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INVESTMENT HIGHLIGHTS
- Fully Leased | 6-tenant industrial flex asset with staggered expirations through 2027
- Zoning: I-1 (Industrial) — allows for a broad range of light industrial and office uses
- Power: Estimated 200 Amps per suite, 120/208V, 3-Phase, individually metered
- ±14,370 SF building situated on 0.80 acres in Scottsdale Airpark
- Individually metered suites | Office buildouts ranging from 10% to 80%
- Cooling: Combination of HVAC and evaporative cooling throughout suites
EXECUTIVE SUMMARY
7750 E Gelding Dr is a fully leased, ±14,370 SF multi-tenant industrial flex property located in the heart of Scottsdale Airpark, one of the most dynamic commercial submarkets in the Southwest. The building is demised into seven suites with individual utility metering, roll-up doors, flexible office/warehouse configurations, and I-1 zoning. The suites range in layout from 10% to 80% office buildout, catering to a wide mix of uses including service, medical, creative, light industrial, and office. The property is currently 100% leased, with a staggered expiration schedule extending through 2027, offering stable inplace cash flow with future rent growth upside. Recent leasing activity has demonstrated strong tenant demand and confirms the property’s strategic location and functionality. Investors will benefit from full occupancy, strong underlying real estate fundamentals, and a flexible building that supports long-term hold, and value-add strategies.
FINANCIAL SUMMARY (ACTUAL - 2024) Click Here to Access |
ANNUAL (CAD) | ANNUAL PER SF (CAD) |
|---|---|---|
| Gross Rental Income |
$99,999
|
$9.99
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
$99,999
|
$9.99
|
| Taxes |
-
|
-
|
| Operating Expenses |
-
|
-
|
| Total Expenses |
$99,999
|
$9.99
|
| Net Operating Income |
$99,999
|
$9.99
|
FINANCIAL SUMMARY (ACTUAL - 2024) Click Here to Access
| Gross Rental Income (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Other Income (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Taxes (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Operating Expenses (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Total Expenses (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Net Operating Income (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
PROPERTY FACTS
AMENITIES
- Skylights
- Shallow Bay
- Reception
- Storage Space
- Air Conditioning
UTILITIES
- Lighting
- Gas
- Water
- Sewer
- Heating
MAJOR TENANTS Click Here to Access
- TENANT
- INDUSTRY
- SF OCCUPIED
- RENT/SF
- LEASE TYPE
- LEASE END
- A to Z Aesthetics LLC
- -
-
99,999 SF
-
$9.99
-
Lorem Ipsum
-
Jan 0000
- Acquisition Management
- Professional, Scientific, and Technical Services
-
99,999 SF
- -
-
Lorem Ipsum
-
Jan 0000
- Emmett Bishop (DBA Bishops Gym)
- Retailer
-
99,999 SF
-
$9.99
-
Lorem Ipsum
-
Jan 0000
- Karma Studio - North Scottsdale
- -
-
99,999 SF
-
$9.99
-
Lorem Ipsum
-
Jan 0000
- McDowell Mountain Builders LLC
- Construction
-
99,999 SF
-
$9.99
-
Lorem Ipsum
-
Jan 0000
- Next 2 Light Franchise, LLC
- Retailer
-
99,999 SF
-
$9.99
-
Lorem Ipsum
-
Jan 0000
| TENANT | INDUSTRY | SF OCCUPIED | RENT/SF | LEASE TYPE | LEASE END | |
| A to Z Aesthetics LLC | - | 99,999 SF | $9.99 | Lorem Ipsum | Jan 0000 | |
| Acquisition Management | Professional, Scientific, and Technical Services | 99,999 SF | - | Lorem Ipsum | Jan 0000 | |
| Emmett Bishop (DBA Bishops Gym) | Retailer | 99,999 SF | $9.99 | Lorem Ipsum | Jan 0000 | |
| Karma Studio - North Scottsdale | - | 99,999 SF | $9.99 | Lorem Ipsum | Jan 0000 | |
| McDowell Mountain Builders LLC | Construction | 99,999 SF | $9.99 | Lorem Ipsum | Jan 0000 | |
| Next 2 Light Franchise, LLC | Retailer | 99,999 SF | $9.99 | Lorem Ipsum | Jan 0000 |
PROPERTY TAXES
| Parcel Number | 215-56-155 | Improvements Assessment | $0 CAD (2025) |
| Land Assessment | $0 CAD (2025) | Total Assessment | $335,619 CAD (2025) |
PROPERTY TAXES
Parcel Number
215-56-155
Land Assessment
$0 CAD (2025)
Improvements Assessment
$0 CAD (2025)
Total Assessment
$335,619 CAD (2025)
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7750 E Gelding Dr
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