Prime Owner User/Investor Opportunity - Central Scottsdale

8075 E Morgan Trail Scottsdale, AZ 85258

8075 E Morgan Trail, Scottsdale, AZ, 85258
8075 E Morgan Trail, Scottsdale, AZ, 85258
FOR SALE
Property Type:
Multi Tenant Office
Amount:
$1,600,000
Last Verified:
Jun 24, 2019

Highlights

  • Three Garden Style Office Buildings
  • ±8,383 SF | .25 AC
  • In Place Income | Owner-User/Investor Potential
  • Long Term Tenant History | Flexible Lease Expirations
  • Originally Parceled as Office Condos
  • Hayden Rd. Frontage | ±23,253 VPD
  • Abundance of Retail Amenities in the Immediate Area.
  • Highly Desirable Scottsdale Demographics
  • Rent Roll and Financials Available Upon Request

Description

SVN Desert Commercial Advisors is pleased to offer for sale 8075 E Morgan Trail, a three-building garden style office property located in central Scottsdale. The property consists of three individually parceled buildings totaling ±8,383 SF on ±.25 AC of land. With only a small vacancy consisting of a high quality dental buildout in building C the project is currently 86% occupied comprised of a loyal tenant base with flexible lease expirations making this an ideal opportunity for an owner-user or investor alike. Originally built in 1979 with the intent of being sold as office condos, the property also offers the opportunity for resale to multiple owner-users.

Located in the heart of central Scottsdale the subject property is situated between the highly desirable Gainey Ranch and McCormick Ranch subdivisions. The area surrounding the property offers an abundance of retail amenities. In addition to convenient accessibility to multiple shopping centers in the immediate area including the intersections of Shea & Loop 101 and Scottsdale Rd. & Shea Blvd, the subject property is also within close proximity of to all of Scottsdale's major entertainment districts such as Kierland Commons, Scottsdale Quarter, Scottsdale Pavillions, Salt River Fields at Talking Stick, Scottsdale Fashion Square Mall and Old Town Scottsdale.


Year Built: 1979
Building Size: 8383.0sq ft
Building Class: C
Lot Size: 0.25 acres

Map of 8075 E Morgan Trail, Scottsdale, AZ, 85258

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Real Estate incentives range widely and have been overlooked by the Commercial Multiple Listing Services (MLS) for decades. Real estate incentives is a generic term used to group any number of programs, such as tax incentives, that are designated by an agency for a geographic area."

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