FULLY REMODELED SCOTTSDALE OFFICE BUILDING FOR SALE OR FOR LEASE

Transcription

1 FULLY REMODELED SCOTTSDALE OFFICE BUILDING FOR SALE OR FOR LEASE 8683 E. VIA DE NEGOCIO SCOTTSDALE, AZ FOR MORE INFORMATION CONTACT: GEOFF TURBOW ZAK KOTTLER N. Civic Center Plaza, Suite 100 Scottsdale, AZ WORLDWIDE REAL ESTATE SERVICES

2 Table of Contents Property Profile & Highlights Demographics 1st Floor - Floor Plan 2nd Floor - Floor Plan The Tenant Property Photos Sale Comps Executive Summary GEOFF TURBOW gturbow@levrose.com ZAK KOTTLER zkottler@levrose.com 4414 N. Civic Center Plaza, Suite 100 Scottsdale, AZ WORLDWIDE REAL ESTATE SERVICES This information has been secured from sources believed to be reliable, but no representations or warranties are made, expressed or implied, as to the accuracy of the information. References to square footage are approximate. Buyer and tenant must verify the information and bears all risk for any inaccuracies. All quoted prices are subject to change without notice.

3 property overview property highlights Offering Price $1,695,000 Price PSF $200.00/SF Lease Price $21.50/SF Full Service Property Size ±8,444 SF Land Size ±25,617 SF No. of Stories Two Stories Vacancy First Floor - 4,418 SF Year Built 1984 Remodeled 2015 Entirely remodeled office building - Interior & Exterior New break rooms, bathrooms, and landscaping Class A Build-outs Ready for move-in Exterior Building Signage 33 parking spaces of which 14 are covered Located within minutes of the Loop 101 Freeway & Scottsdale Road. Many retail establishments within close proximity. Private Balconies Lease Rate is Full Service Net of Janitorial Parking Ratio 4/1,000 (33 Total, 14 covered) Parcel No Zoning C-0, City of Scottsdale 8683 VIA DE NEGOCIO 4414 N. Civic Center 4414 Plaza, N. Suite Civic 100 Center Plaza, Suite 100 Scottsdale, AZ 85251Scottsdale, AZ This information has been secured from sources believed to be reliable, but no representations or warranties are made, expressed or implied, as to the accuracy of the information. References to square footage are approximate. Buyer and tenant must verify the information and bears all risk for any inaccuracies. All quoted prices are subject to change without notice. WORLDWIDE REAL ESTATE SERVICES

4 demographics POPULATION 1 Mile 3 Miles 5 Miles 2019 Projection 8,158 57, , Estimate 7,583 53, ,885 Growth % 7.79% 7.11% Growth % 7.06% 4.70% HOUSEHOLDS 1 Mile 3 Miles 5 Miles 2019 Projection 4,174 28,466 70, Estimate 3,914 26,475 65,921 Growth % 7.52% 7.06% Growth % 2.43% 1.10% 2014 Avg HH Income $84,154 $93,293 $95,684 TRAFFIC COUNT Via De Ventura 43,761 VPD Pima Rd 57,099 VPD Hayden Rd 26,467 VPD Via De Negoico 22,646 VPD 8683 VIA DE NEGOCIO DRIVE TIMES 13 Min. To Scottsdale Quarter 15 Min. To McDowell Mtn. Ranch 14 Min. To Scottsdale Airport 18 Min. To Sky Harbor Int l. Aitport 15 Min. To Old Town Scottsdale 26 MIn. To Downtown Phoenix This information has been secured from sources believed to be reliable, but no representations or warranties are made, expressed or implied, as to the accuracy of the information. References to square footage are approximate. Buyer and tenant must verify the information and bears all risk for any inaccuracies. All quoted prices are subject to change without notice.

5 1st floor floor plan AVAILABLE

6 Leased to Entegee Inc, a subsidiary of Adecco Inc Balcony Balcony Balcony 2nd floor floor plan

7 The Tenant Entegee Inc, a subsidiary of Adecco Inc, Recently executed a new Five (5) year lease for the second floor with a corporate guarantee from Adecco Inc. The lease term commences 3/1/2016 and expires 6/30/2021. Since 1958, ENTEGEE has responded to the staffing needs of hundreds of companies by providing experienced professionals in the engineering and technical industries. ENTEGEE has over fifty years of experience in providing Fortune 500 and other companies with highly qualified technical personnel. All our offices combined currently employ over 2500 contract engineering and programming specialists, and maintain an internal staff of over 300 successful recruiting and customer service personnel. The Adecco Group is the world s leading provider of HR solutions. With more than 32,000 FTE employees and around 5,100 branches, in over 60 countries and territories around the world, we offer a wide variety of services, connecting around 700,000 associates with our clients every day. The services we offer fall into the broad categories of temporary staffing, permanent placement, career transition and talent development, as well as outsourcing and consulting.

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10 SALE COMPS PROPERTY PRICE SF PRICE/SF SALE DATE N Pima Road $1,950,000 8,980 SF $ /29/2015 Bldg C Scottsdale, AZ N Scottsdale Road $1,750,000 8,553 SF $ /11/2015 Scottsdale, AZ N. Via De Negocio $1,600,000 6,828 SF $ /05/2015 Scottsdale, AZ N. 86th Place $965,000 5,107 SF $ /16/2015 Pinnacle Development Group Scottsdale, AZ N. 87th Place $825,000 3,825 SF $ /25/2015 Scottsdale, AZ WORLDWIDE REAL ESTATE SERVICES 4414 N. Civic Center Plaza, Suite 100 Scottsdale, AZ 85251

11 GEOFF TURBOW ZAK KOTTLER E. VIA DE NEGOCIO SCOTTSDALE, AZ Via De Negocio offers the rare opportunity of owning a fully remodeled, state of the art, fee simple office building in Scottsdale. This property is the perfect acquisition for an Owner/User who could utilize the ground floor 4,418 SF for themselves, while retaining the rental income from the new Five (5) year lease in place on the second floor. It also presents an opportunity for an Investor to purchase a lease ready (ground floor available) property, with highly modernized finishes which are desired by the majority of Tenant s in the Scottsdale Market. With immediate access to the 101, surrounded by an abundance of retail amenities, two private patios and great window line with sweeping mountain views, this offering is truly one of a kind N. Civic Center Plaza, Suite 100 Scottsdale, AZ WORLDWIDE REAL ESTATE SERVICES This information has been secured from sources believed to be reliable, but no representations or warranties are made, expressed or implied, as to the accuracy of the information. References to square footage are approximate. Buyer and tenant must verify the information and bears all risk for any inaccuracies. All quoted prices are subject to change without notice.