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7339 E McDonald Dr 6,100 SF 4-Star Office Building Scottsdale, AZ 85250 $6,972,500 CAD ($1,143.03 CAD/SF) 7.20% Cap Rate
Investment Highlights
- Owner User Opportunity | Flexible Future Occupancy; providing immediate income with the ability to occupy after the short-term leaseback period
- 7.2% Year One Cap Rate | Attractive Initial Return: Established corporate occupancy supports a strong first year yield
- Premier Scottsdale Location | Established Business Corridor
- Short-Term Sale Leaseback with Strong Income
- Unique Adaptive Re-Use Office Asset: Historic fire station thoughtfully converted into a modern corporate headquarters
Executive Summary
18-Month Leaseback
Property Facts
Sale Type
Investment or Owner User
Sale Condition
Sale Leaseback
Property Type
Office
Building Size
6,100 SF
Building Class
B
LoopNet Rating
4 Star
Year Built/Renovated
1988/2024
Price
$6,972,500 CAD
Price Per SF
$1,143.03 CAD
Cap Rate
7.20%
NOI
$502,020 CAD
Tenancy
Single
Building Height
1 Story
Typical Floor Size
6,100 SF
Building FAR
0.18
Lot Size
0.77 AC
Parking
23 Spaces (3.77 Spaces per 1,000 SF Leased)
Amenities
- Air Conditioning
1 1
Fairly walkable
50/100
Very drivable
80/100
Limited public transit
20/100
Moderately bikeable
70/100
Property Taxes
| Parcel Number | 173-05-010D | Improvements Assessment | $0 CAD |
| Land Assessment | $0 CAD | Total Assessment | $315,390 CAD |
Property Taxes
Parcel Number
173-05-010D
Land Assessment
$0 CAD
Improvements Assessment
$0 CAD
Total Assessment
$315,390 CAD
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7339 E McDonald Dr
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