8950 E Raintree Cir Dr Scottsdale, AZ
Multi-tenant office building in Raintree Office Park, 100% leased.
- Added:
- Jun 2, 2025
- Days on Market:
- 404
- Last Refresh:
- May 20 at 8:01 pm
Property Features for 8950 E Raintree Cir Dr
General Information
- Standard status
- Active
- Size
- 7,477 SF
- Lot size
- 0.23 Acres
- Property subtype
- OFFICE
Listing office Kidder Mathews | Phoenix (602) 300-4112
Listing date Jun 2, 2025
Source Moodyscre
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 Kidder Mathews | Phoenix
Investment Insights
Based on property information with market context.
Key Highlights
- 100% Leased with Income: Start generating revenue immediately.
- Owner/User Price: Occupy space while benefiting from existing tenant income.
- Class‑A Raintree Office Park Location: Benefit from a prestigious business address.
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 | $192.0k | $25.68 |
| − Vacancy | −$34.2k | −$4.57 |
| EGI | $157.8k | $21.11 |
| − OpEx | −$39.5k | −$5.28 |
| NOI | $118.4k | $15.83 |
