for sale freestanding office building€¦ · corporate office: papago pediatrics allstate: mc...
TRANSCRIPT
WORLDWIDEREAL ESTATE SERVICES
FOR SALE
FREESTANDING OFFICE BUILDING8170 N. 86TH PLACE | SCOTTSDALE, AZ 85258
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.
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 infor-
mation 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.
PROPERTY SUMMARY
BUILDING SIZE±9,066 SF
SITE AREA±0.84 acres (±36,400 SF)
ASKING PRICE$2,221,170
PER SQ. FT.
$224/SF
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 infor-
mation 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.
Wat
son
Rd
GOODYEAR
Baseline Rd
Broadway Rd
Mill
er R
d
Rain
bow
Val
ley
Rd
Dea
n Rd
PhoenixGoodyearAirport
Jack
Rabb
it Rd
Yuma Rd
BUCKEYE
Cott
on L
n
TOLLESON Buckeye Rd
AHWATUKEEBaseline Rd
Phoenix Sky Harbor Intl
Camelback Rd
McDowell Rd
Olive Ave
PARADISEVALLEY
GLENDALE
PEORIA
LITCHFIELDPARK
CHANDLER
MESA
TEMPE
GILBERT
FOUNTAINHILLS
SUPRISESUNCITY
SUNCITYWEST
EL MIRAGE
SCOTTSDALE
Elliot Rd
Warner Rd
Ray Rd
Chandler Blvd
Broadway Rd
Lower Buckeye Rd
Guadalupe Rd
Pow
er R
d
Rura
l Rd
Ariz
ona
Ave
McQ
ueen
Rd
Coop
er R
d
Mill
AvePrie
st D
r
University DrBroadway Rd
McDowell Rd
Val V
ista
Dr
Gre
en�e
ld D
r
McDowell Rd
McDonald Dr
Indian Bend RdLincoln Dr
24th
St
44th
St
Hay
den
Rd
Scot
tsda
le R
dShea Blvd
7th
StCe
ntra
l Ave
Dob
son
Rd
7th
Ave
Bell Rd
Greenway Rd
Cave
Cre
ek R
d
Bell Rd
Thunderbird Rd
GrandAve
43rd
Ave
83rd
Ave
59th
Ave
Waddell Rd
Olive Ave
Bell Rd
Camelback Rd
Glendale Ave
Northern Ave
Reem
s Rd
Litc
h�el
d Rd
LukeAFB
El M
irage
Rd
W. Happy Valley RdW. Happy Valley Rd
W. Deer Valley RdW. Deer Valley Rd
E. Carefree Hwy.
Cave
Cre
ek R
d
E. Pinnacle Peak RdE Pinnacle Peak Rd
N P
ima
Rd
CAREFREE
N. L
ake
Plea
sant
Pkw
y
McDowell Rd
8170 N. 86TH PLACE
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.
HONORHEALTH CORPORATE OFFICE
PAPAGO PEDIATRICSALLSTATE
MC CORPORATE HOUSINGAMERICAN FAMILY INSURANCE
RANCH REALTYTEAM EAGLE LOGISTICS
CITI MORTGAGEJOHNSON CONSULTING
ADELMAN GERMANEVC SCOTTSDALE
URBAN DESIGN ASSOCIATES
THE PREDICTIVEGROUP
BASIS.EDHEALTH BI
MY COMPUTER WORKSKELLY NORTON REALTY
AVANA MCCORMICKRANCH APARTMENTS
SAN ANTIGUA IN MCCORMICK RANCH
BUTTERS PANCAKES CAFEMAIL & PARCEL EXPRESS
THE STUDIO DESIGN GROUPVILLAGE COFFEE ROASTERYGRASSROOTS KITCHEN & TAP
GONGSTERZEN BY DESIGN
TWISTED GROVE PARLOR ZIPPS SPORTS BAR
TANDOORI TIMES INDIAN BISTROESENEM YOGA
BOUJIS SALON & SPAAK STUDIO
LAPELS DRY CLEANINGTHE MELTING POT
GOT US FIT
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 infor-
mation 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.
