Office Building for
8950 E Raintree Dr Scottsdale, AZ 85260
8950 E Raintree Dr, Scottsdale, AZ, 85260
$1,574,000
For Sale
$1,574,000
For sale office building in Scottsdale, Arizona, offering commercial workspace within a standalone property.
Property Size7,477 SF
Price / SF$210.51
Days on Market136
Property Features for 8950 E Raintree Dr
General Information
- Standard status
- Active
- Size
- 7,477 SF
- Property subtype
- Office
Building Details
- Year Built
- 1999
Listing agency
Kidder Mathews - Phoenix
(602) 513-5155
Listed by
Bret Isbell · License #BR549336000
(602) 513-5155
Source
Kidder
Added: Mar 7 Updated: Jul 21 at 12:35AM Checked: Jul 21 at 12:35AM
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.
This office building is offered for sale. The property is listed under commercial real estate categories including office buildings and office spaces.
The building is located at 8950 E Raintree Dr in Scottsdale, AZ 85260. It is presented as a dedicated commercial asset for buyers seeking an office-focused property in that area.
The building is located at 8950 E Raintree Dr in Scottsdale, AZ 85260. It is presented as a dedicated commercial asset for buyers seeking an office-focused property in that area.
Key Highlights
- Standalone office building in Scottsdale, Arizona
- Built in 1999
- Commercial workspace office building
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 |
7,477 SF · lease $25.68/SF/yr · vacancy 17.80% · expense 25.00%
Alternative Uses
Best Use
Office B
$1.69M
$1.48M – $1.97M
NOI $118,374 @ 7.0% cap · market cap 7.52%
Second Best
—
—
no second resolved use
Theoretical Best
Retail
$2.45M
$2.15M – $2.86M
NOI $171,814 @ 7.0% cap · market cap 10.92%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Owl Craft Cladding, ...
Metal Fabrication Plant
Obsidian Solutions Services
Security Service
Sun West Mortgage ...
Loan Service
Phoenix Law Group
Law Firm
Legend Advisor
Financial Advisor
Similar For Sale Nearby
FAQs
What type of property is this?
Office building - For sale office building in Scottsdale, Arizona, offering commercial workspace within a standalone property.
Where is this office building located?
The property is located at 8950 E Raintree Dr Scottsdale, AZ.
What is the asking price?
The asking price for this property is $1,574,000.
What are key features of this property?
This property features: Standalone office building in Scottsdale, Arizona; Built in 1999; Commercial workspace office building
