$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
List Price/SqFt: 216.2
Property Sub-Type: Office Building
Status: Closed
Listing Agreement Date: 2024-10-02
Sold Price: $2,950,000
Current Price: $2,950,000
General Property Description
Year Built: 1998
Dimensions: 143.85x428.24x295.23x104.28
Acres: 1.68
Approx SqFt: 15263
Location, Tax & Legal
Region: 1 - Other Area
APN: 21707943
Cross Street: N. PIma
Legal Description: LOT 3 DESERT VILLAGE SHOPPING CENTER MCR 042933
Zoned: C-2
Taxes: 27535
Tax Year: 2023
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: 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
Remarks & Misc
Directions: 101 to N Pima Rd. Right on E. Pinnacle Peak Rd.
Status Change Info
Sold Price/SqFt: 193.27
Financing: Owner Carry 1st
Sold Date: 2025-04-15
Sold Price: $2,950,000
Inc/Exp (Annual)
Grs Op Inc $: 366097.83
To Show
Other: Call listing agent
Possession
COE +: 1
Terms of Sale
1031 Exchange: 1
Cash: 1
Submit: 1
Leases
Net: 1
Interior Amenities
Fire Alarm Sys.: 1
Docs on File
Aerial Photo: 1
Leases: 1
Legal Descrip.: 1
Ownr Op Stmnt: 1
Exterior Amenities
Landscaped: 1
Lot Street Imprvmnts
St-Blacktop: 1
Utilities
Electric: 1
Occupancy
Partially Leased: 1
Heating
Electric: 1
Cooling
Electric: 1
Management
Mgmt. Co.: 1
Construction
Stucco: 1
One Story: 1
Roof
Flat: 1
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: Electric
Lot Street Imprvmnts: St-Blacktop
Possession: COE +
IDX
Listing Office: Realty ONE Group, Mountain Desert
Last Updated: April - 18 - 2025
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