Office Unit with Covered
8985 E Bell Rd Unit 112, Scottsdale, AZ 85260
For Sale
Contact for pricing
Suite 112 offers west- and south-facing windows, shared meeting amenities, and access to covered tenant parking.
Property Size10,165 SF
Price / SF$0.14
Days on Market95
Property Features for 8985 E Bell Rd Unit 112
General Information
Standard status
Size
Additional Details
Highway Access
Amenities
common areas
kitchen/break room
conference room
covered parking
Building Details
Year Built
Listing Agency:
Desert Dream Realty
Listed By:
Michael Ragains
(480) 216-5483
Source:
Findyourphoenixazhome
Added: Aug 12
Changed: Nov 1
Last Checked: Nov 10 at 12:03PM
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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Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
Suite 112 is an office unit with west- and south-facing windows and an approximate interior footprint of 15'1'' X 14'2''. The property includes shared common areas, a kitchen and break room, and a conference room with video and digital capabilities available for reservation. Unassigned covered parking is provided for tenants.
The office is located at 8985 E Bell Rd in Scottsdale, with access to the 101 nearby. The building was constructed in 2005, and the property information identifies a total size of 10,165 square feet.
The office is located at 8985 E Bell Rd in Scottsdale, with access to the 101 nearby. The building was constructed in 2005, and the property information identifies a total size of 10,165 square feet.
Key Highlights
- Suite 112 with west- and south‑facing windows
- Approximate office dimensions of 15'1'' X 14'2''
- Conference room with video and digital capabilities
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
Second Best
—
—
no second resolved use
Theoretical Best
Retail
$3.34M
$2.92M – $3.89M
NOI $233,582 @ 7.0% cap
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
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
$637,000
Median Home Value
Market
Average Price Trend$/SF for Office Units in Scottsdale, AZ
Properties on Market for Office Units in Scottsdale
Vacancy Rate% for Office in West region
Frequently Asked Questions
What type of property is this?
Office unit - Suite 112 offers west- and south-facing windows, shared meeting amenities, and access to covered tenant parking.
Where is this office unit located?
The property is located at 8985 E Bell Rd Unit 112 Scottsdale, AZ.
What are key features of this property?
This property features: Suite 112 with west- and south‑facing windows; Approximate office dimensions of 15'1'' X 14'2''; Conference room with video and digital capabilities
