$5,400,000
Scottsdale, AZ 85260
MLS# 6104895
Status: Closed
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Property Description
PLEASE NOTE: THIS IS A USER/INVESTOR OPPORTUNITY ( 79% OCCUPIED) THERE ARE 2 BUILDINGS FOR SALE TOGETHER 16655 N 90 ST (±14,854 SF) & 16679 N. 90 TH ST (±18,120 SF FOR A TOTAL OF ±32,974 SF. Two high-end multi-tenant industrial buildings located side by side on two separate parcels located in the prestigious McDowell Mountain Business Park. The buildings offer easy access to the Loop 101 and are blocks away from the Scottsdale Airpark, West World, Tournament Player's Club Stadium and Champions Golf Course, Westin Kierland Resort & Spa, as well as top tier Scottsdale restaurants, retail and premier live/work accommodations all surrounded by the beautiful McDowell Mountains and desert wildlife.
Details
Documents
Contract Info
Ownership: Fee Simple
Current Price: $5,400,000
Sold Price: $5,400,000
Status: Closed
List Date: 2020-07-17
Location, Tax & Legal
Assessor's Map #: 13
Legal Description (Abbrev): LOT B1 90TH STREET AND BAHIA BUSINESS PARK PARCEL B MCR 081427
Assessor's Parcel #: 789
Add'l Parcels: No
Tax Municipality: Maricopa - COUNTY
Census Tract: 216846
Taxes: 20052
Legal: LOT B1 90TH STREET AND BAHIA BUSINESS PARK PARCEL B MCR 081427
Map Code/Grid: L38
House Number: 16679
Compass: N
Street Name: 90TH
St Suffix: Street
City/Town Code: Scottsdale
State/Province: AZ
Zip Code: 85260
Zip4: 2832
County Code: Maricopa
Subdivision: 90TH STREET AND BAHIA BUSINESS PARK PARCEL B
Assessor Number: 217-13-789
Tax Year: 2019
General Property Description
Ttl Apx SqFt Bldg: 32974
# of Buildings: 2
Uncvrd Parking Spcs: 77
Year Built: 2005
Zoning: PCD-I-1
Legal Info
Range: 5E
Section: 6
Township: 3N
Lot Number: B1
Construction
Other: 1
Roofing
Other: 1
Floors
Other: 1
Income & Expenses
Owner Association: No
Annual Ownr Asoc Fee: 0
Other Income: 0
Vacancy Allowance: 0
Adjusted Gross Inc: 0
Building Type
Other (See Remarks): 1
Business Type
Other: 1
Stories
2 Stories: 1
Pmt & Rate Info
Cap Rate: 5.8
Equity: 5869500
Total Owed: 0
Showing Notification Methods
Text: 1
Email: 1
Phone Call: 1
Lockbox Type
None: 1
Ceiling Height
16.1 Feet to 28 Feet: 1
Heating
Other: 1
See Remarks: 1
Cooling
Other: 1
See Remarks: 1
Interior Features
Other (See Remarks): 1
Loading Facilities
Grade Level: 1
Exterior
Other (See Remarks): 1
Source of Fincl Data
Other (See Remarks): 1
Fencing
Other: 1
Water Source
Other: 1
Freeway/Highway
Other (See Remarks): 1
Building Features
Other (See Remarks): 1
Sewer
Other: 1
Railroad
Other (See Remarks): 1
Parking Features
Other: 1
Electric
APS: 1
Gas
Other (See Remarks): 1
New Financing
Other (See Remarks): 1
Reports/Disclosures
Other (See Remarks): 1
Environmental
Other (See Remarks): 1
Sold Info
Loan Type: Other
Payment Type: Other
Clsing Cost Split: Normal - N
Buyer Concession to Seller: 0
Buyer Concession $/%: $
Seller Concession to Buyer: 0
Seller Concession $/%: $
Remarks Misc
Geo Lat: 33.638524
Geo Lon: -111.886538
Status Change Info
Off Market Date: 2021-01-04
Under Contract Date: 2021-01-04
Close of Escrow Date: 2021-01-15
Sold Price: $5,400,000
Income Expenses
Net Operating Income: 340339
Property Features
Building Type: Other (See Remarks)
Business Type: Other
Stories: 2 Stories
Construction: Other
Roofing: Other
Floors: Other
Ceiling Height: 16.1 Feet to 28 Feet
Heating: Other; See Remarks
Cooling: Other; See Remarks
Loading Facilities: Grade Level
Interior Features: Other (See Remarks)
Exterior: Other (See Remarks)
Fencing: Other
Building Features: Other (See Remarks)
Parking Features: Other
Electric: APS
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
Lockbox Type: None
Source of Fincl Data: Other (See Remarks)
Environmental: Other (See Remarks)
SALES PACKAGE 
Listing Office: Cutler Commercial
Last Updated: August - 06 - 2021
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