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Home > 7373 E SCOTTSDALE Mall, Scottsdale, AZ 85251 (MLS# 4525063)

7373 E SCOTTSDALE Mall, Scottsdale, AZ 85251

$1,200
Property Type: Comm/Industry Sale Square Footage: 23,210 Lot Size (sq. ft.): 19,988 Status: Closed
Current Price: $1,200 List Date: 1/21/2011 Last Modified: 5/23/2020

Description

Mixed use building in a popular downtown Scottsdale location, adjacent to the Scottsdale Center for the Performing Arts. 100% occupied with 89% of the leased space to tenants for over 10 years. 84% of leased space has more than 3 years left on the leases. Owner completed over $570,000 in improvements in the last couple years. Free parking in adjacent city parking garage and city parking lot.

More Information MLS# 4525063

Contract Info

Current Price: $1,200 Sold Price: $1,200 Status: Closed List Date: 2011-01-21 Ownership: Fee Simple

Location Tax Legal

Map Code/Grid: P37 House Number: 7373 Compass: E Street Name: SCOTTSDALE St Suffix: Mall City/Town Code: Scottsdale State/Province: AZ Zip Code: 85251 Zip4: 4425 Country: USA County Code: Maricopa Subdivision: Scottsdale Mall Assessor Number: 130-23-211-A Tax Year: 2010

General Property Description

Type of Property: Mixed Use Commercial Ttl Apx SqFt Bldg: 23210 Ttl Apx Net Rnt Spc: 21512 # of Buildings: 1 Year Built: 1976 Zoning: C-2

Remarks Misc

Cross Street: Scottsdale Road and 2nd Street Directions: East on 2nd Street from Scottsdale Road, left (North) on Wells Fargo Ave. to parking garage. Geo Lat: 33.492176 Geo Lon: -111.923013

Status Change Info

Status Change Date: 2011-10-23 Off Market Date: 2011-10-23 Under Contract Date: 2011-10-21 Close of Escrow Date: 2011-10-21 Sold Price: $1,200

Legal Info

Township: 2N Range: 4E Section: 26 Lot Number: F

Income Expenses

Gross Annual Sch Inc: 496891 Net Operating Income: 262682

Contact Info

List Agent Home Phn: 480-899-6207

Sold Info

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

Property Features

Building Type: Commercial; Office Current Use: Mixed Use; Restaurant; Office; Retail; Bar Stories: 2 Stories Construction: Stucco Roofing: Other (See Remarks) Floors: Concrete Ceiling Height: 8.1 Feet to 10 Feet; 10.1 Feet to 12 Feet Heating: Natural Gas Cooling: Central A/C; Chiller System Loading Facilities: Grade Level Interior: Finished; Security Light(s); Private Restrooms Exterior: Landscaping; Building Sign; Monument Sign Fencing: Other; See Remarks Amenities: Public Elevator(s) Parking: Free; Public Parking Electric: Individual Meter Gas: Other (See Remarks) Water: Other; See Remarks Sewer: Sewer - Public Railroad: Other (See Remarks) New Financing: Owner May Carry; 1031 Exchange Source of Fincl Data: Provided by Accntnt; Projected Proforma Existing 1st Loan: Private Existing 1st Ln Type: Fixed Existing 1st Ln Trms: Assume-Qualify Existing 2nd Loan: Other (See Remarks) Existing 2nd Ln Type: Not Applicable Existing 2nd Ln Trms: Not Applicable Existing 3rd Loan: Other (See Remarks) Existing 3rd Ln Type: Not Applicable Existing 3rd Ln Trms: Not Applicable Existing Othr Ln Trm: Not Applicable Traffic Count: Other (See Remarks) Environmental: None
Listing Office: Touchstone Realty, LLC
Last Updated: May - 23 - 2020
7373 E SCOTTSDALE Mall, Scottsdale, AZ 85251- MLS# 4525063
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