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

Contract Info

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

Location, Tax & Legal

Assessor's Map #: 42 Legal Description (Abbrev): LOT 4B4 KIERLAND PARCEL 6A MCR 044339 Assessor's Parcel #: 12 Add'l Parcels: No Tax Municipality: Phoenix Census Tract: 103219 Taxes: 38537 Legal: LOT 4B4 KIERLAND PARCEL 6A MCR 044339 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 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 Uncvrd Parking Spcs: 34 Year Built: 1999 Zoning: C2

Legal Info

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

Construction

Block: 1

Roofing

Built-Up: 1

Floors

Concrete: 1 Wood: 1 Ceramic Tile: 1 Carpet: 1

Bay Info

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

Income & Expenses

Owner Association: Yes Annual Ownr Asoc Fee: 400 Operating Exp: 38937 Other Income: 3500 Vacancy Allowance: 0 Adjusted Gross Inc: 575024

Building Type

Commercial: 1

Business Type

Retail: 1

Stories

1 Story: 1

Pmt & Rate Info

Cap Rate: 5.2 Equity: 11000000 Total Owed: 0

Showing Notification Methods

Phone Call: 1

Lockbox Type

None: 1

Ceiling Height

14.1 Feet to 16 Feet: 1

Heating

Electric: 1

Cooling

Central Air: 1 Office A/C: 1

Loading Facilities

Grade Level: 1

Exterior

Building Sign: 1 Monument Sign: 1

Source of Fincl Data

Owner: 1

Traffic Count

35,001 to 50,000: 1

Fencing

None: 1

Water Source

City Franchise: 1

Freeway/Highway

2.1 - 5 Miles: 1

Sewer

Sewer - Public: 1

Parking Features

Parking Lot: 1 Private: 1 Paved: 1

Electric

APS: 1

Gas

None: 1

New Financing

Cash Only: 1

Existing 1st Loan

Treat as Free&Clear: 1

Use Restrictions

Currently Leased: 1

Reports/Disclosures

None: 1

Environmental

None: 1

Sold Info

Loan Type: Other Payment Type: Other Clsing Cost Split: Normal - N Buyer Concession to Seller: 0 Buyer Concession $/%: $ Seller Concession to Buyer: 0 Seller Concession $/%: $

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

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

Income Expenses

Gross Annual Sch Inc: 571524 Net Operating Income: 571524

Property Features

Building Type: Commercial Business Type: 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 Air; Office A/C Loading Facilities: Grade Level Exterior: Building Sign; Monument Sign Fencing: None Parking Features: Parking Lot; Private; Paved Electric: APS Gas: None Water Source: City Franchise Sewer: Sewer - Public New Financing: Cash Only Showing Notification Methods: Phone Call Lockbox Type: None Source of Fincl Data: Owner Existing 1st Loan: Treat as Free&Clear Traffic Count: 35,001 to 50,000 Use Restrictions: Currently Leased Environmental: None