$11,000,000
$11,000,000
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0.95 Acres Lot
SOLD DATE : 12/15/2021
Key Details
Sold Price $11,000,000
Property Type Commercial
Listing Status Sold
Purchase Type For Sale
Subdivision Kierland Parcel 6A
MLS Listing ID 6264086
Sold Date 12/15/21
Originating Board Arizona Regional Multiple Listing Service (ARMLS)
Year Built 1999
Annual Tax Amount $38,537
Tax Year 2020
Lot Size 0.947 Acres
Acres 0.95
Property Description
Bassett Furniture Corporate NNN Lease with Rare Annual Increases. Currently in year 5 of 10 yr lease with two 5 year options. Limited Landlord Responsibilities. Beautiful building with all AC's replaced in 2017. This site is within 1 mile of multiple premium high end outdoor shopping centers including Scottsdale Quarter (400,000 SF), Kierland Commons (437,000SF) and the Promenade (569,000SF), further increasing consumer draw to the subject property and promoting crossover traffic to the site. Easy access to Scottsdale Airport, one of the top 25 FBO's in the nation.
Location
State AZ
County Maricopa
Community Kierland Parcel 6A
Zoning C2
Direction SOUTH ON SCOTTSDALE ROAD APPROX 1 MILE TO BUILDING ON RIGHT.
Interior
Heating Electric
Cooling Office A/C, Central A/C
Flooring Wood, Concrete
Exterior
Garage Paved Parking, Public Parking, Private Parking
Fence None
Waterfront No
Roof Type Built-Up
Present Use Retail
Parking Type Paved Parking, Public Parking, Private Parking
Total Parking Spaces 38
Building
Sewer Public Sewer
Water City Franchise
Others
Senior Community No
Tax ID 215-42-012
Financing Other
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