7150 Camelback RdScottsdale, AZ 85251

Property Details for 7150 Camelback Rd

Year built

1987

Construction

STEEL FRAME

Lot size

2.14 AC

Property size (Sq ft)

129,827 SF

Zone code

D/DRU-2

Property type

Office buildings

APN

173-37-011

APU

17337011

Description

This exceptional Class A office building in Scottsdale, Arizona, offers a diverse range of workspace solutions. Located at 7150 East Camelback Suite 444, 85251, in Maricopa County, this 11,187 square foot property boasts 350 suites and underwent renovations in 2019. The building features elevators and offers flexible options for businesses of all sizes. Spaces range from a minimum of 10 square feet to a maximum contiguous space of 1,300 square feet, with 5,970 square feet currently vacant. Tenancy is multiple, catering to diverse needs. Available options include private, fully furnished executive offices, customizable to suit individual requirements, ranging from single-person setups to large corporate spaces. Coworking options provide shared office or open-plan areas, perfect for collaborative work environments. Meeting rooms are available for short-term or long-term use, equipped with Wi-Fi and presentation capabilities. Virtual office solutions include prestigious business addresses, mail handling, and professional virtual assistant services, with varying levels of access to physical office space. Flexible working plans offer access to a global network of workspaces, providing ultimate convenience and scalability for businesses. This property presents a unique opportunity to secure prime office space in a thriving Scottsdale location.

• CAP approach

  CAP return

  Valuation

  6%

  $41,156,712

  6.5%

  $37,990,812

  7%

  $35,277,180

• Comparable approach

  Method

  Valuation

  Relative Method

  $29,286,374

  Geo Method

  $29,286,374

• Alternative Use

  Use

  Valuation

  Residential

  $47,108,604

  Hospitality

  $43,151,228

  Educational

  $35,901,316

  Medical

  $37,136,016

  Retail

  $55,846,492

Location Insight

City

Scottsdale

County

Maricopa

State

Arizona

Latitude

33.5028

Longitude

-111.927

CBSA code

38060

CBSA name

PHOENIX-MESA-SCOTTSDALE, AZ METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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