fully remodeled scottsdale office …...fully remodeled scottsdale office building for sale or for...

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FULLY REMODELED SCOTTSDALE OFFICE BUILDING FOR SALE OR FOR LEASE FOR MORE INFORMATION CONTACT: GEOFF TURBOW 480.294.6019 [email protected] 4414 N. Civic Center Plaza, Suite 100 Scottsdale, AZ 85251 T: 480.947.0600 | www.levrose.com 8683 E. VIA DE NEGOCIO SCOTTSDALE, AZ 85258 ZAK KOTTLER 480.294.6003 [email protected] WORLDWIDE REAL ESTATE SERVICES

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Page 1: FULLY REMODELED SCOTTSDALE OFFICE …...FULLY REMODELED SCOTTSDALE OFFICE BUILDING FOR SALE OR FOR LEASE FOR MORE INFORMATION CONTACT: GEOFF TURBOW 480.294.6019 gturbow@levrose.com

FULLY REMODELED SCOTTSDALE OFFICE BUILDING FOR SALE OR FOR LEASE

FOR MORE INFORMATION CONTACT:

GEOFF [email protected]

4414 N. Civic Center Plaza, Suite 100 Scottsdale, AZ 85251T: 480.947.0600 | www.levrose.com

8683 E. VIA DE NEGOCIOSCOTTSDALE, AZ 85258

ZAK [email protected]

WORLDWIDEREAL ESTATE SERVICES

Page 2: FULLY REMODELED SCOTTSDALE OFFICE …...FULLY REMODELED SCOTTSDALE OFFICE BUILDING FOR SALE OR FOR LEASE FOR MORE INFORMATION CONTACT: GEOFF TURBOW 480.294.6019 gturbow@levrose.com

Table of Contents

GEOFF TURBOW480.294.6019

[email protected]

ZAK KOTTLER480.294.6003

[email protected]

WORLDWIDEREAL ESTATE SERVICES

4414 N. Civic Center Plaza, Suite 100 Scottsdale, AZ 85251T: 480.947.0600 | www.levrose.comThis information has been secured from sources believed to be reliable, but no representations or warranties are made, expressed or implied, as to the accuracy of the information. References to square footage are approximate. Buyer and tenant must verify the information and bears all risk for any inaccuracies. All quoted prices are subject to change without notice.

Property Profile & HighlightsDemographics1st Floor - Floor Plan 2nd Floor - Floor PlanThe TenantProperty PhotosSale CompsExecutive Summary

Page 3: FULLY REMODELED SCOTTSDALE OFFICE …...FULLY REMODELED SCOTTSDALE OFFICE BUILDING FOR SALE OR FOR LEASE FOR MORE INFORMATION CONTACT: GEOFF TURBOW 480.294.6019 gturbow@levrose.com

4414 N. Civic Center Plaza, Suite 100 Scottsdale, AZ 85251T: 480.947.0600 | www.levrose.com

WORLDWIDEREAL ESTATE SERVICES

Offering Price $1,695,000

Price PSF $200.00/SF

Lease Price $21.50/SF Full Service

Property Size ±8,444 SF

Land Size ±25,617 SF

No. of Stories Two Stories

Vacancy First Floor - 4,418 SF

Year Built 1984 Remodeled 2015

Parking Ratio 4/1,000 (33 Total, 14 covered)

Parcel No. 177-04-892

Zoning C-0, City of Scottsdale

This information has been secured from sources believed to be reliable, but no representations or warranties are made, expressed or implied, as to the accuracy of the information. References to square footage are approximate. Buyer and tenant must verify the

information and bears all risk for any inaccuracies. All quoted prices are subject to change without notice.

4414 N. Civic Center Plaza, Suite 100 Scottsdale, AZ 85251T: 480.947.0600 | www.levrose.com

property overview

property highlights

• Entirely remodeled office building - Interior & Exterior • New break rooms, bathrooms, and landscaping• Class A Build-outs• Ready for move-in• Exterior Building Signage• 33 parking spaces of which 14 are covered• Located within minutes of the Loop 101 Freeway &

Scottsdale Road. • Many retail establishments within close proximity.• Private Balconies • Lease Rate is Full Service Net of Janitorial

8683 VIA DE NEGOCIO

Page 4: FULLY REMODELED SCOTTSDALE OFFICE …...FULLY REMODELED SCOTTSDALE OFFICE BUILDING FOR SALE OR FOR LEASE FOR MORE INFORMATION CONTACT: GEOFF TURBOW 480.294.6019 gturbow@levrose.com

demographics POPULATION 1 Mile 3 Miles 5 Miles2019 Projection 8,158 57,742 149,833 2014 Estimate 7,583 53,567 139,885Growth 2014-2019 7.58% 7.79% 7.11%Growth 2010-2014 6.32% 7.06% 4.70%

HOUSEHOLDS 1 Mile 3 Miles 5 Miles2019 Projection 4,174 28,466 70,5752014 Estimate 3,914 26,475 65,921Growth 2014-2019 6.64% 7.52% 7.06%Growth 2010-2014 7.09% 2.43% 1.10%2014 Avg HH Income $84,154 $93,293 $95,684

TRAFFIC COUNTVia De Ventura 43,761 VPD Pima Rd 57,099 VPDHayden Rd 26,467 VPD Via De Negoico 22,646 VPD

DRIVE TIMES13 Min. To Scottsdale Quarter 15 Min. To McDowell Mtn. Ranch 14 Min. To Scottsdale Airport 18 Min. To Sky Harbor Int’l. Aitport15 Min. To Old Town Scottsdale 26 MIn. To Downtown Phoenix

This information has been secured from sources believed to be reliable, but no representations or warranties are made, expressed or implied, as to the accuracy of the information. References to square footage are approximate. Buyer and tenant must verify the

information and bears all risk for any inaccuracies. All quoted prices are subject to change without notice.