N. 85TH WAY
N. 85TH WAY
70 Hotels and 9,300 Hotel Rooms
N. 85TH WAY
TALKING STICK RESORTTALKING STICK
GOLF CLUBSALT RIVER FIELDS AT TALKING STICK
TOPGOLF
HOME DEPOTTARGET
ROSS DRESS FOR LESSTOYS R US
ROADHOUSE CINEMASBUFFALO WILD WINGSFAMOUS FOOTWEAR
CHIPOLTEDENNY’S
CONN’S HOMEPLUS
MICHAEL’S HOBBY LOBBY
ULTASTARBUCKS
SWEET TOMATOESMOUNTAINSIDE FITNESS
HOOTERSBATH & BODY WORKS
OCTANE RACEWAYDISCOUNT TIRE
UNITED STATESPOSTAL SERVICE
VILLA DE VALLARTA
70 Hotels and 9,300 Hotel Rooms
125 Scottsdale-area Golf Courses
LOCATION HIGHLIGHTS
More than 600 Restaurants 9.1 million people visit Scottsdale annually
Close proximity to over 170 retail amenities
N. 8
5T
H W
AY
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 infor-
mation 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.
PROPERTY OVERVIEW PROPERTY
ADDRESS8170 N. 86th Place Scottsdale, AZ 85258
YEAR BUILT 1997
APN 174-04-933
ZONING C-O, Scottsdale
PARKING SPACES 11 uncovered, unreserved spaces17 covered, reserved spaces
PROPERTY ADDRESS
8170 N. 86th Place Scottsdale, AZ 85258
YEAR BUILT 1997
APN 174-04-933
ZONING C-O, Scottsdale
PARKING SPACES 11 uncovered, unreserved spaces17 covered, reserved spaces
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 infor-
mation 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.
SITE PLAN
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 infor-
mation 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.
FLOOR PLAN
AVAILABLE
EXECUTIVE SUMMARY
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 infor-
mation 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.
SALES COMPS
Building Type: Office Building
Size: +/- 5,479 SF
Date Sold: March 2018
Price: $1,272,000Price PSF: $232.16
*No brokers were involved in this transaction. The price reflects a 6% commission.
8245 N 85th WayScottsdale, AZ
8683 E Via de NegocioScottsdale, AZ
8151 E Indian Bend Rd, Unit 111Scottsdale, AZ
Building Type: Office Building
Size: +/- 8,444 SF
Date Sold: January 2018
Price: $1,690,000Price PSF: $200.14
Building Type: Office Condominium
Size: +/- 3,240 SF
Date Sold: December 2017
Price: $700,000Price PSF: $216.05
Building Type: Office Condominium
Size: +/- 6,477 SF
Date Sold: October 2017
Price: $1,800,000Price PSF: $277.91
8550 E Shea BlvdScottsdale, AZ
8689 E. San AlbertoScottsdale, AZ
Building Type: Office BuildingSize: +/- 4,573 SFCurrently in escrow: Price PSF: $220.00 (w/ no broker)Price PSF: $233.00 (w/ broker)
Building Type: Office Condominium
Size: +/- 2,338 SF
Currently in escrow:Price PSF: $231.00
8715 E. Via De Commercio Scottsdale, AZ
EXECUTIVE SUMMARY
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 infor-
mation 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.
SALES COMPS
Building Type: Office Condominium
Size: +/- 2,070 SF
Date Sold: June 2017Price: $550,000Price PSF: $265.70
8404 E Shea Blvd, Unit 105Scottsdale, AZ
8055 Via de NegocioScottsdale, AZ
Building Type: Office Building
Size: +/- 2,341 SF
Date Sold: April 2017
Price: $625,000Price PSF: $266.98
8121 E Indian Bend Rd, Unit 128Scottsdale, AZ
5685 N ScottsdaleScottsdale, AZ
Building Type: Office Condominium
Size: +/- 3,094 SF
Date Sold: June 2017
Price: $711,620Price PSF: $230.00
Building Type: Office Condominium
Size: +/- 10,949 SF
Date Sold: June 2017
Price: $2,550,000Price PSF: $232.90
Building Type: Office Condominium
Size: +/- 2,070 SF
Date Sold: June 2017Price: $550,000Price PSF: $265.70
WORLDWIDEREAL ESTATE SERVICES
DISCLAIMERAlthough 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.
FOR MORE INFORMATION CONTACT:
GEOFF TURBOWPartner