8155 E INDIAN BEND Road 206, Scottsdale, AZ 85250 (MLS# 6528718)

Description

100% LEASED INVESTMENT OPPORTUNITY | MULTI-TENANT OFFICE CONDOS (SUITES 107, 109 & 111) FOR SALE. - 6.50% CAP RATE - SINGLE STORY OFFICE BUILDING OVERLOOKING SILVERADO GOLF COURSE WITH CAMELBACK MOUNTAIN VIEWS. PRIME MCCORMICK RANCH LOCATION. HIGH-END BUILDOUTS WITH SUBSTANTIAL GLASS LINE AND OPEN SPACE. ALL LEASES ARE 5 to 7 YEARS AND INCLUDE 3% ANNUAL INCREASES - LANDLORD BILLS ON A MONTHLY BASIS FOR: TAXES, INSURANCE AND ASSOCIATION DUES. (SEE FLYER) TWO TENANTS: JPM MANAGEMENT GROUP LLC. & UNITED ENERGY PARTNERS.

Supplements: All information furnished is from sources deemed reliable. No representation is made as to the accuracy thereof and it is submitted subject to errors, omissions, changes, or withdrawal without notice and to any special listings conditions, including the rate and manner of payment of commissions for particular offerings imposed by principals oragreed to by the company, the terms of which are available to interested principals or brokers. All dimensions are approximate. Owner and/or Broker make no representations expressed or implied as to the accuracy of floor plan/site plan dimensions.

Contract Info

Ownership: Fee Simple Current Price: $4,595,923 Sold Price: $4,595,923 Status: Closed List Date: 2023-03-01

Location, Tax & Legal

Unit #: 206 Assessor's Map #: 11 Legal Description (Abbrev): LOT 206 INDIAN BEND CORPORATE CENTRE LLC MCR 078408 Assessor's Parcel #: 410 Add'l Parcels: No Tax Municipality: Scottsdale Census Tract: 216902 Taxes: 1459 Legal: LOT 206 INDIAN BEND CORPORATE CENTRE LLC MCR 078408 Map Code/Grid: N37 House Number: 8155 Compass: E Street Name: INDIAN BEND St Suffix: Road City/Town Code: Scottsdale State/Province: AZ Zip Code: 85250 Zip4: 4827 County Code: Maricopa Subdivision: INDIAN BEND CORPORATE CENTRE LLC Assessor Number: 174-11-410 Tax Year: 2022

General Property Description

Ttl Apx SqFt Bldg: 12085 # of Buildings: 1 Uncvrd Parking Spcs: 10 Year Built: 2005 Zoning: PCC SCOTTSDALE

Legal Info

Range: 4E Section: 12 Township: 2N Lot Number: 206

Construction

Other: 1

Roofing

Other: 1

Floors

Other: 1

Income & Expenses

Owner Association: Yes Annual Ownr Asoc Fee: 0 Other Income: 0 Vacancy Allowance: 0 Adjusted Gross Inc: 0

Building Type

Commercial: 1 Office: 1

Business Type

Other: 1

Stories

Other (See Remarks): 1

Pmt & Rate Info

Equity: 4843396 Total Owed: 0

Showing Notification Methods

Text: 1 Email: 1 Phone Call: 1

Ceiling Height

12.1 Feet to 14 Feet: 1

Heating

Other: 1

Cooling

Other: 1

Loading Facilities

Other (See Remarks): 1

Exterior

Other (See Remarks): 1

Source of Fincl Data

Other (See Remarks): 1

Traffic Count

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

Other (See Remarks): 1

Gas

Other (See Remarks): 1

New Financing

Other (See Remarks): 1

Use Restrictions

Other (See Remarks): 1

Reports/Disclosures

Other (See Remarks): 1

Environmental

Other (See Remarks): 1

Existing Othr Ln Trm

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: 33.536814 Geo Lon: -111.905278

Status Change Info

Off Market Date: 2023-04-20 Under Contract Date: 2023-04-19 Close of Escrow Date: 2023-06-16 Sold Price: $4,595,923

Property Features

Building Type: Commercial; Office Business Type: Other Stories: Other (See Remarks) Construction: Other Roofing: Other Floors: Other Ceiling Height: 12.1 Feet to 14 Feet Heating: Other Cooling: Other Loading Facilities: Other (See Remarks) Exterior: Other (See Remarks) Fencing: Other Parking Features: Other Electric: Other (See Remarks) 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 Source of Fincl Data: Other (See Remarks) Existing Othr Ln Trm: Other (See Remarks) Traffic Count: Other (See Remarks) Use Restrictions: Other (See Remarks) Environmental: Other (See Remarks)