old town scottsdale 6901 e. 1st street ......real estate services for sale old town scottsdale...

WORLDWIDEREAL ESTATE SERVICES

FOR SALE OLD TOWN SCOTTSDALE

INVESTMENT OPPORTUNITY6901 E. 1ST STREET

SCOTTSDALE, AZ 85251

PROPERTY HIGHLIGHTS

• Located in the heart of Downtown Scottsdale just steps away from hotels, restaurants, galleries & shopping.

• New construction just completed, brand new office condominium.

• 100% occupancy

• Year 1 Cap Rate: 6.80%

• Five (5) year leases in place

• Annual Rent Escalations

• Seven new state of the art residences located within the complex.

Although the information furnished regarding property for sale, lease, or financing is from sources deemed reliable, no warranty or representation, express or implied, is made as to the accuracy of the infor-

mation contained herein.  It is submitted subject to errors, omissions, change of price, rental, or other conditions prior to sale, lease, or financing, or withdrawal without notice.

FINANCIAL SUMMARY

ASKING PRICE: $1,100,000

TOTAL BLDG SF: 2,494 SF

CAP RATE: 6.80%

NOI - ANNUAL: $74,820

YEAR CONSTRUCTED: 2018

WORLDWIDEREAL ESTATE SERVICES

LOCATION & MARKET

• Exceptional Old Town Scottsdale location and within walking distance to countless retail and restaurant amenities.

• Located just minutes away from Scottsdale Stadium, home of the San Francisco Giants Spring Training.

• Easily accessible from Loop 101 and Loop 202.

• Located just minutes from the Scottsdale Galleria, the high-tech office complex which houses 4,000 employees from Yelp!, Weebly, SAP and McKesson.

• More than 3,000 new luxury multifamily residential units recently completed or in final planning within a 3 mile radius.

DOWNTOWN PHOENIX21 MINUTES

SCOTTSDALE QUARTER18 MINUTES

BILTMORE FASHION PARK15 MINUTES

SKY HARBOR AIRPORT17 MINUTES ASU - TEMPE

12 MINUTES

SITE

Although the information furnished regarding property for sale, lease, or financing is from sources deemed reliable, no warranty or representation, express or implied, is made as to the accuracy of the infor-

mation contained herein.  It is submitted subject to errors, omissions, change of price, rental, or other conditions prior to sale, lease, or financing, or withdrawal without notice.

WORLDWIDEREAL ESTATE SERVICES

SITE SUMMARY

PROPERTY ADDRESS 6901 E. 1st StreetScottsdale, AZ 85251

YEAR BUILT 2018

APN 130-11-491

ACCESS

The building is accessible Via 1st Street and 69th Street. Located Southwest of Indian School and Goldwater

INTERIOR PHOTOS, SUITE 103

Although the information furnished regarding property for sale, lease, or financing is from sources deemed reliable, no warranty or representation, express or implied, is made as to the accuracy of the infor-

mation contained herein.  It is submitted subject to errors, omissions, change of price, rental, or other conditions prior to sale, lease, or financing, or withdrawal without notice.

VIRTUAL TOUR OF SUITE 103

Although the information furnished regarding property for sale, lease, or financing is from sources deemed reliable, no warranty or representation, express or implied, is made as to the accuracy of the infor-

mation contained herein.  It is submitted subject to errors, omissions, change of price, rental, or other conditions prior to sale, lease, or financing, or withdrawal without notice.

CLICK TO VIEW VIRTUAL TOUR

INTERIOR PHOTOS, SUITE 105

Although the information furnished regarding property for sale, lease, or financing is from sources deemed reliable, no warranty or representation, express or implied, is made as to the accuracy of the infor-

mation contained herein.  It is submitted subject to errors, omissions, change of price, rental, or other conditions prior to sale, lease, or financing, or withdrawal without notice.

VIRTUAL TOUR OF SUITE 105

Although the information furnished regarding property for sale, lease, or financing is from sources deemed reliable, no warranty or representation, express or implied, is made as to the accuracy of the infor-

mation contained herein.  It is submitted subject to errors, omissions, change of price, rental, or other conditions prior to sale, lease, or financing, or withdrawal without notice.

