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    OFF-MARKET
    Office Spaces

    10245 Vía Linda, Scottsdale, AZ 85258

    21,278 SF 1.78 ac lot Built 1987
    Property ID
    Property summary
    AI-generated overview

    This exceptional Scottsdale office building presents a compelling investment opportunity. The 21,278 square foot, two-story building boasts a striking Spanish Colonial design, featuring stucco walls, clay tile roofing, and attractive landscaping with mature trees and flowering plants. Built in 1987, this Class B property is situated on a 1.78-acre lot in the desirable Scottsdale Ranch submarket, zoned C-2. Currently 100% occupied with a multi-tenant lease structure, it generates a substantial net operating income (NOI) of $315,000, representing a 5.00% cap rate. The asking price is $6,300,000, or $296.08 per square foot. The building includes a hydraulic passenger elevator, exterior stairs, and a remotely monitored fire sprinkler system. Architectural details include hand-painted ceramic tile, French doors, multi-paned windows, exposed wood beams, and a courtyard fountain. Many suites offer private patios or balconies, and ample parking is provided (4.61 spaces per 1,000 sq ft). The property's design is well-suited for small businesses in financial and service industries. This is a stabilized investment with a strong NOI and excellent potential for future growth in a highly sought-after location. The property's APN is 217-35-987C.

    Property profile
    Verified
    Property type Office Spaces
    Year built 1987
    Total area 21,278 SF
    Lot 1.78 ac (77,537 SF)
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Current use
    Occupant on record · Public records
    • Isalis (Bike/Boat/Book/etc) Store
    • Party City Party Supply Store (Bike/Boat/Book/etc) Store
    • Skunk Funk Big Box & Wholesale Store
    • Carl's Trading Co Hat Shop
    • Bushka's Kitchen LLC (Bike/Boat/Book/etc) Store
    Value estimations
    Realmo proprietary · 4 methods
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    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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