16679 N 90TH Street, Scottsdale, AZ 85260 (MLS# 6104895)

16679 N 90TH Street, Scottsdale, AZ 85260

$5,400,000
Property Type: Comm/Industry Sale Square Footage: 32,974 Lot Size (sq. ft.): 80,586 Status: Closed
Current Price: $5,400,000 List Date: 7/17/2020 Last Modified: 8/06/2021

Overview

Description

PLEASE NOTE: THIS IS A USER/INVESTOR OPPORTUNITY ( 79% OCCUPIED) THERE ARE 2 BUILDINGS FOR SALE TOGETHER 16655 N 90 ST (±14,854 SF) & 16679 N. 90 TH ST (±18,120 SF FOR A TOTAL OF ±32,974 SF. Two high-end multi-tenant industrial buildings located side by side on two separate parcels located in the prestigious McDowell Mountain Business Park. The buildings offer easy access to the Loop 101 and are blocks away from the Scottsdale Airpark, West World, Tournament Player's Club Stadium and Champions Golf Course, Westin Kierland Resort & Spa, as well as top tier Scottsdale restaurants, retail and premier live/work accommodations all surrounded by the beautiful McDowell Mountains and desert wildlife.

Listing Details MLS# 6104895

Location, Tax & Legal

Map Code/Grid
L38
House Number
16679
Compass
N
Street Name
90TH
St Suffix
Street
City/Town Code
Scottsdale
State/Province
AZ
Zip Code
85260
Zip4
2832
County Code
Maricopa
Subdivision
90TH STREET AND BAHIA BUSINESS PARK PARCEL B
Assessor Number
217-13-789
Tax Year
2019
Assessor's Map #
13
Legal Description (Abbrev)
LOT B1 90TH STREET AND BAHIA BUSINESS PARK PARCEL B MCR 081427
Assessor's Parcel #
789
Add'l Parcels
No
Tax Municipality
Maricopa - COUNTY
Census Tract
216846
Taxes
20052
Legal
LOT B1 90TH STREET AND BAHIA BUSINESS PARK PARCEL B MCR 081427

Contract Info

Ownership
Fee Simple

General Property Description

Ttl Apx SqFt Bldg
32974
# of Buildings
2
Year Built
2005
Uncvrd Parking Spcs
77
Zoning
PCD-I-1

Status Change Info

Off Market Date
2021-01-04
Under Contract Date
2021-01-04
Close of Escrow Date
2021-01-15

Legal Info

Township
3N
Range
5E
Section
6
Lot Number
B1

More Information

Income Expenses

Net Operating Income
340339

Sold Info

Loan Type
Other
Payment Type
Other
Clsing Cost Split
Normal - N
Buyer Concession $/%
$
Seller Concession $/%
$
Buyer Concession to Seller
0
Seller Concession to Buyer
0

Construction

Other
Yes

Roofing

Other
Yes

Floors

Other
Yes

Income & Expenses

Owner Association
No
Annual Ownr Asoc Fee
0
Other Income
0
Vacancy Allowance
0
Adjusted Gross Inc
0

Building Type

Other (See Remarks)
Yes

Business Type

Other
Yes

Stories

2 Stories
Yes

Pmt & Rate Info

Cap Rate
5.8
Equity
5869500
Total Owed
0

Showing Notification Methods

Text
Yes
Email
Yes
Phone Call
Yes

Lockbox Type

None
Yes

Ceiling Height

16.1 Feet to 28 Feet
Yes

Heating

Other
Yes
See Remarks
Yes

Cooling

Other
Yes
See Remarks
Yes

Interior Features

Other (See Remarks)
Yes

Loading Facilities

Grade Level
Yes

Exterior

Other (See Remarks)
Yes

Source of Fincl Data

Other (See Remarks)
Yes

Fencing

Other
Yes

Water Source

Other
Yes

Freeway/Highway

Other (See Remarks)
Yes

Building Features

Other (See Remarks)
Yes

Sewer

Other
Yes

Railroad

Other (See Remarks)
Yes

Parking Features

Other
Yes

Electric

APS
Yes

Gas

Other (See Remarks)
Yes

New Financing

Other (See Remarks)
Yes

Reports/Disclosures

Other (See Remarks)
Yes

Environmental

Other (See Remarks)
Yes

Property Features

Building Type: Other (See Remarks) Business Type: Other Stories: 2 Stories Construction: Other Roofing: Other Floors: Other Ceiling Height: 16.1 Feet to 28 Feet Heating: Other; See Remarks Cooling: Other; See Remarks Loading Facilities: Grade Level Interior Features: Other (See Remarks) Exterior: Other (See Remarks) Fencing: Other Building Features: Other (See Remarks) Parking Features: Other Electric: APS Gas: Other (See Remarks) Water Source: Other Sewer: Other Railroad: Other (See Remarks) New Financing: Other (See Remarks) Showing Notification Methods: Text; Email; Phone Call Lockbox Type: None Source of Fincl Data: Other (See Remarks) Environmental: Other (See Remarks)
Listing Office: Cutler Commercial
IDX
Last Updated: August - 06 - 2021
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