CLICK TO VIEW VIRTUAL TOUR

FLOOR PLAN

Although the information furnished regarding property for sale, lease, or financing is from sources deemed reliable, no warranty or representation, express or implied, is made as to the accuracy of the infor-

mation contained herein.  It is submitted subject to errors, omissions, change of price, rental, or other conditions prior to sale, lease, or financing, or withdrawal without notice.

#103 = 1,000 SF #105 = 1,494 SF

105103

RESIDENTIAL RESIDENTIAL RESIDENTIAL RESIDENTIAL RESIDENTIAL RESIDENTIAL RESIDENTIAL

North American Development Group

NOT A PART

Space Collaborative

SITE PLAN & PARKING MAP

Although the information furnished regarding property for sale, lease, or financing is from sources deemed reliable, no warranty or representation, express or implied, is made as to the accuracy of the infor-

mation contained herein.  It is submitted subject to errors, omissions, change of price, rental, or other conditions prior to sale, lease, or financing, or withdrawal without notice.

RESIDENTIAL RESIDENTIAL RESIDENTIAL RESIDENTIAL RESIDENTIAL RESIDENTIAL RESIDENTIAL

PP PP PP PP PPARKING

#105 #103 North American Development Group

SpaceCollaborative

Although the information furnished regarding property for sale, lease, or financing is from sources deemed reliable, no warranty or representation, express or implied, is made as to the accuracy of the infor-

mation contained herein.  It is submitted subject to errors, omissions, change of price, rental, or other conditions prior to sale, lease, or financing, or withdrawal without notice.

TENANT OVERVIEW

In its cumulative business history, NADG has been active in the development, acquisition, redevelopment and manage-ment of over 300 commercial properties comprising in excess of 25 million square feet of building area with a value of over $3.5 billion. Today, NADG owns over 16 million square feet of existing commercial space in the U.S. and Canada, with an additional 6 million feet in development or predevelopment. The company also owns approximately 1,600 acres of land, in the U.S. and Canada that has been acquired for future development.

http://www.nadg.com/

Eldorado on 1st is located in the heart of Scottsdale’s Arts District and comprised of seven residences. Conceived with an unmatched set of criteria, Eldorado on 1st combines spacious and functionally living spaces, cutting edge architecture, artistic design, high quality materials, total privacy and security, all within walking distance to the countless arts, dining and cultural amenities downtown Scottsdale has to offer.

www.eldoradoon1st.com

Although the information furnished regarding property for sale, lease, or financing is from sources deemed reliable, no warranty or representation, express or implied, is made as to the accuracy of the infor-

mation contained herein.  It is submitted subject to errors, omissions, change of price, rental, or other conditions prior to sale, lease, or financing, or withdrawal without notice.

WORLDWIDEREAL ESTATE SERVICES

PAPAGO PARKDOWNTOWN PHOENIX

cafe forte

N. GOLDWATER BLVD

E. MAIN ST

E. 1ST ST

TEMPE

6901 E. 1ST STREET

AERIAL OVERVIEW

WORLDWIDEREAL ESTATE SERVICES

DISCLAIMERAlthough the information furnished regarding property for sale, lease, or financing is from sources deemed reliable, no warranty or representation, express or implied, is made as to the accuracy of the information contained herein. It is submitted subject to errors, omissions, change of price, rental, or other conditions prior to sale, lease, or financing, or withdrawal without notice. If you have received this e-mail in error, please immediately notify me by reply e-mail and destroy the original transmission and its attachments without reading or saving in any manner. If anything in this email references terms of a transaction, please note that nothing is binding until a contract is fully signed by all of the required parties. Thank you.

FOR MORE INFORMATION CONTACT:

ZAK KOTTLERPartner480.294.6003zkottler@levrose.com

JOE COSGROVESenior Advisor480.294.6013jcosgrove@levrose.com

HUNTER CHASSEAdvisor480.289.4225hchasse@levrose.com