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Home > 15610 N SCOTTSDALE Road, Scottsdale, AZ 85254 (MLS# 6264086)

15610 N SCOTTSDALE Road, Scottsdale, AZ 85254

$11,000,000
Property Type: Comm/Industry Sale Square Footage: 16,049 Lot Size (sq. ft.): 41,250 Status: Closed
Current Price: $11,000,000 List Date: 7/14/2021 Last Modified: 2/16/2023

Description

Bassett Furniture Corporate NNN Lease with Rare Annual Increases. Currently in year 5 of 10 yr lease with two 5 year options. Limited Landlord Responsibilities. Beautiful building with all AC's replaced in 2017. This site is within 1 mile of multiple premium high end outdoor shopping centers including Scottsdale Quarter (400,000 SF), Kierland Commons (437,000SF) and the Promenade (569,000SF), further increasing consumer draw to the subject property and promoting crossover traffic to the site. Easy access to Scottsdale Airport, one of the top 25 FBO's in the nation.

More Information MLS# 6264086

Contract Info

Current Price: $11,000,000 Sold Price: $11,000,000 Status: Closed List Date: 2021-06-13 Ownership: Fee Simple

Location Tax Legal

Map Code/Grid: L37 House Number: 15610 Compass: N Street Name: SCOTTSDALE St Suffix: Road City/Town Code: Scottsdale State/Province: AZ Zip Code: 85254 Zip4: 2124 Country: USA County Code: Maricopa Subdivision: KIERLAND PARCEL 6A Assessor Number: 215-42-012 Tax Year: 2020

General Property Description

Ttl Apx SqFt Bldg: 16049 Ttl Apx Net Rnt Spc: 16049 # of Buildings: 1 Year Built: 1999 Uncvrd Parking Spcs: 34 Zoning: C2

Remarks Misc

Cross Street: SCOTTSDALE / FRANK LLOYD WRIGHT BLVD Directions: SOUTH ON SCOTTSDALE ROAD APPROX 1 MILE TO BUILDING ON RIGHT. Geo Lat: 33.628004 Geo Lon: -111.926306

Status Change Info

Status Change Date: 2021-12-17 Off Market Date: 2021-11-12 Under Contract Date: 2021-11-11 Close of Escrow Date: 2021-12-15 Sold Price: $11,000,000

Legal Info

Township: 3N Range: 4E Section: 3 Lot Number: 4B4

Bay Info

# of Bays: 1 # of Bay Doors: 1 Bay Door Height: 12

Income Expenses

Gross Annual Sch Inc: 571524 Net Operating Income: 571524

Sold Info

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

Property Features

Building Type: Commercial Current Use: Retail Stories: 1 Story Construction: Block Roofing: Built-Up Floors: Concrete; Wood; Ceramic Tile; Carpet Ceiling Height: 14.1 Feet to 16 Feet Cooling: Central A/C; Office A/C Loading Facilities: Grade Level Interior: Finished; Fire Sprinklers; Public Restrooms Exterior: Building Sign; Monument Sign Fencing: None Amenities: Showroom Parking: Public Parking; Private Parking; Paved Parking Electric: APS Gas: None Water: City Franchise Sewer: Sewer - Public New Financing: Cash Only Showing Notification Methods: Phone Call Lockbox Type: None Source of Fincl Data: Provided by Owner Existing 1st Loan: Treat as Free&Clear Existing 1st Ln Trms: Not Applicable Traffic Count: 35,001 to 50,000 Use Restrictions: Currently Leased Environmental: None
Listing Office: West USA Realty
Last Updated: February - 16 - 2023
15610 N SCOTTSDALE Road, Scottsdale, AZ 85254- MLS# 6264086
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