14805 73rd St, Scottsdale, AZ 85260-3107
This exceptional 13,924 square foot single-story office building in Scottsdale Airpark presents a compelling investment or owner-user opportunity. Located at 14805 N 73rd St, this Class B property boasts 100% occupancy with a strong NOI of $259,485. Built in 1981 and renovated in 2006, the building sits on a 1.59-acre lot with 62 parking spaces. The property features a desirable I-1 zoning and is situated near major amenities including Scottsdale Quarter and Kierland Commons, offering easy access to Scottsdale Airport and freeways. The current tenant, a national insurance brokerage firm, is experiencing significant growth, presenting potential for future rent increases. The building's size (under 20,000 square feet) is highly sought after in the Scottsdale Airpark, which currently exhibits a low vacancy rate for similar properties. This presents a unique chance to capitalize on a thriving economic hub with strong market fundamentals and an exceptionally strong demographic base. The property's financial performance is further enhanced by its below-market rent, creating significant upside potential for investors. This is a rare opportunity to acquire a well-maintained, high-performing asset in a premier Scottsdale location.
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DBP Benefits Insurance Agency
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Bolwar Jr Duane Insurance Agency
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
I-1 · Scottsdale, AZScottsdale. Always verify with local authorities before improvements.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.