$1,650,000
7363 E Adobe Drive, 101
Scottsdale, AZ 85255
MLS# 5864901
Status: Closed



7363 E Adobe Dr
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7363 E Adobe Dr Flex Office Condo Zoned C-4 - Highly sought after zoning End Cap location 7363 E Adobe Drive, 101, Scottsdale, AZ 85255 Completely built out Offices/Production areas Reception area 7363 E Adobe Drive, 101, Scottsdale, AZ 85255 7363 E Adobe Drive, 101, Scottsdale, AZ 85255 Public/Reception Restroom Office One 7363 E Adobe Drive, 101, Scottsdale, AZ 85255 7363 E Adobe Drive, 101, Scottsdale, AZ 85255 7363 E Adobe Drive, 101, Scottsdale, AZ 85255 Office Two 7363 E Adobe Drive, 101, Scottsdale, AZ 85255 7363 E Adobe Drive, 101, Scottsdale, AZ 85255 Stairs to Mezzanine 7363 E Adobe Drive, 101, Scottsdale, AZ 85255 Landing 7363 E Adobe Drive, 101, Scottsdale, AZ 85255 Lounge/Conference Room area 7363 E Adobe Drive, 101, Scottsdale, AZ 85255 7363 E Adobe Drive, 101, Scottsdale, AZ 85255 Break Area Mezzanine restroom with shower 7363 E Adobe Drive, 101, Scottsdale, AZ 85255 Hallway to production areas and offices 7363 E Adobe Drive, 101, Scottsdale, AZ 85255 Kitchen/Break Room Office Bullpen 7363 E Adobe Drive, 101, Scottsdale, AZ 85255 Production area 7363 E Adobe Drive, 101, Scottsdale, AZ 85255 7363 E Adobe Drive, 101, Scottsdale, AZ 85255 Shipping Room 7363 E Adobe Drive, 101, Scottsdale, AZ 85255 Storage Office/Production Employee Locker Room Employee Restroom with shower 7363 E Adobe Drive, 101, Scottsdale, AZ 85255 7363 E Adobe Drive, 101, Scottsdale, AZ 85255 Wash basin and stacked Washer/Dryer hookup 14 ft automated rollup door 7363 E Adobe Drive, 101, Scottsdale, AZ 85255 2 - 400 amp Electric Service Panels 7363 E Adobe Drive, 101, Scottsdale, AZ 85255 7363 E Adobe Drive, 101, Scottsdale, AZ 85255 7363 E Adobe Drive, 101, Scottsdale, AZ 85255 7363 E Adobe Drive, 101, Scottsdale, AZ 85255 Secure Outdoor Storage area 7363 E Adobe Drive, 101, Scottsdale, AZ 85255 7363 E Adobe Drive, 101, Scottsdale, AZ 85255 7363 E Adobe Drive, 101, Scottsdale, AZ 85255 7363 E Adobe Drive, 101, Scottsdale, AZ 85255 7363 E Adobe Drive, 101, Scottsdale, AZ 85255

Property Description
Are you looking for C-4 Zoned property in Scottsdale? Then you know how hard it is to find. This Industrial/Flex Office Condo is what you are searching for. Looking for a location to store the toys? How about some type of auto storage, service, industry location? Maybe you just want a production facility for your small business? Perhaps you are looking for a great investment in an outstanding area? This Flex Condo has the sq footage (7047 sq ft) of Office and Warehouse, PLUS it has a bonus of Secure Outdoor Storage (3592 sq ft). Complete built out office areas, production areas, lounge and offices in the Mezzanine, three restrooms, two of which include showers. 2-200 Amp Electric service panels plus lots more.

