8889 E Bell Rd - Office/Residential CONDO FOR SALE


Scottsdale, AZ 85260- North Scottsdale
$2,800,000 USD
858-373-3184
8889 E Bell Rd, Scottsdale, AZ for Sale
$2,800,000 USD
Office/Residential CONDO - FOR SALE
1/8
null | 7.69% Cap Rate

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.
  • High Quality First Floor Condominium Interest. Salon Lofts has Over 280 Locations Across 15 States.
  • Strategically Positioned in one of Scottsdale’s most Affluent Commercial Corridors - benefits from High Visibility, Strong Foot Traffic, and more.
  • Located in a Densely Populated and High-Income Trade Area with Average Household Incomes Exceeding $114k within a 3-Mile Radius.
  • 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.

FOR SALE DETAILS

PRICE

$2,800,000 USD

PRICE/SF

$519 USD /SF

CAP RATE

7.69%

# OF UNITS

1

CONDO SIZE

-

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

SALON LOFTS SUITES & SPA | ABSOLUTE NET LEASE

PROPERTY TYPE

Office

PROPERTY SUBTYPE

Office/Residential

ADD'L SUBTYPES

Storefront, Storefront Retail/Office, Health Club

TOTAL BUILDING SIZE

12,656 SF

STORIES

2

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

ASK ABOUT THIS PROPERTY

Alvin MansourThe Mansour Group of Marcus & MillichapMore Info
858-373-3184

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Alvin MansourThe Mansour Group of Marcus & MillichapMore Info
858-373-3184

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