Property Type: Comm/Industry Sale Square Footage: 16,049 Lot Size (sq. ft.): 41,250 Status: Closed
Current Price: $11,000,000 List Date: 7/14/2021 Last Modified: 8/21/2025
Overview
Description
Bassett Furniture Corporate NNN Lease with Rare Annual Increases. Currently in year 5 of 10 yr lease with two 5 year options. Limited Landlord Responsibilities. Beautiful building with all AC's replaced in 2017. This site is within 1 mile of multiple premium high end outdoor shopping centers including Scottsdale Quarter (400,000 SF), Kierland Commons (437,000SF) and the Promenade (569,000SF), further increasing consumer draw to the subject property and promoting crossover traffic to the site. Easy access to Scottsdale Airport, one of the top 25 FBO's in the nation.