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14988 N 78TH Way, Scottsdale, AZ 85260

$9,600,000
Property Type: Comm/Industry Sale Square Footage: 98,930 Lot Size (sq. ft.): 222,000 Status: Closed
Current Price: $9,600,000 List Date: 2/03/2012 Last Modified: 8/06/2021

Description

Office complex with 2 buildings; 2 floors within the office complex areas and hangar space! 40% Office 60% Airplane Hangar. Hanger is 90% leased and office is 100% leased. Hangar space is available for any type of aircraft permitted to land in Scottsdale Airpark. Parking: 3.4:1,000 SF. Highly educated labor pool. Call for Offering Memorandum. LOCATED ON THE RUNWAY AT THE SCOTTSDALE AIRPARK. Numerous retail, restaurant and service amenities nearby. One mile to Loop 101 (Pima Freeway). Close to Kierland, Scottsdale Towne Center and Sonora Village. (REF GPE3480)

More Information MLS# 4711362

Contract Info

Current Price: $9,600,000 Sold Price: $9,600,000 Status: Closed List Date: 2012-02-03 Ownership: Fee Simple

Location Tax Legal

Map Code/Grid: L37 House Number: 14988 Compass: N Street Name: 78TH St Suffix: Way City/Town Code: Scottsdale State/Province: AZ Zip Code: 85260 Country: USA County Code: Maricopa Subdivision: Scottsdale Industrial Airpark Assessor Number: 215-55-037 Tax Year: 2011

General Property Description

Type of Property: Office/Hangar Ttl Apx SqFt Bldg: 98930 Ttl Apx Net Rnt Spc: 98930 # of Buildings: 2 Year Built: 1996 Uncvrd Parking Spcs: 258 Zoning: I-1

Remarks Misc

Cross Street: N. 78th Way & E. Raintree Drive Directions: Loop 101 (Pima Freeway) to E. Raintree Drive west. North on N. Hayden Road. West on E. Pine Valley Road to N. 78th Way. Geo Lat: 33.62182 Geo Lon: -111.909019

Status Change Info

Status Change Date: 2012-12-13 Off Market Date: 2012-12-13 Under Contract Date: 2012-06-01 Close of Escrow Date: 2012-12-12 Sold Price: $9,600,000

Legal Info

Lot Number: 1

Sold Info

Loan Type: Cash Payment Type: Other Clsing Cost Split: Normal - N Buyer Concession to Seller: 2.5 Buyer Concession $/%: % Seller Concession to Buyer: 2.5 Seller Concession $/%: %

Property Features

Building Type: Commercial; Office; Other (See Remarks) Current Use: Office; Other; See Remarks Stories: 2 Stories Construction: Block; Tilt-Up; Metal Roofing: Other (See Remarks) Floors: Other Ceiling Height: 8.1 Feet to 10 Feet; 16.1 Feet to 28 Feet Cooling: Central A/C; Other; See Remarks Loading Facilities: Drive-in Door(s) Interior: Finished Exterior: Landscaping Fencing: Partial Amenities: Other (See Remarks) Parking: Free; Private Parking; Paved Parking Electric: APS Gas: Other (See Remarks) Water: City Franchise Sewer: Sewer - Public New Financing: Cash Only; Cash to Loan Source of Fincl Data: Provided by Owner Existing 1st Loan: Treat as Free&Clear Existing 1st Ln Type: Not Applicable Existing 1st Ln Trms: Not Applicable Existing 2nd Loan: Treat as Free&Clear Existing 2nd Ln Type: Not Applicable Existing 2nd Ln Trms: Not Applicable Existing 3rd Loan: Treat as Free&Clear Existing 3rd Ln Type: Not Applicable Existing 3rd Ln Trms: Not Applicable Existing Othr Ln Trm: Not Applicable Environmental: Other (See Remarks)
Listing Office: Avison Young
Last Updated: August - 06 - 2021
14988 N 78TH Way, Scottsdale, AZ 85260- MLS# 4711362
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