WORLDWIDE FOR SALE FREESTANDING OFFICE BUILDING REAL ESTATE SERVICES 8170 N. 86TH PLACE SCOTTSDALE, AZ 85258
PROPERTY SUMMARY ASKING PRICE $2,221,170 PER SQ. FT. $224/SF BUILDING SIZE ±9,066 SF SITE AREA PROPERTY HIGHLIGHTS Short distance from Diamondbacks Spring Training Complex, Pavillions Shopping Center and McCormick Ranch Golf Club. Located within minutes from Loop 101 Freeway. Garden style tranquil environment. Effortless pull up parking throughout the property. Ability for a single user to take occupancy of the entire property. Existing income to offset holding cost. ±0.84 acres (±36,400 SF)
Miller Rd Dean Rd 44th St Priest Dr Val Vista Dr Greenfield Dr BUCKEYE EL MIRAGE Northern Ave Glendale Ave Camelback Rd McDowell Rd Bell Rd SUPRISE Waddell Rd Olive Ave Luke AFB Reems Rd Litchfield Rd SUN CITY WEST PEORIA El Mirage Rd SUN CITY LITCHFIELD PARK GLENDALE Camelback Rd 83rd Ave N. Lake Pleasant Pkwy W. Happy Valley Rd E Pinnacle Peak Rd W. Deer Valley Rd Thunderbird Rd Grand Ave 59th Ave McDowell Rd Bell Rd Olive Ave 43rd Ave E. Carefree Hwy. 7th Ave Central Ave 7th St Cave Creek Rd Lincoln Dr 24th St Cave Creek Rd W. Deer Valley Rd CAREFREE E. Pinnacle Peak Rd Greenway Rd Shea Blvd PARADISE VALLEY SCOTTSDALE Scottsdale Rd Indian Bend Rd McDonald Dr McDowell Rd N Pima Rd Hayden Rd W. Happy Valley Rd Bell Rd 8170 N. 86TH PLACE Dobson Rd FOUNTAIN HILLS Watson Rd Rainbow Valley Rd Broadway Rd Phoenix Goodyear Airport JackRabbit Rd Cotton Ln GOODYEAR Yuma Rd Lower Buckeye Rd Broadway Rd TOLLESON Buckeye Rd Phoenix Sky Harbor Intl Mill Ave TEMPE University Dr McDowell Rd MESA Broadway Rd Baseline Rd Baseline Rd AHWATUKEE Rural Rd CHANDLER Arizona Ave McQueen Rd Cooper Rd Guadalupe Rd Elliot Rd Warner Rd Ray Rd GILBERT Power Rd Chandler Blvd
PROPERTY SUMMARY This gorgeous two story garden style property provides an unparalleled location and offers opportunity to wide array of different sized users or investors looking to establish themselves within the thriving Scottsdale Market. BASIS.ED HEALTH BI MY COMPUTER WORKS KELLY NORTON REALTY AVANA MCCORMICK RANCH APARTMENTS SAN ANTIGUA IN MCCORMICK RANCH BUTTERS PANCAKES CAFE MAIL & PARCEL EXPRESS THE STUDIO DESIGN GROUP VILLAGE COFFEE ROASTERY GRASSROOTS KITCHEN & TAP GONGSTER ZEN BY DESIGN THE PREDICTIVE GROUP RANCH REALTY TEAM EAGLE LOGISTICS HONORHEALTH CORPORATE OFFICE PAPAGO PEDIATRICS ALLSTATE MC CORPORATE HOUSING AMERICAN FAMILY INSURANCE N. 85TH WAY TWISTED GROVE PARLOR ZIPPS SPORTS BAR TANDOORI TIMES INDIAN BISTRO ESENEM YOGA BOUJIS SALON & SPA AK STUDIO LAPELS DRY CLEANING THE MELTING POT GOT US FIT URBAN DESIGN ASSOCIATES CITI MORTGAGE JOHNSON CONSULTING N. 85TH WAY ADELMAN GERMAN EVC SCOTTSDALE
