Add Listing
    For Lease
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings

    6900 E Camelback Rd Scottsdale, AZ 85251

    View on Map
    Claim this Listing
    Loading data...
    Loading data...
    Loading data...
    For Lease
    Contact for pricing

    Office space connected to Scottsdale Fashion Square with covered parking.

    Type:Office
    Added:
    Apr 23, 2023
    Days on Market:
    1096
    Last Refresh:
    Mar 17 at 1:19 pm

    Property Features for 6900 E Camelback Rd

    General Information

    Standard status
    Active
    Property subtype
    Office

    Building Details

    Year Built
    1972

    Spaces For Lease

    at 6900 E Camelback Rd Contact us

    Suite 860 $48 /Mo

    Size
    2,155 SF
    Type
    Office
    Traditional office space ready for immediate occupancy
    Contact us

    Suite 820 $48 /Mo

    Size
    1,033 SF
    Type
    Office
    Former insurance office space.
    Contact us

    Suite 604 $48 /Mo

    Size
    2,156 SF
    Type
    Office
    Contact us

    We can help!

    Listing Contact
    Kathleen Morgan

    Listing agent Kathleen Morgan License #AZ BR111492000

    Listing office Transwestern Phoenix

    Listing date Apr 23, 2023

    Source Crexi

    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 Transwestern Phoenix

    Overview

    Office Space Near Scottsdale Fashion

    This commercial real estate offers office units and spaces connected to Scottsdale Fashion Square via an air-conditioned hallway, providing access to 1.5 million square feet of luxury retail. The property features abundant covered parking and has a walkability score of 85.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Peerlogic (Bike/Boat/Book/etc) Store Caratsmart LLC Big Box & Wholesale Store Finance of America Mortgage ... Loan Service Dicarlo Caserta Mckeighan Law Firm Better Horses Network Radio Station

    Suggested Use

    Restaurant Real Estate Agency Law Firm Building Supply Dental Office Spa & Massage Center Big Box & Wholesale Store Auto Repair Shop Hair Salon Hotel & Motel

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

    Location Insight

    • Map
    • Local Demand
    City
    Scottsdale
    County
    Maricopa
    State
    Arizona
    Longitude
    -111.9322883
    Latitude
    33.5027331

    Nearby Similar for Lease

    • $22/mo

      Scottsdale Office Condo For Lease

      2,563 SF office condo in Hayden Business Center.
      14201 N Hayden Rd #A4, Scottsdale, AZ 85260
      View Details
    • $29/mo

      Scottsdale Airpark Office Leasing Opportunity

      Office space in a dynamic Scottsdale Airpark location with premier amenities.
      8801 E Raintree Dr, Scottsdale, AZ 85260
      View Details
    • $29/mo

      Scottsdale Medical Office Space Available

      Premier medical office space in thriving Scottsdale healthcare corridor.
      7221 East Princess Drive, Scottsdale, AZ, 85255
      View Details
    • Contact for pricing

      AZ, Scottsdale - Scottsdale Quarter

      15169 Scottsdale Rd, Scottsdale, AZ 85260
      View Details
    • Contact for pricing

      AZ, Scottsdale- Scottsdale Spectrum

      6710 Scottsdale Rd, Unit 100, Scottsdale, AZ 85253
      View Details
    • Sponsored
      Contact for pricing

      Scottsdale Financial Center III

      7272 Indian School Rd, Unit 540, Scottsdale, AZ 85251
      View Details
    • Contact for pricing

      AZ, Scottsdale - N 92nd St

      10101 92Nd St, Unit 201, Scottsdale, AZ 85258
      View Details
    • Contact for pricing

      Promenade Corporate Center

      16427 Scottsdale Rd, Unit 410, Scottsdale, AZ 85254
      View Details
    • Contact for pricing

      Raintree Corporate Center

      15333 Pima Rd, Unit 305, Scottsdale, AZ 85260
      View Details
    • Contact for pricing

      Spaces Old Town Galleria

      4343 Scottsdale Rd, Scottsdale, AZ 85251
      View Details
    • Contact for pricing

      Camelback Square

      6991 Camelback Rd, Unit D-300, Scottsdale, AZ 85251
      View Details
    • Contact for pricing

      Fashion Square

      7150 Camelback Rd, Unit 444, Scottsdale, AZ 85251
      View Details

    FAQs

    What type of property is this?
    Office units - Office space connected to Scottsdale Fashion Square with covered parking.
    Where is this office units located?
    The property is located at 6900 E Camelback Rd Scottsdale, AZ.
    What are key features of this property?
    This property features: Connected to Scottsdale Fashion Square via air conditioned hallway; Enjoy 1.5M SF of luxury retail right at your doorstep; Abundant covered parking
    We can help!
    Contact for Pricing
    Please call us for current price
    and status of this listing
    Kathleen Morgan
    Real Estate License ID: AZ BR111492000
    Learn More
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    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.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    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.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    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
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!