14988 N 78TH Way, Scottsdale, AZ 85260 (MLS# 4711362)

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

Overview

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)

Listing Details MLS# 4711362

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
US
County Code
Maricopa
Subdivision
Scottsdale Industrial Airpark
Assessor Number
215-55-037
Tax Year
2011

Contract Info

Ownership
Fee Simple

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.

Status Change Info

Off Market Date
2012-12-13
Under Contract Date
2012-06-01
Close of Escrow Date
2012-12-12

Legal Info

Lot Number
Yes

More Information

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) Business Type: Professional/Office; Other; See Remarks Stories: 2 Stories Construction: Block; Tilt-Up; Metal Roofing: Other Floors: Other Ceiling Height: 8.1 Feet to 10 Feet; 16.1 Feet to 28 Feet Cooling: Central Air; Other; See Remarks Loading Facilities: Drive-in Door(s) Interior Features: Finished Exterior: Landscaping Fencing: Partial Building Features: Other (See Remarks) Parking Features: Free; Private; Paved Electric: APS Gas: Other (See Remarks) Water Source: City Franchise Sewer: Sewer - Public New Financing: Cash Only; Cash to Loan Source of Fincl Data: Owner Existing 1st Loan: Treat as Free&Clear Existing 1st Loan Type: Not Applicable Existing 1st Loan Terms: Not Applicable Existing 2nd Loan: Treat as Free&Clear Existing 2nd Loan Type: Not Applicable Existing 2nd Loan Terms: Not Applicable Existing 3rd Loan: Treat as Free&Clear Existing 3rd Loan Type: Not Applicable Existing 3rd Loan Terms: Not Applicable Existing Othr Ln Trm: Not Applicable Environmental: Other (See Remarks)
IDX
Listing Office: Avison Young
Last Updated: August - 06 - 2021
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