14988 N 78TH Way, Scottsdale, AZ 85260
$9,600,000
Property Type:
Comm/Industry Sale
Square Footage:
98,930
Lot Size (sq. ft.):
222,000
Status:
Closed
Current Price:
$9,600,000
List Date:
2/03/2012
Last Modified:
8/06/2021
Description
Office complex with 2 buildings; 2 floors within the office complex areas and hangar space! 40% Office 60% Airplane Hangar. Hanger is 90% leased and office is 100% leased. Hangar space is available for any type of aircraft permitted to land in Scottsdale Airpark. Parking: 3.4:1,000 SF. Highly educated labor pool. Call for Offering Memorandum. LOCATED ON THE RUNWAY AT THE SCOTTSDALE AIRPARK. Numerous retail, restaurant and service amenities nearby. One mile to Loop 101 (Pima Freeway). Close to Kierland, Scottsdale Towne Center and Sonora Village. (REF GPE3480)
More Information MLS# 4711362
Contract Info
Current Price: $9,600,000
Sold Price: $9,600,000
Status: Closed
List Date: 2012-02-03
Ownership: Fee Simple
Subagents: N
Buyer/Broker: Y
Buyer Broker $/%: %
Location, Tax & Legal
Map Code/Grid: L37
House Number: 14988
Compass: N
Street Name: 78TH
St Suffix: Way
City/Town Code: Scottsdale
State/Province: AZ
Zip Code: 85260
Country: USA
County Code: Maricopa
Subdivision: Scottsdale Industrial Airpark
Assessor's Map #: 55
Assessor's Parcel #: 37
Add'l Parcels: Yes
Assessor Number: 215-55-037
Legal: SCOTTSDALE INDUSTRIAL AIRPARK NO 7 MCR 234-27
Tax Municipality: Scottsdale
Taxes: 178548
Tax Year: 2011
Marketing Name: SW JET CORPORATE CENTER
General Property Description
Type of Property: Office/Hangar
Ttl Apx SqFt Bldg: 98930
Ttl Apx Net Rnt Spc: 98930
# of Buildings: 2
Year Built: 1996
Uncvrd Parking Spcs: 258
Zoning: I-1
Remarks & Misc
Cross Street: N. 78th Way & E. Raintree Drive
Directions: Loop 101 (Pima Freeway) to E. Raintree Drive west. North on N. Hayden Road. West on E. Pine Valley Road to N. 78th Way.
Geo Lat: 33.62182
Geo Lon: -111.909019
Status Change Info
Status Change Date: 2012-12-13
Off Market Date: 2012-12-13
Under Contract Date: 2012-06-01
Close of Escrow Date: 2012-12-12
Sold Price: $9,600,000
Legal Info
Lot Number: 1
Income & Expenses
Owner Association: No
Operating Exp: 178548
Pmt & Rate Info
Equity: 11490000
Sold Info
Loan Type: Cash
Payment Type: Other
Clsing Cost Split: Normal - N
Buyer Concession to Seller: 2.5
Buyer Concession $/%: %
Seller Concession to Buyer: 2.5
Seller Concession $/%: %
Property Features
Building Type: Commercial; Office; Other (See Remarks)
Current Use: Office; Other; See Remarks
Stories: 2 Stories
Construction: Block; Tilt-Up; Metal
Roofing: Other (See Remarks)
Floors: Other
Ceiling Height: 8.1 Feet to 10 Feet; 16.1 Feet to 28 Feet
Cooling: Central A/C; Other; See Remarks
Loading Facilities: Drive-in Door(s)
Interior: Finished
Exterior: Landscaping
Fencing: Partial
Amenities: Other (See Remarks)
Parking: Free; Private Parking; Paved Parking
Electric: APS
Gas: Other (See Remarks)
Water: City Franchise
Sewer: Sewer - Public
Source of Fincl Data: Provided by Owner
Existing 1st Loan: Treat as Free&Clear
Existing 1st Ln Type: Not Applicable
Existing 1st Ln Trms: Not Applicable
Existing 2nd Loan: Treat as Free&Clear
Existing 2nd Ln Type: Not Applicable
Existing 2nd Ln Trms: Not Applicable
Existing 3rd Loan: Treat as Free&Clear
Existing 3rd Ln Type: Not Applicable
Existing 3rd Ln Trms: Not Applicable
Existing Othr Ln Trm: Not Applicable
Reports/Disclosures: Other (See Remarks)
Environmental: Other (See Remarks)
Listing Office: Avison Young
Last Updated: August - 06 - 2021
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