• Two-story, multi-tenant office building totaling ±55,015 SF.
• 100% leased to a diversified tenant mix with an ideal average suite size of ±2,300 SF.
• Exceptional occupancy history—the building has maintained an ±89% average 10-year occupancy, an impressive feat considering HonorHealth vacated five suites in 2020 and 2021 for a total of ±25% of the building.
• Exceptional infill location in central Scottsdale—one of metro Phoenix’s highest performing office submarkets in recent years.
• The vacancy rate for class B buildings in McCormick Ranch of similar vintage and size as Hayden Corporate Center is just ±5.9% and the buildings that compete directly with Hayden Corporate Center hold vacancy rate of a mere ±3.8%.
• Office buildings in metro Phoenix that cater to small tenants (±50,000 SF buildings or smaller) are enjoying robust demand and a low vacancy rate of just ±7.6%— vacancy has not reached double digits since 2017.
• High-quality masonry construction with an attractive two-story lobby and feature staircase, on-site fitness center and ±4.74/1000 parking.
• Across the street from a large concentration of restaurants and shops in Mercado Del Lago.
• Nestled within the densely populated, upscale Gainey Ranch, McCormick Ranch, and Scottsdale Ranch neighborhoods, in which home prices range from $1,000,000 to $5,000,000.
• The Talking Stick Entertainment District, an amenity mecca which includes the 1.3 million SF Pavilions at Talking Stick, Talking Stick Resort and Casino & Talking Stick Golf Club, Arizona Boardwalk, and Salt River Fields is within three miles of the property.
• Convenient ±1.5-mile access to the Loop 101, which serves as a gateway to the Valley’s entire freeway system and a population of 2.3 million people.