$2,950,000
Scottsdale, AZ 85255
MLS# 198512
Status: Closed
15263 sqft
1 / 34
Property Description
Pinnacle East Corporate Center offers a rare opportunity for an owner-user or investor. This ±17,122 SF commercial building, zoned C-2, was built in 1999 and features a single floor, with 7 rentable suites ideal for Executive or Professional Office use. With three recently vacated spaces, it's ready for immediate occupancy or re-leasing, offering strong investment potential. Situated in the desirable Pinnacle Peak area of Scottsdale, the property presents a unique opportunity to establish your business or secure as an investment.
Details
Contract Info
Status: Closed
Public Marketing Date: 2024-10-02
Sold Price: $2,950,000
Current Price: $2,950,000
List Price/SqFt: 216.2
Property Sub-Type: Office
General Property Description
Dimensions: 143.85x428.24x295.23x104.28
Acres: 1.68
Year Built: 1998
Approx SqFt: 15263
Location, Tax & Legal
County: Maricopa
Area: 99 - Other Cities/Areas
Street #: 8955
Direction: E
Street Name: Pinnacle Peak
Suffix: Road
City/Town Code: Scottsdale
State/Province: AZ
Zip Code: 85255
Geo Lat: 33.697504
Geo Lon: -111.887492
Key Words
Sale/Rent Description: Sale
Net Op Inc: $100,000 - 499,999
Cap Rate: 1 - 7.9%
Down Payment: Submit
Imprv Sz (Gross SF): 12,000 - 19,999
#Tenants/Units: 5 - 9
Land Size: 1 - 4.9 AC
Trade/Exchange: Not Applicable
Status Change Info
Sold Date: 2025-04-15
Sold Price: $2,950,000
Sold Price/SqFt: 193.27
Financing: Owner Carry 1st
To Show
Other: Call listing agent
Property Features
Terms of Sale: 1031 Exchange; Cash; Submit
Leases: Net
Docs on File: Aerial Photo; Leases; Legal Descrip.; Ownr Op Stmnt
Interior Amenities: Fire Alarm Sys.
Exterior Amenities: Landscaped
Occupancy: Partially Leased
Management: Mgmt. Co.
Construction: One Story; Stucco
Roof: Flat
Heating: Electric
Cooling: Electric
Utilities: Electricity Available
Lot Street Imprvmnts: St-Blacktop
Possession: COE +
IDX
Listing Office: Realty ONE Group, Mountain Desert
Last Updated: April - 18 - 2025
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