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8155 E Indian Bend Rd

1,562 SF Office Unit Offered at £492,364 in Scottsdale, AZ 85250

Investment Highlights

  • ±1,562 SF
  • Established and Esteemed Office Condo Development | At Entrance to McCormick Ranch
  • Abundance of Retail Amenities in the Immediate Area
  • Ideal Central Scottsdale Owner User With Income
  • Private In-Suite Restrooms
  • Highly Desirable Scottsdale Demographics

Executive Summary

Located in the heart of central Scottsdale the subject property is located at the footsteps of the highly desirable McCormick Ranch subdivision. The area surrounding the property offers an abundance of retail amenities. In addition to convenient access to Salt River Fields at Talking Stick down the street at Indian Bend Rd & Loop- 101, the subject property is also within close proximity to all of Scottsdale's major entertainment districts such as Kierland Commons, Scottsdale Quarter, Scottsdale Pavillions, Scottsdale Fashion Square Mall, and Old Town Scottsdale.

Data Room Click Here to Access

Property Facts

Price £492,364
Unit Size 1,562 SF
No. Units 1
Total Building Size 12,082 SF
Property Type Office (Unit)
Sale Type Investment NNN
Building Class B
Number of Floors 1
Typical Floor Size 1,565 SF
Year Built 2006
Lot Size 0.04 AC
Parking Ratio 1.16/1,000 SF

1 Unit Available

Unit 103

Unit Size 1,562 SF
Price £492,364
Price Per SF £315.21
Unit Use Office
Sale Type Investment
Net Initial Yield 5.98%
NOI £29,464.21
APN/Parcel ID 174-11-410, 174-11-412
Description

SVN Desert Commercial Advisors, as the sole representative of the Owner, is pleased to offer for sale suite #103 in the Indian Bend Corporate Center Office Condo Development located at 8155 E Indian Bend Rd. Unit #103 is currently leased out to a local State Farm Agent till May of 2026 on a NNN lease, generating $37,296 of Net Operating Income, totals ±1,562 SF and includes a large open reception area, private bathroom and storage closet, three private offices and a large breakroom with modern finishes throughout.
Located in the heart of central Scottsdale the subject property is located at the footsteps of the highly desirable McCormick Ranch subdivision. The area surrounding the property offers an abundance of retail amenities. In addition to convenient access to Salt River Fields at Talking Stick down the street at Indian Bend Rd & Loop- 101, the subject property is also within close proximity to all of Scottsdale's major entertainment districts such as Kierland Commons, Scottsdale Quarter, Scottsdale Pavillions, Scottsdale Fashion Square Mall and Old Town Scottsdale.

Sale Notes

Owner-User with Income Office Condo for Sale.
Suite 103 tenant in place till 2026 on NNN Lease
Suite 105 is available at COE
Established and well maintained Office property.
Close to numerous retail amenities.

Amenities

  • Kitchen
  • Reception
  • Air Conditioning

zoning

Zoning Code PCC, Scottsdale
PCC, Scottsdale
  • Listing ID: 29192379

  • Date on Market: 09/08/2023

  • Last Updated:

  • Address: 8155 E Indian Bend Rd, Scottsdale, AZ 85250

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