Details
Maps
Documents
Contract Info
Current Price: $1,650,000
Sold Price: $1,650,000
Status: Closed
List Date: 2019-01-07
Ownership: Condominium
Buyer/Broker: Y
Buyer Broker $/%: %
Location, Tax & Legal
Map Code/Grid: J37
House Number: 7363
Compass: E
Street Name: Adobe
St Suffix: Drive
Unit #: 101
City/Town Code: Scottsdale
State/Province: AZ
Zip Code: 85255
Zip4: 4048
Country: USA
County Code: Maricopa
Legal Description (Abbrev): LOT 101 TRACT C SCOTTSDALE RIDGE BUSINESS CENTER 2 CONDOMINIUMS MCR 092914
Subdivision: SCOTTSDALE RIDGE BUSINESS CENTER 2 CONDOMINIUMS
Assessor's Map #: 3
Assessor's Parcel #: 509
Add'l Parcels: Yes
Assessor Number: 212-03-509
Census Tract: 216841
Legal: LOT 101 TRACT C SCOTTSDALE RIDGE BUSINESS CENTER 2 CONDOMINIUMS MCR 092914
Tax Municipality: Scottsdale
Taxes: 13342
Tax Year: 2018
General Property Description
Type of Property: Industrial/Flex
Ttl Apx SqFt Bldg: 7047
# of Buildings: 1
Year Built: 2008
Volts/Amps: 200 x 2
Uncvrd Parking Spcs: 6
Zoning: C4
Remarks & Misc
Cross Street: Scottsdale Road & Adobe Drive
Directions: East on Adobe Dr to first right (unnamed street) - Right (south) to 2nd driveway on left - Left into drive and follow around to 7363 E Adobe Dr property.
Geo Lat: 33.686207
Geo Lon: -111.922338
Status Change Info
Status Change Date: 2020-12-01
Off Market Date: 2020-11-19
Under Contract Date: 2020-11-16
Close of Escrow Date: 2020-12-01
Sold Price: $1,650,000
Legal Info
Township: 4N
Range: 4E
Section: 14
Lot Number: 101
Bay Info
# of Bays: 1
# of Bay Doors: 1
Bay Door Height: 14
Bay Door Width: 10
Bay Size: 57'6'' x 39'
Income & Expenses
Annual Elec Exp: 6653
Owner Association: Yes
Annual Ownr Asoc Fee: 9444
Operating Exp: 29439
Pmt & Rate Info
Equity: 1650000
Sold Info
Loan Type: SBA
Loan Years: 30
Payment Type: Fixed
Clsing Cost Split: Normal - N
Buyer Concession $/%: $
Seller Concession $/%: $
Property Features
Building Type: Commercial; Industrial; Office; Manufacturing; Distribution/Warehse
Current Use: Mixed Use; Service Business; Recreational; Office; Warehouse; Wholesale
Stories: 2 Stories
Construction: Block; Stucco
Roofing: Built-Up; Foam
Floors: Concrete; Vinyl; Sealed; Ceramic Tile; Carpet
Ceiling Height: 10.1 Feet to 12 Feet; 12.1 Feet to 14 Feet; 14.1 Feet to 16 Feet; 16.1 Feet to 28 Feet
Heating: Heat Pump; Office Heated
Cooling: Office A/C; Warehouse Evap; Heat Pump
Loading Facilities: Grade Level; Drive-in Door(s)
Interior: Finished; Fire Sprinklers; Smoke Detector(s); Security Light(s); Alarm System; Phone System; Private Restrooms; Public Restrooms
Exterior: Corner Lot; Dual Street Ftg; Sprinkler Sys-Ground; Landscaping; Storage Yard; Building Sign
Fencing: Block
Amenities: Conference Room; Reception Room; Showroom; Kitchen; Showers - Office; Showers - Plant; Skylight(s); Display Window(s)
Parking: Free; Public Parking; Private Parking; Paved Parking
Electric: APS; 440; 3 Phase Power
Gas: None
Water: City Franchise; Master Meter
Sewer: Sewer - Public; Sewer-In & Connected
Freeway/Highway: 2.1 - 5 Miles
Lockbox Type: None
Source of Fincl Data: Provided by Owner
Existing 1st Loan: Treat as Free&Clear
Existing 1st Ln Type: Not Applicable
Existing 1st Ln Trms: Not Applicable
Existing 2nd Loan: Treat as Free&Clear
Existing 2nd Ln Type: Not Applicable
Existing 2nd Ln Trms: Not Applicable
Existing 3rd Loan: Treat as Free&Clear
Existing 3rd Ln Type: Not Applicable
Existing 3rd Ln Trms: Not Applicable
Existing Othr Ln Trm: Not Applicable
Roads/Streets: Asphalt; Dedicated Street; Private Street; Curb(s) & Gutter(s); Sidewalk(s)
Reports/Disclosures: Seller Prop Disc Stm
Use Restrictions: Designated Flood Pln; CC&R's; Airport Flight Zone
Environmental: None

Listing Office: Cornerstone Real Estate Group

Last Updated: December - 02 - 2020

7363 E Adobe Drive, 101, Scottsdale, AZ 85255 - MLS# 5864901
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