For Sale
$6,300,000

10245 Vía LindaScottsdale, AZ 85258

Prime Scottsdale Office, 100% Occupied

Overview

Added:
Dec 11, 2024
Days on market:
116
This exceptional Scottsdale office building presents a compelling investment opportunity. The 21,278 square foot, two-story building boasts a striking Spanish Colonial design, featuring stucco walls, clay tile roofing, and attractive landscaping with mature trees and flowering plants. Built in 1987, this Class B property is situated on a 1.78-acre lot in the desirable Scottsdale Ranch submarket, zoned C-2. Currently 100% occupied with a multi-tenant lease structure, it generates a substantial net operating income (NOI) of $315,000, representing a 5.00% cap rate. The asking price is $6,300,000, or $296.08 per square foot. The building includes a hydraulic passenger elevator, exterior stairs, and a remotely monitored fire sprinkler system. Architectural details include hand-painted ceramic tile, French doors, multi-paned windows, exposed wood beams, and a courtyard fountain. Many suites offer private patios or balconies, and ample parking is provided (4.61 spaces per 1,000 sq ft). The property's design is well-suited for small businesses in financial and service industries. This is a stabilized investment with a strong NOI and excellent potential for future growth in a highly sought-after location. The property's APN is 217-35-987C.

Highlights

  • $6,300,000 asking price for a stabilized office investment.
  • 21,278 square foot, Class B, multi-tenant office building in Scottsdale, AZ.
  • 100% occupancy with a $315,000 NOI and a 5.00% cap rate.
  • Gross lease type, 1.78-acre lot, 4.61 parking spaces per 1,000 sq ft.
  • Built in 1987, two stories, C-2 zoning, APN 217-35-987C.

Property Details for 10245 Vía Linda

Property type
Office properties
Square Feet
21,278 SF
Class
B
Year Built
1987
Buildings
1
Stories
2
Lot Size (sq. ft)
77,537 SF

Location Insight

City
Scottsdale
County
Maricopa
State
Arizona
Latitude
33.57440796
Longitude
-111.86053891
10245 Vía Linda, Scottsdale, Arizona

FAQs

How do I add a non-forward facing team member such as a broker coordinator or broker aide to a listing in order to ensure they get notifications on the property?
Please email our support team at [email protected] and they will add the team member.
How do I access a private listing?
Please contact the broker directly with the information provided on the listing. Once the broker approves your credentials he will make the information public to you.
How can I contact the broker?
We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.
How do I unsubscribe from emails?
At the footer of each email you will find links to Reduce Email Frequency, Adjust Email Settings or Unsubscribe altogether. If you choose to Unsubscribe and are still receiving emails please reach out to us at [email protected].
10245 Vía Linda
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your first name
Please enter your last name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Select size
Please enter message