Scottsdale, AZ 85260
MLS# 5859728
8803 sqft

9330 E POINSETTIA Drive, Scottsdale, AZ 85260
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9330 E POINSETTIA Drive, Scottsdale, AZ 85260

Property Description
Poinsettia Place is a neighborhood retail shopping center, located in central Scottsdale, near HonorHealth Scottsdale Shea Medical Center. The subject property is an infill site approximately 1/2 mile from Loop 101 (Pima Freeway). 150,000+/- employees are within a 5-mile radius. Average household income is over $130,000 within a 5-mile radius. The shopping center offers great visibility and ingress/egress inside a densely populated area within Scottsdale, Arizona. Retail vacancies at the center are minimal.

Contract Info
Current Price: $3,100,000
List Price: $3,100,000
Status: Active
List Date: 2018-12-21
Location, Tax & Legal
Map Code/Grid: M38
House Number: 9330
Compass: E
St Suffix: Drive
City/Town Code: Scottsdale
State/Province: AZ
Zip Code: 85260
Zip4: 7118
Country: USA
County Code: Maricopa
Assessor Number: 217-25-685
Taxes: 16469
General Property Description
Approx SQFT: 8803
Apx Lot Size Range: 210 x 202
Year Built: 1986
Zoning: PCOC
Remarks & Misc
Geo Lat: 33.594539
Geo Lon: -111.880341
Status Change Info
Status Change Date: 2018-12-21
Legal Info
Township: 3N
Range: 5E
Section: 19
Lot Number: N/A
Income & Expenses
Annual Ins Exp: 2725.5
Annual Landscape Exp: 4300
Annual Legal & Acctg: 500
Annual Trash Exp: 2856
Annual Wtr/Swr Exp: 4600
Owner Association: No
Annual Other Expense: 5679.21
Operating Exp: 37129.71
Gross Annual Sch Inc: 217640.45
Adjusted Gross Inc: 217640.45
Net Operating Income: 181102.67
Pmt & Rate Info
Cap Rate: 5.84
Equity: 3100000
Showing Instructions
Permission Required to Show: Yes
To Schedule Showing: Contact Via Text, Phone or Email
ARMLS Lockbox: No
Non-ARMLS Lockbox: No
Property Features
Building Type: Commercial
Current Use: Restaurant; Office; Retail
Stories: 1 Story
Construction: Stucco; Metal; Wood/Frame
Roofing: Foam
Floors: Concrete
Ceiling Height: 8.1 Feet to 10 Feet
Heating: Electric
Cooling: Central A/C
Loading Facilities: Grade Level
Interior: Finished
Exterior: Corner Lot; Dual Street Ftg; Landscaping; Building Sign
Fencing: Partial
Parking: Free; Paved Parking
Electric: APS
Gas: None
Water: City Franchise
Sewer: Sewer - Public; Sewer-In & Connected
Freeway/Highway: Up to 1 Mile
Owner Wants: 1031 Exchange
Source of Fincl Data: Provided by Owner
Existing 1st Loan: Treat as Free&Clear
Existing 1st Ln Type: Fixed
Existing 1st Ln Trms: Non Assumable
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
Traffic Count: 5,001 to 15,000
Reports/Disclosures: None
Environmental: None

Listing Office: Vestis Group

Last Updated: July - 30 - 2019

9330 E POINSETTIA Drive, Scottsdale, AZ 85260 - MLS# 5859728

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Monday 19th of August 2019 05:34 PM