Owner User Office Condo For Sale - Scottsdale, AZ

8111 E Indian Bend Rd Scottsdale, AZ 85250

8111 E Indian Bend Rd, Scottsdale, AZ, 85250
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FOR SALE
Property Type:
Multi Tenant Office
Amount:
$3,060,000
Last Verified:
Dec 23, 2024

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Highlights

  • Owner User Office Condo for Sale in Scottsdale
  • Ideal Office Layout w/ Perimeter Offices and Bullpen Space
  • Flexible Floor Plan Accommodating Office and Medical Office Users
  • Potential to Demise Property and Generate Additional Income from Tenants
  • Direct Frontage to Indian Bend Rd.
  • Immediate Access to 101 Fwy
  • Upscale Amenities in Close Proximity

Description

SVN Desert Commercial Advisors, acting as the sole representative of the Owner, is pleased to present an exceptional opportunity to acquire 8111 E Indian Bend Rd, a single-story office property situated in the heart of Central Scottsdale within the Indian Bend Corp. Centre office condominium complex. This spacious property encompasses a total of 9,144 square feet and is thoughtfully designed to accommodate a variety of professional needs. It features 29 offices, a large conference room suitable for meetings and presentations, a bullpen area for collaborative work, a kitchen for employee convenience, and in-suite restrooms, enhancing functionality and comfort. Currently, the property serves as the operational base for a law firm. Though, the functional floor plan is not only ideal for general office users, but also offers the flexibility to cater to a wide range of office or medical office users, making it a prime investment for those looking to establish or expand their business presence in a desirable location. Moreover, the building's design allows for an owner occupant to utilize a portion of the space while potentially generating supplemental income by leasing out the excess areas. This unique feature adds an attractive financial incentive, making this property a smart choice for both owner-users and investors alike.

Located in the heart of central Scottsdale the subject property is situated near the highly desirable Gainey Ranch and McCormick Ranch subdivisions. The area surrounding the property offers an abundance of retail amenities being in close proximity to all of Scottsdale's major entertainment districts such as Kierland Commons, Scottsdale Quarter, Scottsdale Pavilions, Scottsdale Fashion Square Mall and Old Town Scottsdale. Additionally, access to the 101 Freeway is very convenient being less than a mile away from the property.

Building Size: 9144sq ft
Building Class: B
Lot Size: 0 acres


Documents

Sale Flyer - 8111 E Indian Bend

Map of 8111 E Indian Bend Rd, Scottsdale, AZ, 85250

What are Real Estate Incentives?

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."

Why are Real Estate Incentives Important and to Whom?

"Incentives" are vital today and in the future because:

  • U.S. Public: Many incentives focus on job creation and Affordable Housing
  • Investors and Commercial Developers use incentives to reduce financial risk, obtain gap financing, etc. Investors and developers look for property listings with incentives available.
  • Commercial Real Estate Brokers, in mass, unfortunately do not know about incentives tied to their listings
  • Entire Supply Chain of Real Estate Development such as small and large companies who will provide goods and services to new and revitalized properties.