FOR SALE - SALE LEASEBACK 7 YEAR NNN LEASE …...PROPERTY ADDRESS 9362 E. Raintree Drive Scottsdale,...
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FOR SALE - SALE LEASEBACK 7 YEAR NNN LEASE INVESTMENT OPPORTUNITY 9362 E. RAINTREE DRIVE SCOTTSDALE, AZ 85260 WORLDWIDE REAL ESTATE SERVICES
Transcript of FOR SALE - SALE LEASEBACK 7 YEAR NNN LEASE …...PROPERTY ADDRESS 9362 E. Raintree Drive Scottsdale,...
FOR SALE - SALE LEASEBACK
7 YEAR NNN LEASE INVESTMENT OPPORTUNITY 9362 E. RAINTREE DRIVESCOTTSDALE, AZ 85260
WORLDWIDEREAL ESTATE SERVICES
PROPERTY HIGHLIGHTS
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.
PROPERTY SUMMARY
ASKING PRICE
$3,756,300
NOI - ANNUAL
$262,941
TOTAL BLDG SIZE
12,521square feet
CAP RATE
7%
NOI - MONTHLY
$21,911.75
YEAR CONSTRUCTED
2001
YEAR RENOVATED
2016
• Very Desirable freestanding office building with Raintree Frontage.
• Award winning interior design build out
• 100% occupancy
• Year 1 Cap Rate: 7%
• Primary Lease Term: Seven (7) Years
• Rent Escalations: three (3%) percent
• Renewal Options: Two (2) periods of five (5) years at marketing prevailing rates but not to exceed five (5%) percent greater than the last year of the primary term.
PROPERTYADDRESS
9362 E. Raintree Drive Scottsdale, AZ 85260
YEAR BUILT 2001
APN 217-15-969
ZONING C-O, City of Scottsdale
PARKING SPACES
5.10/1,000 Ratio23 Covered Parking Spaces
PROPERTYOVERVIEW
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.
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.
E. R
AIN
TR
EE
DR
IVE
SITE PLAN
Please visit their website at: https://infinity-ss.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.
InfinityHR’s first application allowed large businesses to provide online employee benefits enrollment. Over the years, the application has expanded to include all HR solutions, hire to retire, in one location.
They provide the most complete and integrated solution for human capital management, offering users a powerful and accessible HR software solutions at a competitive price. InfinityHR is our flagship product, and brings together a strong business understanding with advanced technology to deliver a solution that works.
In addition to serving end-users, they work closely with Payroll Service Bureaus, Brokers, and ERP partners, to provide a full experience on all ends.
TENANT OVERVIEW
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.
Wat
son
Rd
GOODYEAR
Baseline Rd
Broadway Rd
Mill
er R
d
Rain
bow
Val
ley
Rd
Dea
n Rd
PhoenixGoodyearAirport
Jack
Rabb
it Rd
Yuma Rd
BUCKEYE
Cott
on L
n
TOLLESON Buckeye Rd
AHWATUKEEBaseline Rd
Phoenix Sky Harbor Intl
Camelback Rd
McDowell Rd
Olive Ave
PARADISEVALLEY
GLENDALE
PEORIA
LITCHFIELDPARK
CHANDLER
MESA
TEMPE
GILBERT
FOUNTAINHILLS
SUPRISESUNCITY
SUNCITYWEST
EL MIRAGE
SCOTTSDALE
Elliot Rd
Warner Rd
Ray Rd
Chandler Blvd
Broadway Rd
Lower Buckeye Rd
Guadalupe Rd
Pow
er R
d
Rura
l Rd
Ariz
ona
Ave
McQ
ueen
Rd
Coop
er R
d
Mill
AvePrie
st D
r
University DrBroadway Rd
McDowell Rd
Val V
ista
Dr
Gre
en�e
ld D
r
McDowell Rd
McDonald Dr
Indian Bend RdLincoln Dr
24th
St
44th
St
Hay
den
Rd
Scot
tsda
le R
dShea Blvd
7th
StCe
ntra
l Ave
Dob
son
Rd
7th
Ave
Bell Rd
Greenway Rd
Cave
Cre
ek R
d
Bell Rd
Thunderbird Rd
GrandAve
43rd
Ave
83rd
Ave
59th
Ave
Waddell Rd
Olive Ave
Bell Rd
Camelback Rd
Glendale Ave
Northern Ave
Reem
s Rd
Litc
h�el
d Rd
LukeAFB
El M
irage
Rd
W. Happy Valley RdW. Happy Valley Rd
W. Deer Valley RdW. Deer Valley Rd
E. Carefree Hwy.
Cave
Cre
ek R
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E. Pinnacle Peak RdE Pinnacle Peak Rd
N P
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Rd
CAREFREE
N. L
ake
Plea
sant
Pkw
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McDowell Rd
9362 E. RAINTREE DRIVE
LOCATION HIGHLIGHTS
• Prestigious North Scottsdale location
• Situated within the highly sought-after Scottsdale Airpark Submarket
• Within 2 miles of two full diamond interchanges (Raintree Drive and Frank Lloyd Wright) off the Loop 101 freeway.
