$2,800,000 USD
858-373-3184
8889 E Bell Rd
Scottsdale, AZ 85260
North Scottsdale
HIGHLIGHTS
- Long Term Corporate Backed Absolute Net Lease Featuring 10% Rental Increases Every 5 Years throughout the Initial Term and Options.
- Strategically Positioned in one of Scottsdale’s most Affluent Commercial Corridors - benefits from High Visibility, Strong Foot Traffic.
- Located in a Densely Populated and High-Income Trade Area with Average Household Incomes Exceeding $114k within a 3-Mile Radius.
- Surrounded by Luxury Residential Communities such as DC Ranch, McDowell Mountain Ranch, and Grayhawk, where Average Home Values Exceed $1 Million.
- Directly Across from TPC Scottsdale - World-Renowned Host of the Waste Management Phoenix Open, the most Attended Golf Tournament on the PGA Tour.
- Immediate Access to Loop 101 Freeway Provides Exceptional Regional Connectivity, drawing Clientele from North Scottsdale, Paradise Valley, and more.
OVERVIEW
Salon Lofts Suites & Spa | Long Term Absolute Net Lease | Affluent Scottsdale Corridor | High- Income Dense Trade Area | Luxury Residential Demand | Scottsdale Airpark Proximity | Close to Airport | Near Luxury Retail Centers | Loop 101 Freeway Access | Rapid Area Growth | Across from TPC - Home of the Waste Management Open
Arizona Broker of Record: Ryan Sarbinoff | 2398 East Camelback Rd, Ste. 300 Phoenix, AZ 85016 | P: 602-687-6700 | Lic #: BR675146000 | Ryan.Sarbinoff@MarcusMillichap.com
FOR SALE DETAILS
PRICE
$2,800,000 USD
PRICE/SF
$221 USD /SF
CAP RATE
7.69%
% LEASED
-
TENANCY
Single
SALE TYPE
Investment
BUILDING DETAILS
PROPERTY NAME
SALON LOFTS SUITES & SPA | ABSOLUTE NET
PROPERTY TYPE
Office
PROPERTY SUBTYPE
Medical
ADD'L SUBTYPES
Storefront, Storefront Retail/Office, Health Club
TOTAL BUILDING SIZE
-
STORIES
1
BUILDING CLASS
A
YEAR BUILT
2006
SPRINKLERS
-
PARKING SPACES
24
LAND DETAILS
LAND ACRES
0.12 AC
LAND SF
5,400 SF
ZONING
C-3, Scottsdale
APN/PARCEL ID
217-13-466
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858-373-3184
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858-373-3184
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