Entity Owned Property summary
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.
Property profile
VerifiedCap rate & NOI
Current use
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Insurance Agency
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Marketing & Advertising (Bike/Boat/Book/etc) Store
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Loan Service Bank
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Dental Office
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Business Management Consultant Consultant
Location
Value estimations
Owner & transaction history
Zoning & alternative use
The PCC district is intended to provide a large variety of retail goods and personal and professional services for multiple neighborhoods. Residential uses are encouraged to promote day and night time activity.
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Value estimation
Instant AI valuation built from comps, income signals, and proprietary benchmarks. A defensible range, not a single guess.
from $99/month
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $99/month
Price sensitivity
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Property tax & assessments
Tax year 2023Property description
Physical attributes from public recordsZoning & alternative use
PCC · Scottsdale, AZThe PCC district is intended to provide a large variety of retail goods and personal and professional services for multiple neighborhoods. Residential uses are encouraged to promote day and night time activity.
Zoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
Zoning designation
Official district profile
The PCC district is intended to provide a large variety of retail goods and personal and professional services for multiple neighborhoods. Residential uses are encouraged to promote day and night time activity.
What can be built and operated here — officially.
The district profile from the municipal source: what is on file for PCC in Scottsdale, AZ.
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Find the owner behind the property.
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