16679 N 90TH Street, Scottsdale, AZ 85260
$5,400,000

Property Type: Comm/Industry Sale Square Footage: 32,974 Lot Size (sq. ft.): 80,586 Status: Closed
Current Price: $5,400,000 List Date: 7/17/2020 Last Modified: 8/06/2021
Description
PLEASE NOTE: THIS IS A USER/INVESTOR OPPORTUNITY ( 79% OCCUPIED) THERE ARE 2 BUILDINGS FOR SALE TOGETHER 16655 N 90 ST (±14,854 SF) & 16679 N. 90 TH ST (±18,120 SF FOR A TOTAL OF ±32,974 SF.
Two high-end multi-tenant industrial buildings located side by side on two separate parcels located in the prestigious McDowell Mountain Business Park. The buildings offer easy access to the Loop 101 and are blocks away from the Scottsdale Airpark, West World, Tournament Player's Club Stadium and Champions Golf Course, Westin Kierland Resort & Spa, as well as top tier Scottsdale restaurants, retail and premier live/work accommodations all surrounded by the beautiful McDowell Mountains and desert wildlife.
More Information MLS# 6104895
Contract Info
Ownership: Fee Simple Current Price: $5,400,000 Sold Price: $5,400,000 Status: Closed List Date: 2020-07-17
Location, Tax & Legal
Assessor's Map #: 13 Legal Description (Abbrev): LOT B1 90TH STREET AND BAHIA BUSINESS PARK PARCEL B MCR 081427 Assessor's Parcel #: 789 Add'l Parcels: No Tax Municipality: Maricopa - COUNTY Census Tract: 216846 Taxes: 20052 Legal: LOT B1 90TH STREET AND BAHIA BUSINESS PARK PARCEL B MCR 081427 Map Code/Grid: L38 House Number: 16679 Compass: N Street Name: 90TH St Suffix: Street City/Town Code: Scottsdale State/Province: AZ Zip Code: 85260 Zip4: 2832 County Code: Maricopa Subdivision: 90TH STREET AND BAHIA BUSINESS PARK PARCEL B Assessor Number: 217-13-789 Tax Year: 2019
General Property Description
Ttl Apx SqFt Bldg: 32974 # of Buildings: 2 Uncvrd Parking Spcs: 77 Year Built: 2005 Zoning: PCD-I-1
Legal Info
Range: 5E Section: 6 Township: 3N Lot Number: B1
Construction
Other: 1
Roofing
Other: 1
Floors
Other: 1
Income & Expenses
Owner Association: No Annual Ownr Asoc Fee: 0 Other Income: 0 Vacancy Allowance: 0 Adjusted Gross Inc: 0
Building Type
Other (See Remarks): 1
Business Type
Other: 1
Stories
2 Stories: 1
Pmt & Rate Info
Cap Rate: 5.8 Equity: 5869500 Total Owed: 0
Showing Notification Methods
Text: 1 Email: 1 Phone Call: 1
Lockbox Type
None: 1
Ceiling Height
16.1 Feet to 28 Feet: 1
Heating
Other: 1 See Remarks: 1
Cooling
Other: 1 See Remarks: 1
Interior Features
Other (See Remarks): 1
Loading Facilities
Grade Level: 1
Exterior
Other (See Remarks): 1
Source of Fincl Data
Other (See Remarks): 1
Fencing
Other: 1
Water Source
Other: 1
Freeway/Highway
Other (See Remarks): 1
Building Features
Other (See Remarks): 1
Sewer
Other: 1
Railroad
Other (See Remarks): 1
Parking Features
Other: 1
Electric
APS: 1
Gas
Other (See Remarks): 1
New Financing
Other (See Remarks): 1
Reports/Disclosures
Other (See Remarks): 1
Environmental
Other (See Remarks): 1
Sold Info
Loan Type: Other Payment Type: Other Clsing Cost Split: Normal - N Buyer Concession to Seller: 0 Buyer Concession $/%: $ Seller Concession to Buyer: 0 Seller Concession $/%: $
Remarks Misc
Geo Lat: 33.638524 Geo Lon: -111.886538
Status Change Info
Off Market Date: 2021-01-04 Under Contract Date: 2021-01-04 Close of Escrow Date: 2021-01-15 Sold Price: $5,400,000
Income Expenses
Net Operating Income: 340339
Property Features
Building Type: Other (See Remarks) Business Type: Other Stories: 2 Stories Construction: Other Roofing: Other Floors: Other Ceiling Height: 16.1 Feet to 28 Feet Heating: Other; See Remarks Cooling: Other; See Remarks Loading Facilities: Grade Level Interior Features: Other (See Remarks) Exterior: Other (See Remarks) Fencing: Other Building Features: Other (See Remarks) Parking Features: Other Electric: APS Gas: Other (See Remarks) Water Source: Other Sewer: Other Railroad: Other (See Remarks) New Financing: Other (See Remarks) Showing Notification Methods: Text; Email; Phone Call Lockbox Type: None Source of Fincl Data: Other (See Remarks) Environmental: Other (See Remarks)
Documents
Listing Office: Cutler Commercial

Last Updated: August - 06 - 2021
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