West-Facing Office
For Sale
Contact for pricing
8985 E BELL Road 110, Scottsdale, AZ 85260
Upstairs office unit with shared kitchen, reservable conference facilities, and covered parking near the 101.
Property Size10,165 SF
Price / SF$0.08
Days on Market67
Property Features for 8985 E BELL Road 110
General Information
Standard status
Active
Size
10,165 SF
Elevators
Yes
Property subtype
Comm/Industry Lease
Additional Details
Floor
Upstairs
Highway Access
Yes
Amenities
kitchen/break room
conference room
Listing Agency:
Desert Dream Realty
(480) 252-8300
Listed By:
Michael Ragains
(480) 216-5483
Source:
Virginiagee
Added: Aug 21
Changed: Oct 25
Last Checked: Oct 24 at 4:48PM
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 Desert Dream Realty
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Investment Insights
Based on property information with market context.
This office unit is located upstairs near the elevator and measures about 11x14 feet. The west-facing workspace is part of a 10,165-square-foot office property completed in 2005, with clean shared areas that include a kitchen and break room.
A conference room with video and digital capabilities is available for reservation. Tenants have access to unassigned covered parking. The property is at 8985 E Bell Rd Unit 201 in Scottsdale, with convenient access to the 101.
A conference room with video and digital capabilities is available for reservation. Tenants have access to unassigned covered parking. The property is at 8985 E Bell Rd Unit 201 in Scottsdale, with convenient access to the 101.
Key Highlights
- About 11x14‑foot upstairs office near the elevator
- West‑facing office unit within a 10,165‑square‑foot property
- Shared kitchen and break room
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$160,929
Suggested Prices Based on Cap Rates
Cap Rate 5%
$3,218,580
$3.2M
Cap Rate 7%
$2,298,986
$2.3M
Cap Rate 9%
$1,788,100
$1.8M
Market Conditions
NOI Build-Up for 10,165 SF
Gross rent
$261.0K $25.68/SF
− Vacancy
−$46.5K −$4.57/SF
EGI
$214.6K $21.11/SF
− OpEx
−$53.6K −$5.28/SF
NOI
$160.9K $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%
$3,218,580
Cap Rate 7%
$2,298,986
Cap Rate 9%
$1,788,100
Alternative Uses
Best Use
Office B
$2.30M
$2.01M – $2.68M
NOI $160,929 @ 7.0% cap · market cap 20,116.13%
Second Best
—
—
no second resolved use
Theoretical Best
Retail
$3.34M
$2.92M – $3.89M
NOI $233,582 @ 7.0% cap · market cap 29,197.75%
Zoning and permitted uses should be independently verified with authorities.
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Current Use
Lease Details
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
2,036
Businesses Nearby
Explore this area
Business Placement
Demographics for 85260, AZ
37,967
Population
21,072
Households
1.8
Avg Household Size
47
Median Age
59%
College-Educated
97%
High-School Grad
14.2 sq mi
ZIP Area
2,674
Density / Sq Mi
$103,854
Median Household Income
$62,835
Median Earnings
$1,969
Median Rent
$637,000
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Office in West region
Frequently Asked Questions
What type of property is this?
Office unit - Upstairs office unit with shared kitchen, reservable conference facilities, and covered parking near the 101.
Where is this office unit located?
The property is located at 8985 E BELL Road 110 Scottsdale, AZ.
What are key features of this property?
This property features: About 11x14‑foot upstairs office near the elevator; West‑facing office unit within a 10,165‑square‑foot property; Shared kitchen and break room
