$4,595,923
Scottsdale, AZ 85250
MLS# 6528718
Status: Closed
1 / 6
Property 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.
Details
Contract Info
Ownership: Fee Simple
Current Price: $4,595,923
Sold Price: $4,595,923
Status: Closed
List Date: 2023-03-01
Location, Tax & Legal
Unit #: 206
Assessor's Map #: 11
Legal Description (Abbrev): LOT 206 INDIAN BEND CORPORATE CENTRE LLC MCR 078408
Assessor's Parcel #: 410
Add'l Parcels: No
Tax Municipality: Scottsdale
Census Tract: 216902
Taxes: 1459
Legal: LOT 206 INDIAN BEND CORPORATE CENTRE LLC MCR 078408
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
County Code: Maricopa
Subdivision: INDIAN BEND CORPORATE CENTRE LLC
Assessor Number: 174-11-410
Tax Year: 2022
General Property Description
Ttl Apx SqFt Bldg: 12085
# of Buildings: 1
Uncvrd Parking Spcs: 10
Year Built: 2005
Zoning: PCC SCOTTSDALE
Legal Info
Range: 4E
Section: 12
Township: 2N
Lot Number: 206
Construction
Other: 1
Roofing
Other: 1
Floors
Other: 1
Income & Expenses
Owner Association: Yes
Annual Ownr Asoc Fee: 0
Other Income: 0
Vacancy Allowance: 0
Adjusted Gross Inc: 0
Building Type
Commercial: 1
Office: 1
Business Type
Other: 1
Stories
Other (See Remarks): 1
Pmt & Rate Info
Equity: 4843396
Total Owed: 0
Showing Notification Methods
Text: 1
Email: 1
Phone Call: 1
Ceiling Height
12.1 Feet to 14 Feet: 1
Heating
Other: 1
Cooling
Other: 1
Interior Features
Other (See Remarks): 1
Loading Facilities
Other (See Remarks): 1
Exterior
Other (See Remarks): 1
Source of Fincl Data
Other (See Remarks): 1
Traffic Count
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
Other (See Remarks): 1
Gas
Other (See Remarks): 1
New Financing
Other (See Remarks): 1
Use Restrictions
Other (See Remarks): 1
Reports/Disclosures
Other (See Remarks): 1
Environmental
Other (See Remarks): 1
Existing Othr Ln Trm
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: 33.536814
Geo Lon: -111.905278
Status Change Info
Off Market Date: 2023-04-20
Under Contract Date: 2023-04-19
Close of Escrow Date: 2023-06-16
Sold Price: $4,595,923
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)
Supplements
All information furnished is from sources deemed reliable. No representation is made as to the accuracy thereof and it is submitted subject to errors, omissions, changes, or withdrawal without notice and to any special listings conditions, including the rate and manner of payment of commissions for particular offerings imposed by principals oragreed to by the company, the terms of which are available to interested principals or brokers. All dimensions are approximate. Owner and/or Broker make no representations expressed or implied as to the accuracy of floor plan/site plan dimensions.
Listing Office: Cutler Commercial
Last Updated: June - 17 - 2023
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