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
- County Code
- Maricopa
- Subdivision
- Scottsdale Industrial Airpark
- Assessor Number
- 215-55-037
- Tax Year
- 2011
- Assessor's Map #
- 55
- Assessor's Parcel #
- 37
- Add'l Parcels
- Yes
- Tax Municipality
- Scottsdale
- Taxes
- 178548
- Legal
- SCOTTSDALE INDUSTRIAL AIRPARK NO 7 MCR 234-27
- Marketing Name
- SW JET CORPORATE CENTER
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 $/%
- %
Construction
- Block
- Yes
- Tilt-Up
- Yes
- Metal
- Yes
Roofing
- Other
- Yes
Floors
- Other
- Yes
Income & Expenses
- Annual Elec Exp
- 0
- Annual Gas Exp
- 0
- Annual Ins Exp
- 0
- Annual Land Lse Exp
- 0
- Annual Landscape Exp
- 0
- Annual Legal & Acctg
- 0
- Annual Maint Exp
- 0
- Annual Mgmt Exp
- 0
- Annual Trash Exp
- 0
- Annual Wtr/Swr Exp
- 0
- Owner Association
- No
- Annual Ownr Asoc Fee
- 0
- Annual PAD Fee
- 0
- Annual Rplcmnt Rsrvs
- 0
- Annual Other Expense
- 0
- Operating Exp
- 178548
- Other Income
- 0
- Vacancy Allowance
- 0
- Adjusted Gross Inc
- 0
Building Type
- Commercial
- Yes
- Office
- Yes
- Other (See Remarks)
- Yes
Business Type
- Professional/Office
- Yes
- Other
- Yes
- See Remarks
- Yes
Stories
- 2 Stories
- Yes
Pmt & Rate Info
- Down Payment
- 0
- Equity
- 11490000
- Total Owed
- 0
- Assessment Balance
- 0
Ceiling Height
- 8.1 Feet to 10 Feet
- Yes
- 16.1 Feet to 28 Feet
- Yes
Heating
- Electric
- Yes
Cooling
- Central Air
- Yes
- Other
- Yes
- See Remarks
- Yes
Interior Features
- Finished
- Yes
Loading Facilities
- Drive-in Door(s)
- Yes
Exterior
- Landscaping
- Yes
Source of Fincl Data
- Owner
- Yes
Fencing
- Partial
- Yes
Water Source
- City Franchise
- Yes
Building Features
- Other (See Remarks)
- Yes
Sewer
- Sewer - Public
- Yes
Parking Features
- Free
- Yes
- Private
- Yes
- Paved
- Yes
Electric
- APS
- Yes
Gas
- Other (See Remarks)
- Yes
New Financing
- Cash Only
- Yes
- Cash to Loan
- Yes
Existing 1st Loan
- Treat as Free&Clear
- Yes
Existing 1st Loan Type
- Not Applicable
- Yes
Existing 1st Loan Terms
- Not Applicable
- Yes
Existing 2nd Loan
- Treat as Free&Clear
- Yes
Existing 2nd Loan Type
- Not Applicable
- Yes
Existing 2nd Loan Terms
- Not Applicable
- Yes
Existing 3rd Loan
- Treat as Free&Clear
- Yes
Existing 3rd Loan Type
- Not Applicable
- Yes
Reports/Disclosures
- Other (See Remarks)
- Yes
Existing 3rd Loan Terms
- Not Applicable
- Yes
Environmental
- Other (See Remarks)
- Yes
Existing Othr Ln Trm
- Not Applicable
- Yes
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)
Listing Office: Avison Young
Last Updated: August - 06 - 2021
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