8683 VIA DE NEGOCIO

Page 5: FULLY REMODELED SCOTTSDALE OFFICE …...FULLY REMODELED SCOTTSDALE OFFICE BUILDING FOR SALE OR FOR LEASE FOR MORE INFORMATION CONTACT: GEOFF TURBOW 480.294.6019 gturbow@levrose.com

1st floorfloor plan

AVAILABLE

Page 6: FULLY REMODELED SCOTTSDALE OFFICE …...FULLY REMODELED SCOTTSDALE OFFICE BUILDING FOR SALE OR FOR LEASE FOR MORE INFORMATION CONTACT: GEOFF TURBOW 480.294.6019 gturbow@levrose.com

2nd floorfloor plan

Leased to Entegee Inc, a subsidiary of Adecco Inc

Balcony Balcony

Balcony

Page 7: FULLY REMODELED SCOTTSDALE OFFICE …...FULLY REMODELED SCOTTSDALE OFFICE BUILDING FOR SALE OR FOR LEASE FOR MORE INFORMATION CONTACT: GEOFF TURBOW 480.294.6019 gturbow@levrose.com

The Tenant

The Adecco Group is the world’s leading provider of HR solutions. With more than 32,000 FTE employees and around 5,100 branches, in over 60 countries and territories around the world, we offer a wide variety of services, connecting around 700,000 associates with our clients every day. The services we offer fall into the broad categories of temporary staffing, permanent placement, career transition and talent development, as well as outsourcing and consulting.

www.adecco.com

Since 1958, ENTEGEE has responded to the staffing needs of hundreds of companies by providing experienced profes-sionals in the engineering and technical industries. ENTEGEE has over fifty years of experience in providing Fortune 500 and other companies with highly qualified technical personnel. All our offices combined currently employ over 2500 contract engineering and programming specialists, and maintain an internal staff of over 300 successful recruiting and customer service personnel.

www.entegee.com

Entegee Inc, a subsidiary of Adecco Inc, Recently executed a new Five (5) year lease for the second floor with a corporate guarantee from Adecco Inc. The lease term commences 3/1/2016 and expires 6/30/2021.

Page 8: FULLY REMODELED SCOTTSDALE OFFICE …...FULLY REMODELED SCOTTSDALE OFFICE BUILDING FOR SALE OR FOR LEASE FOR MORE INFORMATION CONTACT: GEOFF TURBOW 480.294.6019 gturbow@levrose.com
Page 9: FULLY REMODELED SCOTTSDALE OFFICE …...FULLY REMODELED SCOTTSDALE OFFICE BUILDING FOR SALE OR FOR LEASE FOR MORE INFORMATION CONTACT: GEOFF TURBOW 480.294.6019 gturbow@levrose.com
Page 10: FULLY REMODELED SCOTTSDALE OFFICE …...FULLY REMODELED SCOTTSDALE OFFICE BUILDING FOR SALE OR FOR LEASE FOR MORE INFORMATION CONTACT: GEOFF TURBOW 480.294.6019 gturbow@levrose.com

4414 N. Civic Center Plaza, Suite 100 Scottsdale, AZ 85251T: 480.947.0600 | www.levrose.com

WORLDWIDEREAL ESTATE SERVICES

SALE COMPS PROPERTY PRICE SF PRICE/SF SALE DATE

21040 N Pima Road $1,950,000 8,980 SF $217.15 12/29/2015

Bldg C

Scottsdale, AZ 85255

6621 N Scottsdale Road $1,750,000 8,553 SF $204.61 08/11/2015 Scottsdale, AZ 85250

8098 N. Via De Negocio $1,600,000 6,828 SF $234.33 08/05/2015 Scottsdale, AZ 85258

8145 N. 86th Place $965,000 5,107 SF $188.96 12/16/2015 Pinnacle Development GroupScottsdale, AZ 85258

8132 N. 87th Place $825,000 3,825 SF $215.69 11/25/2015Scottsdale, AZ 85258

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Page 11: FULLY REMODELED SCOTTSDALE OFFICE …...FULLY REMODELED SCOTTSDALE OFFICE BUILDING FOR SALE OR FOR LEASE FOR MORE INFORMATION CONTACT: GEOFF TURBOW 480.294.6019 gturbow@levrose.com

8683 E. VIA DE NEGOCIOSCOTTSDALE, AZ 85258

GEOFF [email protected]

ZAK [email protected]

WORLDWIDEREAL ESTATE SERVICES

4414 N. Civic Center Plaza, Suite 100 Scottsdale, AZ 85251T: 480.947.0600 | www.levrose.comThis information has been secured from sources believed to be reliable, but no representations or warranties are made, expressed or implied, as to the accuracy of the information. References to square footage are approximate. Buyer and tenant must verify the information and bears all risk for any inaccuracies. All quoted prices are subject to change without notice.

8683 Via De Negocio offers the rare opportunity of owning a fully remodeled, state of the art, fee simple office building in Scottsdale. This property is the perfect acquisition for an Owner/User who could utilize the ground floor 4,418 SF for themselves, while retaining the rental income from the new Five (5) year lease in place on the second floor. It also presents an opportunity for an Investor to purchase a lease ready (ground floor available) property, with highly modernized finishes which are desired by the majority of Tenant’s in the Scottsdale Market. With immediate access to the 101, surrounded by an abundance of retail amenities, two private patios and great window line with sweeping mountain views, this offering is truly one of a kind.

4414 N. Civic Center Plaza, Suite 100 Scottsdale, AZ 85251T: 480.947.0600 | www.levrose.com