Mixed-Use Property For
7024 E Osborn Rd Scottsdale, AZ 85251
7024 E Osborn Rd, Scottsdale, AZ, 85251
Contact for pricing
For Sale
Contact for pricing
Mixed-use property available for sale or lease.
Property Size5,555 SF
Price / SF$558.06
Days on Market705
Property Features for 7024 E Osborn Rd
General Information
- Standard status
- Active
- Size
- 5,555 SF
- Property subtype
- Retail, Office, Mixed Use, Land
Building Details
- Year Built
- 1973
Listing Agency
Colliers - Phoenix, Arizona
Listed by
Brian Ackerman · License #SA532174000
Source
Crexi
Added: Aug 14, 2024 Checked: Jul 17 at 10:17 am
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 Colliers - Phoenix, Arizona
Investment Insights
Based on property information with market context.
This mixed-use property, comprising 5555 square feet, is available for sale or lease.
Key Highlights
- Year Built: 1973
Local Financial Insights For Retail
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 | $186.6k | $33.60 |
| − Vacancy | −$4.3k | −$0.77 |
| EGI | $182.4k | $32.83 |
| − OpEx | −$54.7k | −$9.85 |
| NOI | $127.6k | $22.98 |
5,555 SF · lease $33.60/SF/yr · vacancy 2.30% · expense 30.00%
Alternative Uses
Best Use
Retail
$1.82M
$1.60M – $2.13M
NOI $127,649 @ 7.0% cap · market cap 4.12%
Second Best
Office B
$1.26M
$1.10M – $1.47M
NOI $87,945 @ 7.0% cap · market cap 2.84%
Theoretical Best
—
—
same as Best Use
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Sole Serenity
Nail Salon
Phoenix Shambhala Meditation ...
Alternative Medicine Practice
Hair transformation
Hair Salon
DiMura's Moving Services ...
Moving Company
Amfex American Funding ...
Loan Service
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FAQs
What type of property is this?
Mixed-use property - Mixed-use property available for sale or lease.
Where is this mixed-use property located?
The property is located at 7024 E Osborn Rd Scottsdale, AZ.
What is the asking price?
The asking price for this property is $3,100,000.
What are key features of this property?
This property features: Year Built: 1973
