7302 E Helm Dr - Showroom FOR SALE


Scottsdale, AZ 85260- North Scottsdale
$4,490,000 USD
480-483-1985
7302 E Helm Dr, Scottsdale, AZ for Sale
$4,490,000 USD
Showroom - FOR SALE
1/3
null | Request Cap Rate

7302 E Helm Dr
Scottsdale, AZ 85260
North Scottsdale


HIGHLIGHTS

  • Located in the Scottsdale Airpark
  • Convenient to several major retail centers
  • Multiple points of access to major streets and Loop 101 Pima Freeway

OVERVIEW

Building 1 consists of eight highly sought after, small offices with warehouse condominium units, which have provided consistent income for almost 40 years, with the oldest tenant occupying space since 2000. Each unit originally consisted of two small office spaces with storefront entrances and windows, and a warehouse with a 10’ overhead door, sealed floors, and drain. All units are 100% air-conditioned and has its own electric meter and restroom. Modifications, over the years, include opening spaces for showroom use and joining units together for bigger space. Current leases have staggered expiration dates over the next five years. Located in the Scottsdale Airpark, the building is in the heart of a vast canvas of diverse companies, convenient to several major retail centers, and multiple points of access to major streets and Loop 101 Pima Freeway. This is an unprecedented opportunity to own these eight condominium units with continued cash flow while holding the property as a short- or long-term investment, or as an owner user with options for future expansion. With the shortage and high demand for small industrial flex spaces, at the right price, these can be flipped for a nice rate of return. Or with multiple redevelopment projects in the area, this building would be a head-start for this lot.

FOR SALE DETAILS

PRICE

$4,490,000 USD

PRICE/SF

$445 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Flex

PROPERTY SUBTYPE

Showroom

ADD'L SUBTYPES

Showroom, Warehouse

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1985

UTILITIES

Water - City, Sewer - City

CLEAR CEILING HT

12 Ft

DOCKS

-

DRIVE INS

8

PARKING SPACES

24

LAND DETAILS

LAND ACRES

2

LAND SF

87,120

ZONING

I-1, Scottsdale

APN/PARCEL ID

215-56-375

ASK ABOUT THIS PROPERTY

Beth AertsAerts Property Solutions LLCMore Info
480-483-1985

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Beth AertsAerts Property Solutions LLCMore Info
480-483-1985

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.