TALKING STICK GOLF CLUB TALKING STICK RESORT TOPGOLF SALT RIVER FIELDS AT TALKING STICK HOME DEPOT TARGET ROSS DRESS FOR LESS TOYS R US ROADHOUSE CINEMAS BUFFALO WILD WINGS FAMOUS FOOTWEAR CHIPOLTE DENNY S CONN S HOMEPLUS MICHAEL S HOBBY LOBBY ULTA STARBUCKS SWEET TOMATOES MOUNTAINSIDE FITNESS HOOTERS BATH & BODY WORKS OCTANE RACEWAY DISCOUNT TIRE UNITED STATES POSTAL SERVICE VILLA DE VALLARTA N. 85TH WAY LOCATION HIGHLIGHTS 70 Hotels and 9,300 Hotel Rooms More than 600 Restaurants 125 Scottsdale-area Golf Courses 9.1 million people visit Scottsdale annually Close proximity to over 170 retail amenities
PROPERTY OVERVIEW PROPERTY ADDRESS 8170 N. 86th Place 85258 YEAR BUILT 1997 APN 174-04-933 ZONING C-O, Scottsdale PARKING SPACES 11 uncovered, unreserved spaces 17 covered, reserved spaces
SITE PLAN
FLOOR PLAN AVAILABLE
SALES COMPS EXECUTIVE SUMMARY 8689 E. San Alberto 8715 E. Via De Commercio 8245 N 85th Way Building Type: Office Building Size: +/- 4,573 SF Currently in escrow: Price PSF: $220.00 (w/ no broker) Price PSF: $233.00 (w/ broker) Size: +/- 2,338 SF Currently in escrow: Price PSF: $231.00 Building Type: Office Building Size: +/- 5,479 SF Date Sold: March 2018 Price: $1,272,000 Price PSF: $232.16 *No brokers were involved in this transaction. The price reflects a 6% commission. 8683 E Via de Negocio 8151 E Indian Bend Rd, Unit 111 8550 E Shea Blvd Building Type: Office Building Size: +/- 8,444 SF Date Sold: January 2018 Price: $1,690,000 Price PSF: $200.14 Size: +/- 3,240 SF Date Sold: December 2017 Price: $700,000 Price PSF: $216.05 Size: +/- 6,477 SF Date Sold: October 2017 Price: $1,800,000 Price PSF: $277.91
SALES COMPS EXECUTIVE SUMMARY 8121 E Indian Bend Rd, Unit 128 5685 N Scottsdale 8404 E Shea Blvd, Unit 105 Size: +/- 3,094 SF Date Sold: June 2017 Price: $711,620 Price PSF: $230.00 Size: +/- 10,949 SF Date Sold: June 2017 Price: $2,550,000 Price PSF: $232.90 Size: +/- 2,070 SF Date Sold: June 2017 Price: $550,000 Price PSF: $265.70 8055 Via de Negocio Building Type: Office Building Size: +/- 2,341 SF Date Sold: April 2017 Price: $625,000 Price PSF: $266.98
WORLDWIDE FOR MORE INFORMATION CONTACT: GEOFF TURBOW Partner 480.294.6019 gturbow@levrose.com REAL ESTATE SERVICES DISCLAIMER Although the information furnished regarding property for sale, lease, or financing is from sources deemed reliable, no warranty or representation, express or implied, is made as to the accuracy of the information contained herein. It is submitted subject to errors, omissions, change of price, rental, or other conditions prior to sale, lease, or financing, or withdrawal without notice. If you have received this e-mail in error, please immediately notify me by reply e-mail and destroy the original transmission and its attachments without reading or saving in any manner. If anything in this email references terms of a transaction, please note that nothing is binding until a contract is fully signed by all of the required parties. Thank you.