Property summary
This exceptional two-story, Class B office building, totaling 73,959 gross rentable square feet, is situated on a 7.24-acre lot in the heart of Scottsdale, Arizona. Built in 2006, the property boasts a desirable location along the 101 Freeway, just south of Via De Ventura, within a vibrant submarket known for its affluent demographics and proximity to numerous restaurants, hotels, and entertainment venues, including the Talking Stick Resort and Casino. Currently at 58.67% occupancy, this multi-tenant building presents a compelling value-add investment opportunity or a potential owner-user space. With approximately 45,000 square feet currently available, there's significant potential for future expansion. The property features ample parking, with a generous ratio of 5.7 spaces per 1,000 square feet, catering to diverse tenant needs, including medical offices. The building is zoned R1-7. This property offers a unique blend of location, size, and potential, making it an attractive proposition for discerning investors and businesses alike.
Property profile
VerifiedCap rate & NOI
Location
Value estimations
Owner & transaction history
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
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Value estimation
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from $99/month
Cap rate
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from $99/month
Property description
Physical attributes from public recordsZoning & alternative use
Zoning
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No zoning code is on file for this parcel. Zoning coverage grows with every catalog release — check back, or open Location Intelligence for use analysis of this corner.
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