7020 E Acoma - Office FOR SALE


Scottsdale, AZ 85254- North Scottsdale
$4,938,815 USD
480-205-1921
7020 E Acoma, Scottsdale, AZ for Sale
$4,938,815 USD
Office - FOR SALE
1/11
null | Request Cap Rate

7020 E Acoma
Scottsdale, AZ 85254
North Scottsdale


HIGHLIGHTS

  • HIGH-IMAGE OWNER/USER OFFICE BUILDING IN KIERLAND AREA OF NORTH SCOTTSDALE
  • ROBUST ECONOMIC HUB WITH EXCEPTIONALLY STRONG MARKET FUNDAMENTALS
  • THRIVING LOCATION WITH ABUNDANT NEARBY AMENITIES

OVERVIEW

HIGH-IMAGE OWNER/USER OFFICE BUILDING IN KIERLAND * Extremely rare opportunity to acquire a boutique ±13,531 SF office asset in the heart of the prestigious Kierland/Scottsdale Airpark corridor, one of the most supply constrained and institutionally desirable office locations in Arizona. * Highly flexible occupancy scenarios for an owner/user or investor that support full building occupancy, partial owner user structure, or multi tenant repositioning. The floor plates allow natural division and reconfiguration to match demand from professional and client facing users. * Modern, high image design with strong functional attributes, including stone, glass, and steel architecture, modern ceiling heights, efficient two story layout, abundant natural light, and ample parking. Existing improvements support immediate usability with light modernization opportunities. ROBUST ECONOMIC HUB WITH EXCEPTIONALLY STRONG MARKET FUNDAMENTALS * The Northeast Valley/Scottsdale office submarket — home to the Scottsdale Airpark — ended Q4 2025 with a 15.1% vacancy rate, the lowest in Metro Phoenix, reflecting exceptional stability and sustained user demand. * Leasing activity in the submarket remained strong, with 479,095 SF of gross activity in Q4 and 1,515,043 SF year to date, underscoring Scottsdale’s position as one of the metro’s most dynamic office environments. * Scottsdale is home to more than 25,000 businesses, with nearly 20% of Arizona’s corporate headquarters located in the city. The area attracts more than 9 million annual visitors, generating over $3.7 billion in yearly economic impact. THRIVING LOCATION WITH ABUNDANT NEARBY AMENITIES * Abundant nearby amenities, headlined by Scottsdale Quarter and Kierland Commons, two premier open air, mixed-use developments in the heart of Scottsdale Airpark. The adjacent properties alone boast over 1.2 million square feet of retail and office space along with over 650 luxury apartment units. * Excellent ingress/egress as the property sits within 4 minutes of the Loop 101 Freeway providing exceptional access to Greater Metro Phoenix.

FOR SALE DETAILS

PRICE

$4,938,815 USD

PRICE/SF

$365 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Owner User

BUILDING DETAILS

PROPERTY NAME

The Offices at Kierland - Bldg B

PROPERTY TYPE

Office

TOTAL BUILDING SIZE

-

STORIES

2

BUILDING CLASS

B

YEAR BUILT

2003

SPRINKLERS

-

PARKING SPACES

44

LAND DETAILS

LAND ACRES

2.39 AC

LAND SF

104,195 SF

ZONING

CP GCP, Scottsdale

APN/PARCEL ID

215-58-035

ASK ABOUT THIS PROPERTY

Geoff TurbowCBREMore Info
480-205-1921

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Geoff TurbowCBREMore Info
480-205-1921

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.