8155 E INDIAN BEND Road 206, Scottsdale, AZ 85250

$4,595,923
Property Type: Comm/Industry Sale Square Footage: 12,085 Lot Size (sq. ft.): 12,085 Status: Closed
Current Price: $4,595,923 List Date: 3/10/2023 Last Modified: 6/17/2023

Overview

Description

100% LEASED INVESTMENT OPPORTUNITY | MULTI-TENANT OFFICE CONDOS (SUITES 107, 109 & 111) FOR SALE. - 6.50% CAP RATE - SINGLE STORY OFFICE BUILDING OVERLOOKING SILVERADO GOLF COURSE WITH CAMELBACK MOUNTAIN VIEWS. PRIME MCCORMICK RANCH LOCATION. HIGH-END BUILDOUTS WITH SUBSTANTIAL GLASS LINE AND OPEN SPACE. ALL LEASES ARE 5 to 7 YEARS AND INCLUDE 3% ANNUAL INCREASES - LANDLORD BILLS ON A MONTHLY BASIS FOR: TAXES, INSURANCE AND ASSOCIATION DUES. (SEE FLYER) TWO TENANTS: JPM MANAGEMENT GROUP LLC. & UNITED ENERGY PARTNERS.

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Listing Details MLS# 6528718

Location, Tax & Legal

Map Code/Grid
N37
House Number
8155
Compass
E
Street Name
INDIAN BEND
St Suffix
Road
City/Town Code
Scottsdale
State/Province
AZ
Zip Code
85250
Zip4
4827
Country
US
County Code
Maricopa
Subdivision
INDIAN BEND CORPORATE CENTRE LLC
Assessor Number
174-11-410
Tax Year
2022

Contract Info

Ownership
Fee Simple

General Property Description

Ttl Apx SqFt Bldg
12085
# of Buildings
Yes
Year Built
2005
Uncvrd Parking Spcs
10
Zoning
PCC SCOTTSDALE

Status Change Info

Off Market Date
2023-04-20
Under Contract Date
2023-04-19
Close of Escrow Date
2023-06-16

Legal Info

Township
2N
Range
4E
Section
12
Lot Number
206

More Information

Sold Info

Loan Type
Other
Payment Type
Other
Clsing Cost Split
Normal - N
Buyer Concession $/%
%
Seller Concession $/%
%

Property Features

Building Type: Commercial; Office Business Type: Other Stories: Other (See Remarks) Construction: Other Roofing: Other Floors: Other Ceiling Height: 12.1 Feet to 14 Feet Heating: Other Cooling: Other Loading Facilities: Other (See Remarks) Interior Features: Other (See Remarks) Exterior: Other (See Remarks) Fencing: Other Building Features: Other (See Remarks) Parking Features: Other Electric: Other (See Remarks) Gas: Other (See Remarks) Water Source: Other Sewer: Other Railroad: Other (See Remarks) New Financing: Other (See Remarks) Showing Notification Methods: Text; Email; Phone Call Source of Fincl Data: Other (See Remarks) Existing Othr Ln Trm: Other (See Remarks) Traffic Count: Other (See Remarks) Use Restrictions: Other (See Remarks) Environmental: Other (See Remarks)
IDX
Listing Office: Cutler Commercial
Last Updated: June - 17 - 2023
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