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11111 N Scottsdale Road - Sonoran Office Plaza - Sonoran Office Plaza, Scottsdale, AZ

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DetailMap
11111 N Scottsdale Road - Sonoran Office Plaza - Sonoran Office Plaza

Scottsdale, AZ 85254-6701 - Central Scottsdale Submarket

(1.3 MB)

Property Type:Office Sub Type:Medical Status:Existing Year Built:2004
Stories:2 Typical Floor:19,445 SF Building Size:38,891 SF
% Leased:
For Sale Price:Condo (see detail) Price/SF:For Sale
Cap Rate:-
Smallest Space:3,684 SF Largest Space:3,684 SF Total Space Avail:3,684 SF Rent/SF/Yr:
$18.00
Condos:This property has 1 condo for sale. The size of the for sale condo is 3,684 SF. Parking:Free Surface spaces are available; Free Covered spaces are available; Ratio of 5/1,000 SF


Space Available:
Floor
SF Avail
Rent
Occupancy
Lease Term
Space Use
 1st
3,684 SF
Sale or Lease
Vacant
5-10 yrs
Office/Medical
 
10616808
Space Notes Space Notes  


Floor
SF Avail
Rent/SF/Yr
Occupancy
Lease Term
Space Use
1st
3,684 SF
$18.00/SF/Yr
Vacant
5-10 yrs
Office/Medical
Condos For Sale:
Floor
Suite
Unit SF
Price
Space Use
  1st
120
3,684 SF
Sale or Lease
Office
 
2926176
Marketing Flyer Marketing Flyer  


Floor
Suite
Unit SF
Price
Space Use
1st
120
3,684 SF
Sale or Lease
Office
The Sonoran Office Plaza offers one of few options in the Shea/Scottsdale
area of condo units to medical and general office users. The suites are
available for $195/SF in shell condition. It is surrounded by numerous
restaurants and is located near several golf courses. It is approximately 2 miles south of Scottsdale Airpark and within close proximity to Loop 101
and SR 51.


Sale Notes:
Located in the heart of North Scottsdale in the Sonoran Office Plaza, this is a stunning, newly built-out office condo with an existing 5 year lease (with options). Ideal for any investor looking for an excellent return, generating a 7.20% cap rate until March 31st, 2021.

Tenant has extremely strong financials, and is a nationwide company that focuses on software development and services for both large banks and merchants.
- Scottsdale Road and Shea Boulevard, just west of Highway 101, and walking distance to restaurants and shops

- One of Scottsdale' s busiest intersections with 189,000 employees and nearly 15,000 businesses within a 5-mile radius

- Just 3-miles south of Scottsdale Quarter and Kierland Commons, prestigious lifestyle centers including upscale retailers such as: Apple, iPic Theaters, Restoration Hardware, Z Gallery, H&M, Pottery Barn, West Elm, True Food Kitchen, Maestro' s Steakhouse, Dominick's Steakhouse and many more.


Commercial Properties, Inc.
Eric Butler
(602) 809-6570


Commercial Properties, Inc.
Eric Butler
(602) 809-6570


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