Freestanding Flex Office
New
For Sale
$4,450,000
9495 E San Salvador Dr, Scottsdale, AZ 85258
A vacant portion supports owner occupancy while leased space provides interim income.
Property Size14,392 SF
Price / SF$309.20
Days on Market2
Property Features for 9495 E San Salvador Dr
General Information
Standard status
Active
Size
14,392 SF
Class
B
Property subtype
Office
Building Details
Building Size
14,392 SF
Year Built
1987
Buildings
1
Listing Agency:
LevRose Commercial Real Estate
Listed By:
Danielle Davis · License #SA556961000
(480) 329-7734
Source:
Tcnworldwide
Added: Oct 9
Changed: Oct 10
Last Checked: Oct 10 at 2:50AM
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 LevRose Commercial Real Estate
Investment Insights
Based on property information with market context.
This freestanding flex/office property in Scottsdale totals ±14,392 SF and was built in 1987. The vacant ±7,748 SF portion can accommodate an owner-user, while ±6,644 SF is leased on a short-term basis. As those leases expire, the occupied area can be expanded into the leased portion.
Key Highlights
- ±14,392 SF freestanding flex/office building
- ±7,748 SF vacant for owner occupancy
- ±6,644 SF leased on a short‑term basis
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$227,850
Cap Rate
5.12%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$4,557,000
$4.6M
Cap Rate 7%
$3,255,000
$3.3M
Cap Rate 9%
$2,531,667
$2.5M
Market Conditions
NOI Build-Up for 14,392 SF
Gross rent
$369.6K $25.68/SF
− Vacancy
−$65.8K −$4.57/SF
EGI
$303.8K $21.11/SF
− OpEx
−$76.0K −$5.28/SF
NOI
$227.9K $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%
$4,557,000
Cap Rate 7%
$3,255,000
Cap Rate 9%
$2,531,667
Alternative Uses
Best Use
Office B
$3.25M
$2.85M – $3.80M
NOI $227,850 @ 7.0% cap · market cap 5.12%
Second Best
Industrial
$2.84M
$2.49M – $3.32M
NOI $199,123 @ 7.0% cap · market cap 4.47%
Theoretical Best
Retail
$4.72M
$4.13M – $5.51M
NOI $330,714 @ 7.0% cap · market cap 7.43%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Current Use
Location Intelligence
Trade Area within ½ mile
2,075
Businesses Nearby
Balanced
Demand for This Use
Explore this area
Business Placement
Demographics for 85258, AZ
25,203
Population
15,566
Households
1.6
Avg Household Size
55
Median Age
63%
College-Educated
99%
High-School Grad
10.3 sq mi
ZIP Area
2,447
Density / Sq Mi
$105,171
Median Household Income
$68,184
Median Earnings
$1,945
Median Rent
$744,600
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Office in West region
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Similar Off Market Nearby
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- Chef Tiffany Donovan — 9375 E Shea Blvd Suite 100, Scottsdale, AZ 85260
Frequently Asked Questions
What type of property is this?
Flex space - A vacant portion supports owner occupancy while leased space provides interim income.
Where is this flex space located?
The property is located at 9495 E San Salvador Dr Scottsdale, AZ.
What is the asking price?
The asking price for this property is $4,450,000.
What are key features of this property?
This property features: ±14,392 SF freestanding flex/office building; ±7,748 SF vacant for owner occupancy; ±6,644 SF leased on a short‑term basis
