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    1525 Granite Reef Rd Scottsdale, AZ 85257

    For Lease
    $22 SF/Yr ($15,376 /Mo)

    Prime Scottsdale Office, 2,702 SF Available

    Lot size:
    8,387 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    368
    This exceptional 2,702 square foot executive office space is situated within a larger 8,387 square foot building at 1525 N Granite Reef Rd, Scottsdale, AZ 85257. The property, classified as Class B, was constructed in 1974 and is zoned (SR) Service Residential within Maricopa County. The entire building consists of a single suite, currently offering a significant portion of vacant space ideal for a variety of businesses. The available space totals 2,702 square feet, presenting a unique opportunity for a company seeking a substantial and well-located office presence in Scottsdale. The building's location provides convenient access to major transportation routes and amenities. This is a multi-tenant building, offering the potential for interaction and collaboration with other businesses. The property's size and layout are well-suited for a range of executive office configurations, allowing for customization to meet specific business needs. This is a rare opportunity to secure a substantial office space in a desirable Scottsdale location. The property's zoning as (SR) Service Residential indicates its suitability for a variety of professional services. Serious inquiries are encouraged to explore this exceptional offering. The building's age reflects established infrastructure, while the available space provides the chance to create a modern and efficient workspace.

    Property Features for 1525 Granite Reef Rd

    General Information

    Property type
    Office Properties & Spaces
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    8,387 SF
    Class
    B
    Total Rate
    15376.17

    Building Details

    Year Built
    1974

    Unit(s) available at that property

    Space
    Suite 103
    Size
    2,702 SF
    Rate per SF
    $22

    HighLights

    • For Lease
    • 2,702 SF Suite 103
    • $22.00/SF NNN Lease Rate
    • Shell Condition; Generous Tenant Improvement Allowance Available
    • Suitable for Medical, Dental, and Professional Offices
    • SR (Service Residential) Zoning
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Lillo Joseph L ... Family Practice Physician Dr Ray Rodney ... Chiropractor Struktur Studio LLC Structural Engineer Arizona Barbecue Cleaning ... Cleaning Service Renew Landscaping and Design Landscape Designer

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Scottsdale
    County
    Maricopa
    State
    Arizona
    Longitude
    -111.8998498
    Latitude
    33.4648636

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    FAQs

    What type of property is this?
    Office Property / Space - Prime Scottsdale Office, 2,702 SF Available
    Where is this office property / space located?
    The property is located at 1525 Granite Reef Rd Scottsdale, AZ.
    What is the lease rate?
    The lease rate is $22 SF/Yr.
    What are key features of this property?
    This property features: For Lease; 2,702 SF Suite 103; $22.00/SF NNN Lease Rate
    Request Owner's contact information
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    1525 Granite Reef Rd Scottsdale, AZ 85257
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