14988 N 78TH Way, Scottsdale, AZ 85260 - MLS #4711362

images$9,600,000 images******** Beds

images******** Bath images98,930 sqft images1996

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Description

Office complex with 2 buildings; 2 floors within the office complex areas and hangar space! 40% Office 60% Airplane Hangar. Hanger is 90% leased and office is 100% leased. Hangar space is available for any type of aircraft permitted to land in Scottsdale Airpark. Parking: 3.4:1,000 SF. Highly educated labor pool. Call for Offering Memorandum. LOCATED ON THE RUNWAY AT THE SCOTTSDALE AIRPARK. Numerous retail, restaurant and service amenities nearby. One mile to Loop 101 (Pima Freeway). Close to Kierland, Scottsdale Towne Center and Sonora Village. (REF GPE3480)

Property Features
Building Type: Commercial; Office; Other (See Remarks)
Business Type: Professional/Office; Other; See Remarks
Stories: 2 Stories
Construction: Block; Tilt-Up; Metal
Roofing: Other
Floors: Other
Ceiling Height: 8.1 Feet to 10 Feet; 16.1 Feet to 28 Feet
Cooling: Central Air; Other; See Remarks
Loading Facilities: Drive-in Door(s)
Interior Features: Finished
Exterior: Landscaping
Fencing: Partial
Building Features: Other (See Remarks)
Parking Features: Free; Private; Paved
Electric: APS
Gas: Other (See Remarks)
Water Source: City Franchise
Sewer: Sewer - Public
New Financing: Cash Only; Cash to Loan
Source of Fincl Data: Owner
Existing 1st Loan: Treat as Free&Clear
Existing 1st Loan Type: Not Applicable
Existing 1st Loan Terms: Not Applicable
Existing 2nd Loan: Treat as Free&Clear
Existing 2nd Loan Type: Not Applicable
Existing 2nd Loan Terms: Not Applicable
Existing 3rd Loan: Treat as Free&Clear
Existing 3rd Loan Type: Not Applicable
Existing 3rd Loan Terms: Not Applicable
Existing Othr Ln Trm: Not Applicable
Environmental: Other (See Remarks)
Contract Info
Current Price: $9,600,000
Sold Price: $9,600,000
Status: Closed
List Date: 2012-02-03
Ownership: Fee Simple
Location Tax Legal
Map Code/Grid: L37
House Number: 14988
Compass: N
Street Name: 78TH
St Suffix: Way
City/Town Code: Scottsdale
State/Province: AZ
Zip Code: 85260
County Code: Maricopa
Subdivision: Scottsdale Industrial Airpark
Assessor Number: 215-55-037
Tax Year: 2011
General Property Description
Type of Property: Office/Hangar
Ttl Apx SqFt Bldg: 98930
Ttl Apx Net Rnt Spc: 98930
# of Buildings: 2
Year Built: 1996
Uncvrd Parking Spcs: 258
Zoning: I-1
Remarks Misc
Cross Street: N. 78th Way & E. Raintree Drive
Directions: Loop 101 (Pima Freeway) to E. Raintree Drive west. North on N. Hayden Road. West on E. Pine Valley Road to N. 78th Way.
Geo Lat: 33.62182
Geo Lon: -111.909019
Status Change Info
Off Market Date: 2012-12-13
Under Contract Date: 2012-06-01
Close of Escrow Date: 2012-12-12
Sold Price: $9,600,000
Legal Info
Lot Number: 1
Sold Info
Loan Type: Cash
Payment Type: Other
Clsing Cost Split: Normal - N
Buyer Concession to Seller: 2.5
Buyer Concession $/%: %
Seller Concession to Buyer: 2.5
Seller Concession $/%: %