8155 Indian Bnd Rd Scottsdale, AZ 85250-4827
- Office Properties & Spaces
- 3.71 lot acres
Current Use by Public Records
- Rory Martin American Family Insurance / Insurance Agency
- 4MOST / Website Designer
- SayGo Home Loans / Mortgage Lender
- Dentek Dental Laboratory / Dental Laboratory
- SalesGenomix / Business Management Consultant / Consultant
Property Details for 8155 Indian Bnd Rd
- Lot size
- 3.71 lot acres
- Zone code
- PCC
- Property type
- Office Properties & Spaces
- APN
- 174-11-425
- APU
- 17411425
Description
This exceptional Scottsdale office space, located at 8155 E Indian Bend Rd, Suite 103, presents a compelling investment opportunity. The 1,562 square foot unit is situated within the Indian Bend Corporate Center and boasts a desirable location in the 85250 zip code. Currently leased to a State Farm agent under a triple-net (NNN) lease, the property generates a substantial net operating income. The lease commenced in February 2023 and expires in May 2026, with a single three-year renewal option at market rates, extending the potential lease term to May 2029. The asking price is $623,238, representing a 5.98% capitalization rate. The property features a spacious open reception area, a private bathroom, a storage closet, three private offices, and a large breakroom, all with modern finishes. The property is zoned PCC (Maricopa County APN: 174-11-410, 174-11-412) and offers a strong, stable income stream for investors seeking a traditional office investment in a prime Scottsdale location. The current net operating income is $37,296 annually. This is a turnkey investment ready for immediate income generation.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Scottsdale
- County
- Maricopa
- State
- Arizona
- Longitude
- -111.905
- Latitude
- 33.5368
- CBSA code
- 38060
- CBSA name
- PHOENIX-MESA-SCOTTSDALE, AZ METROPOLITAN STATISTICAL AREA
