Single Tenant Net Leased Investment | Premier Office Condo Investment in Scottsdale, AZ
Description
Single Tenant Net Leased Investment - Premier Office Condo Investment in Scottsdale, AZ
Office - Arizona
The Village at Troon
Discover a premier investment opportunity in an affluent area of Scottsdale, surrounded by stunning topography and exceptional visibility. This Class B office condo features high-end class A custom finishes and is secured by a 5-year sale-leaseback, offering strong returns and long-term stability. This is a Single Tenant Net Leased Investment Property, perfect for a 1031 exchange buyer or anyone looking for a stable, long-term lease. A new lease will commence upon the close of escrow, ensuring immediate income. The tenant is a large regional custom home builder in Arizona. Don’t miss this rare chance to invest in one of Scottsdale’s most desirable locations.
Offering Summary:
✔ Location: 10045 E. Dynamite Blvd, Scottsdale, AZ 85261
✔ Offering Price: $2,165,440 ($320 PSF)
✔ Cap Rate: 6.25%
✔ NOI: $135,340
✔ Lease Term: 5-year sale-leaseback with (1) 5-year option
✔ Condo Size: ±6,767 SF
✔ Zoning: C-2, City of Scottsdale
✔ Parking: 4/1,000 SF
Investment Highlights:
✔ Single-tenant net-leased investment for stability and long-term returns
✔ Located within the prestigious Village at Troon North
✔ High-end Class A custom finishes
✔ Surrounded by world-class amenities, including Troon North & Estancia Golf Clubs
✔ Excellent frontage on Dynamite Boulevard with easy access
Demographics (5-Mile Radius):
✔ Avg. Household Income: $259,536
✔ Residential Population: 39,187
✔ Daytime Population: 52,784
Why Invest?
This exceptional opportunity offers a prime Scottsdale address, upscale surroundings, and a reliable income stream backed by a well-established tenant.
Contact:
Michael Douglas, CCIM
michael.douglas@investingincre.com
(480) 977-2935
Explore this premium investment today!
#CommercialRealEstate #CRE #ScottsdaleRealEstate #OfficeInvestment
Property Features
- Office
- About