• Located just minutes away from Scottsdale Airport, the second busiest single runway airport in the nation.
• Neighboring Scottsdale Quarter, Kierland Commons, Scottsdale Promenade, and Sonora Village.
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.
MCDOWELL MOUNTAINS
E. RAINTREE DR
N. THOMPSON PEAK PKWY
LOCATION OVERVIEW
E. RAINTREE DR
SITE 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.
AREA OVERVIEW
Scottsdale 101Shopping Center
FairmontScottsdale Princess
Resort & Spa
N SC
OTTSD
ALE RD
N SC
OTTSD
ALE RD
N H
AYDEN
RD
N FRANK LLOYD WRIGHT BLVD
E GREENWAY RD
E THUNDEERBIRD RD
LEGACY BLVD
E BELL RD
THE PLAZA
North Scottsdale Gateway
Ranch CrossingShopping Center
Ice DenScottsdale
West Worldof Scottsdale
E THUNDERBIRD RD
E RAINTREE DR
Cracker Jax
N FRANK LLYOD WRIGHT BLVD
Sonora VillageShopping CenterWestin
KierlandResort & Spa
N FRANK LLYOD WRIGHT BLVD
ScottsdaleHorizonPlaza
Scottsdale AirparkCorporate Center
ScottsdaleDesign Center
La MiradaCenter
Mayo ClinicFamily Medicine
EvitaMedical Center
ScottsdaleSports Complex
PIMA FW
Y
COUNTRYTRACE
MCDOWELLSHADOW ESTATES
NORTHSCOTTSDALE
DESERTSAGE
SCOTTSDALEMUNICIPALAIRPORT Scottsdale
N GREEN
WAY HAYDE
N LOOP
E GREENWAY PKWY
E GREENWAY RD
N 7
8TH
ST
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The Promenade Scottsdale Quarter Kierland Commons East Thunderbird Square NorthBenihanaBuffalo Wild WingsCarter’sCoffee Bean & Tea LeafCost Plus World MarketHabit Burger GrillIn-N-Out BurgerJos. A Bank ClothiersLowe’sMaggiano’sMen’s WarehouseMichaels Arts and CraftsNordstrom RackOffice MaxOld NavyPetSmartPier 1 ImportsSprintSubwayDiamond SourceT-MobileTrader Joe’sVerizon WirelessYume Sushi
Apple StoreBath & Body WorksBrio Tuscan GrilleCharlotte RusseDominick’s SteakhouseDr. MartensExpressForever 21Gap Grimaldi’s PizzeriaH&MiPic TheatersL’Occitane Le CreusetLululemon AthleticaNikePandoraPottery BarnPress CoffeeSephoraSOL Mexican CocinaStingray SushiThe Shade StoreTK’s Urban TavernTrue Food KitchenUrban OutfittersWest ElmZinburger
7 for All MankindAnn TaylorAnthropologieAthletaBanana RepublicBar NorthBCBGMAXAZRIACoachCold Stone CreameryCrate&BarrelJ. JillJ. CrewLoftLucky BrandMadewellMichael KorsPapyrusRA Sushi Bar RestaurantSplendidStarbucks CoffeeSur La TableTeavanaThe Cheesecake FactoryTommy BahamaTrue ReligionVictoria’s SecretWhite House | Black MarketZinc Bistro
Arizona LeatherChase BankDilly’s DeliGoodwillMAD GreensSapporoSauce Pizza & WineSpencer’sStudioFITSwitch Consignment
Scottsdale Towne Square Burger KingCigar WarehouseThe Doll House Toy StoreFirestoneFresh MintThe Good EggPapa John’s PizzaSubwayTaco BellToys & Playtime OasisNatural GrocersRA SushiThunderbird CleanersSmart Gym Delta Pilates
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SHOPPING CENTERS
AMENITY MAP
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 KOTTLERPartner
GEOFF TURBOWPartner
