16679 N 90TH Street, Scottsdale, AZ 85260 (MLS# 6104895)

Description

PLEASE NOTE: THIS IS A USER/INVESTOR OPPORTUNITY ( 79% OCCUPIED) THERE ARE 2 BUILDINGS FOR SALE TOGETHER 16655 N 90 ST (±14,854 SF) & 16679 N. 90 TH ST (±18,120 SF FOR A TOTAL OF ±32,974 SF. Two high-end multi-tenant industrial buildings located side by side on two separate parcels located in the prestigious McDowell Mountain Business Park. The buildings offer easy access to the Loop 101 and are blocks away from the Scottsdale Airpark, West World, Tournament Player's Club Stadium and Champions Golf Course, Westin Kierland Resort & Spa, as well as top tier Scottsdale restaurants, retail and premier live/work accommodations all surrounded by the beautiful McDowell Mountains and desert wildlife.

Contract Info

Ownership: Fee Simple Current Price: $5,400,000 Sold Price: $5,400,000 Status: Closed List Date: 2020-07-17

Location, Tax & Legal

Assessor's Map #: 13 Legal Description (Abbrev): LOT B1 90TH STREET AND BAHIA BUSINESS PARK PARCEL B MCR 081427 Assessor's Parcel #: 789 Add'l Parcels: No Tax Municipality: Maricopa - COUNTY Census Tract: 216846 Taxes: 20052 Legal: LOT B1 90TH STREET AND BAHIA BUSINESS PARK PARCEL B MCR 081427 Map Code/Grid: L38 House Number: 16679 Compass: N Street Name: 90TH St Suffix: Street City/Town Code: Scottsdale State/Province: AZ Zip Code: 85260 Zip4: 2832 County Code: Maricopa Subdivision: 90TH STREET AND BAHIA BUSINESS PARK PARCEL B Assessor Number: 217-13-789 Tax Year: 2019

General Property Description

Ttl Apx SqFt Bldg: 32974 # of Buildings: 2 Uncvrd Parking Spcs: 77 Year Built: 2005 Zoning: PCD-I-1

Legal Info

Range: 5E Section: 6 Township: 3N Lot Number: B1

Construction

Other: 1

Roofing

Other: 1

Floors

Other: 1

Income & Expenses

Owner Association: No Annual Ownr Asoc Fee: 0 Other Income: 0 Vacancy Allowance: 0 Adjusted Gross Inc: 0

Building Type

Other (See Remarks): 1

Business Type

Other: 1

Stories

2 Stories: 1

Pmt & Rate Info

Cap Rate: 5.8 Equity: 5869500 Total Owed: 0

Showing Notification Methods

Text: 1 Email: 1 Phone Call: 1

Lockbox Type

None: 1

Ceiling Height

16.1 Feet to 28 Feet: 1

Heating

Other: 1 See Remarks: 1

Cooling

Other: 1 See Remarks: 1

Loading Facilities

Grade Level: 1

Exterior

Other (See Remarks): 1

Source of Fincl Data

Other (See Remarks): 1

Fencing

Other: 1

Water Source

Other: 1

Freeway/Highway

Other (See Remarks): 1

Sewer

Other: 1

Railroad

Other (See Remarks): 1

Parking Features

Other: 1

Electric

APS: 1

Gas

Other (See Remarks): 1

New Financing

Other (See Remarks): 1

Reports/Disclosures

Other (See Remarks): 1

Environmental

Other (See Remarks): 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

Geo Lat: 33.638524 Geo Lon: -111.886538

Status Change Info

Off Market Date: 2021-01-04 Under Contract Date: 2021-01-04 Close of Escrow Date: 2021-01-15 Sold Price: $5,400,000

Income Expenses

Net Operating Income: 340339

Property Features

Building Type: Other (See Remarks) Business Type: Other Stories: 2 Stories Construction: Other Roofing: Other Floors: Other Ceiling Height: 16.1 Feet to 28 Feet Heating: Other; See Remarks Cooling: Other; See Remarks Loading Facilities: Grade Level Exterior: Other (See Remarks) Fencing: Other Parking Features: Other Electric: APS Gas: Other (See Remarks) Water Source: Other Sewer: Other Railroad: Other (See Remarks) New Financing: Other (See Remarks) Showing Notification Methods: Text; Email; Phone Call Lockbox Type: None Source of Fincl Data: Other (See Remarks) Environmental: Other (See Remarks)