultant Bright Path Wellness Medical Clinic Konawolf Computer Services ... Tech Support Center

    Suggested Use

    Auto Repair Shop Hotel & Motel Kitchen & Bath Showroom Food Market HVAC Service Barber Shop Grocery & Convenience Store Electrical Service Bakery Building Supply

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Scottsdale
    County
    Maricopa
    State
    Arizona
    Longitude
    -111.837
    Latitude
    33.6894

    FAQs

    What type of property is this?
    Office property - 2,160 sq. ft. Office Building For Sale
    Where is this office property located?
    The property is located at 8701 E Vista Bonita Dr Scottsdale, AZ.
    What is the asking price?
    The asking price for this property is $648,000.
    More about this property
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