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7373 E SCOTTSDALE Mall, Scottsdale, AZ 85251 (MLS# 4525063)
$4,400,000
7373 E SCOTTSDALE MallScottsdale, AZ 85251
MLS# 4525063
Status: Closed
1 / 5
Property Description
Mixed use building in a popular downtown Scottsdale location, adjacent to the Scottsdale Center for the Performing Arts. 100% occupied with 89% of the leased space to tenants for over 10 years. 84% of leased space has more than 3 years left on the leases. Owner completed over $570,000 in improvements in the last couple years. Free parking in adjacent city parking garage and city parking lot.
Details
Maps
Contract Info
Current Price: $1,200
List Price: $4,400,000
Status: Closed
List Date: 2011-01-21
Ownership: Fee Simple
Location Tax Legal
Map Code/Grid: P37
House Number: 7373
Compass: E
Street Name: SCOTTSDALE
St Suffix: Mall
City/Town Code: Scottsdale
State/Province: AZ
Zip Code: 85251
Zip4: 4425
County Code: Maricopa
Subdivision: Scottsdale Mall
Assessor Number: 130-23-211-A
Tax Year: 2010
General Property Description
Type of Property: Mixed Use Commercial
Ttl Apx SqFt Bldg: 23210
Ttl Apx Net Rnt Spc: 21512
# of Buildings: 1
Year Built: 1976
Zoning: C-2
Remarks Misc
Cross Street: Scottsdale Road and 2nd Street
Directions: East on 2nd Street from Scottsdale Road, left (North) on Wells Fargo Ave. to parking garage.
Geo Lat: 33.492176
Geo Lon: -111.923013
Status Change Info
Off Market Date: 2011-10-23
Under Contract Date: 2011-10-21
Close of Escrow Date: 2011-10-21
Sold Price: 1200
Legal Info
Township: 2N
Range: 4E
Section: 26
Lot Number: F
Income Expenses
Gross Annual Sch Inc: 496891
Net Operating Income: 262682
Contact Info
List Agent Home Phn: 480-899-6207
Sold Info
Loan Type: Cash
Payment Type: Other
Clsing Cost Split: Normal - N
Buyer Concession $/%: %
Seller Concession $/%: %
Property Features
Building Type: Commercial; Office
Business Type: Mixed; Restaurant; Professional/Office; Retail; Bar/Tavern/Lounge
Stories: 2 Stories
Construction: Stucco
Roofing: Other
Floors: Concrete
Ceiling Height: 8.1 Feet to 10 Feet; 10.1 Feet to 12 Feet
Heating: Natural Gas
Cooling: Central Air; Chiller System
Loading Facilities: Grade Level
Interior Features: Finished; Security Light(s); Private Restrooms
Exterior: Landscaping; Curb(s) & Gutter(s); Building Sign; Sidewalk(s); Monument Sign
Fencing: Other; See Remarks
Building Features: Public Elevator(s)
Parking Features: Free; Parking Lot
Electric: Individual Meter
Gas: Other (See Remarks)
Water Source: Other; See Remarks
Sewer: Sewer - Public
Railroad: Other (See Remarks)
New Financing: Owner May Carry; 1031 Exchange
Source of Fincl Data: Accountant; Projected Proforma
Existing 1st Loan: Private
Existing 1st Loan Type: Fixed
Existing 1st Loan Terms: Assume-Qualify
Existing 2nd Loan: Other (See Remarks)
Existing 2nd Loan Type: Not Applicable
Existing 2nd Loan Terms: Not Applicable
Existing 3rd Loan: Other (See Remarks)
Existing 3rd Loan Type: Not Applicable
Existing 3rd Loan Terms: Not Applicable
Existing Othr Ln Trm: Not Applicable
Traffic Count: Other (See Remarks)
Environmental: None
Listing Office: Touchstone Realty, LLC
Last Updated: May - 23 - 2020
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Thursday 25th of December 2025 03:53 AM
