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    FOR LEASE
    Office buildings

    7150 E Camelback Rd, Scottsdale, AZ 85251

    129,827 SF 2.14 ac lot Built 1987
    Entity Owned 13-yr Hold ~ Est. High Equity
    Property ID
    US07-2328175
    7150 E Camelback Rd, Scottsdale, AZ 85251 For Lease
    $32,845,000
    7150 E Camelback Rd, Scottsdale, AZ 85251
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    Property summary
    AI-generated overview

    This exceptional Class A office building in Scottsdale, Arizona, offers a diverse range of workspace solutions. Located at 7150 East Camelback Suite 444, 85251, in Maricopa County, this 11,187 square foot property boasts 350 suites and underwent renovations in 2019. The building features elevators and offers flexible options for businesses of all sizes. Spaces range from a minimum of 10 square feet to a maximum contiguous space of 1,300 square feet, with 5,970 square feet currently vacant. Tenancy is multiple, catering to diverse needs. Available options include private, fully furnished executive offices, customizable to suit individual requirements, ranging from single-person setups to large corporate spaces. Coworking options provide shared office or open-plan areas, perfect for collaborative work environments. Meeting rooms are available for short-term or long-term use, equipped with Wi-Fi and presentation capabilities. Virtual office solutions include prestigious business addresses, mail handling, and professional virtual assistant services, with varying levels of access to physical office space. Flexible working plans offer access to a global network of workspaces, providing ultimate convenience and scalability for businesses. This property presents a unique opportunity to secure prime office space in a thriving Scottsdale location.

    Property profile
    Verified
    Property type Office buildings
    Use group OFFICE BUILDING
    Year built 1987
    Construction STEEL FRAME
    Total area 129,827 SF
    Lot 2.14 ac (93,366 SF)
    Zoning code D/DRU-2
    APN 173-37-011
    UPID US07-2328175
    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
    • SEEBURGER (Bike/Boat/Book/etc) Store Corporate Office
    • Grow Learning Management System Training Center Tutoring Service
    • Rob Hess Insurance Agency Insurance Agency
    • HealthMarkets Insurance - Randy Oakman Insurance Agency
    • HealthMarkets Insurance Agency Insurance Agency
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    by Request
    CAP Approach CAP
    by Request
    Comparable Approach Comparable
    $34.13M
    Blend (final) Blend
    $32.85M
    Owner & transaction history
    Scottsdale Fashion Office LLC · 13 yrs held
    Scottsdale Fashion Office LLC
    since 2013
    2 recorded transactions
    2013
    2008
    Zoning & alternative use
    D/DRU-2 · Scottsdale, AZ
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
    Top alternative use upside
    Auto repair, garage $53.5M +9.5%
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    “Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
    More about this property
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