Desert Fairways

Off-Market

8761 East Bell Road, Scottsdale, AZ 85260

This property is off-market. Unlock in-depth property data and market insights by signing up to CommercialEdge.

  • Property Type Office - Medical Office
  • Property Size 145,841 SF
  • Lot Size 15.14 Acre
  • Parking Spaces Avail. 670
  • Parking Ratio 4.60 / 1,000 SF
  • Property Tenancy Multi-Tenant
  • Building Class B
  • Year Built 2002

Contacts

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Owner

  • True Owner
  • Registered Owner

Tenants

Suite Name Tenant Leased
Space
Rent Price Lease
Type
Space
Type
Lease Term
370 17th Street #5500 MERRILL, (303) 446-5500 23,824 SF $23/SF/YR Modified
Gross
General
Office
11/01/2014-
N/A
370 17th Street
#6000
Morrison & Foerster,
(303) 592-1500
10,710 SF $26/SF/YR Full
Service
General
Office
08/01/2013-
07/31/2023
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Documents

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Sales

  • Purchase Price
  • Arm's Length True
  • Buyer Name

Market Trends

Average Actual Rents in Scottsdale

Average rents use actual signed leases, aggregated for your specific search area and asset type with Yardi Market Insight. Be confident your price is competitive, with CommercialEdge.

Current Average Rent
Net Rent
$44.3/SF/YR
Recoverables Show detailsHide details
$16.7/SF/YR
CAM
$3.54/SF/YR
Insurance
$0.59/SF/YR
Taxes
$9.52/SF/YR
Utilities
$1.76/SF/YR
Management Fees
$1.3/SF/YR
Total Rent
$61/SF/YR
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Occupancy & Leasing Activity
Occupancy
83.5%
Lease Spread
-20.5%
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Asking Rents in Scottsdale Office Market

Office rental rates are based on aggregated data of asking rates.

  • 2022 Avg. Asking Rent $31.98
  • 2022 Office Vacancy Rate 15.32%
  • 2022 Office Completions (SF) 351,913

Scottsdale Office Sales Trends

All sale prices are based on publicly recorded, verified sales.

  • 2022 Avg. Price per SF $268.74
  • Y-o-Y Avg. PpSF Change 12.48%
  • 2022 Office Sales Volume $463.7M
  • 2022 Number of Transactions 30
View more Scottsdale market trends

Location

Getting Around

  • Walk Score ®

    35/100 Car-Dependent
  • Transit Score ®

    24/100 Minimal Transit
  • Bike Score ®

    48/100 Somewhat Bikeable
Powered by Walk Score ®
  • City Scottsdale, AZ
  • Neighborhood West Cactus
  • Zip Code 85260
  • Market Phoenix

Points of Interest

  • Shell

    0.78 miles

  • Sam's Club

    1.03 miles

  • Costco Gasoline

    1.08 miles

  • Shell

    1.42 miles

  • Shell

    1.80 miles

  • Volta

    1.82 miles

  • Chevron

    1.91 miles

  • Blink

    1.92 miles

  • ChargePoint

    2.06 miles

  • Volta

    2.22 miles

  • Field East

    0.75 miles

  • trailer parking lot

    1.33 miles

  • Promenade Garage

    1.76 miles

  • Aviation Business Center Parking

    1.79 miles

  • 104th Street Trailhead

    2.09 miles

  • Quartz Trail Parking

    2.23 miles

  • North Staff Lot H

    3.79 miles

  • South Staff Lot H

    3.80 miles

  • South Patient Visitor Lot B

    3.85 miles

  • North Patient Visitor Lot B

    3.86 miles

  • Scottsdale Links Resort

    0.23 miles

  • Scottsdale Marriott at McDowell Mountains

    0.26 miles

  • Hilton Garden Inn Scottsdale North/Perimeter Center

    0.52 miles

  • Sheraton Desert Oasis

    1.07 miles

  • Scottsdale Villa Mirage

    1.21 miles

  • Holiday Inn Club Vacations Scottsdale Resort

    1.39 miles

  • Fairmont Scottsdale - Princess

    1.50 miles

  • Residence Inn

    1.72 miles

  • Holiday Inn & Suites Scottsdale North - Airpark

    1.73 miles

  • Extended Stay America - Phoenix - Scottsdale - North

    1.85 miles

  • 18 Degrees

    0.66 miles

  • Twin Peaks

    0.69 miles

  • Jersey Mike's Subs

    0.69 miles

  • Smashburger

    0.70 miles

  • Yen Sushi & Revolving Bar

    0.70 miles

  • Taco Bell

    0.72 miles

  • Boston Market

    0.73 miles

  • Arriba Grill

    0.74 miles

  • Einstein Bros. Bagels

    0.74 miles

  • Cafe Rio

    0.75 miles

  • Notre Dame Prepratory High School

    1.27 miles

  • Redfield Elementary School

    1.67 miles

  • Desert Canyon Middle School

    1.95 miles

  • Desert Canyon Elementary School

    2.08 miles

  • Copper Ridge Elementary School

    2.53 miles

  • Thunderbird Academy

    2.55 miles

  • Aztec Elementary School

    2.59 miles

  • Guidepost Montessori

    2.72 miles

  • Grayhawk Elementary School

    2.88 miles

  • Ottawa University

    2.90 miles

  • Tutor Time - Scottsdale

    3.00 miles

  • Tutor Time

    9.71 miles

Frequently Asked Questions

What is the total square footage of Desert Fairways?

Desert Fairways totals 145,841 square feet.

When was this property built?

Desert Fairways was built in 2002.

What is the property tax for Desert Fairways?

The property tax for Desert Fairways in 2022 was $349,615.

What is the market value for Desert Fairways?

The market value* for Desert Fairways in 2022 was $28,078,900.
*This represents the market value determined by the appropriate local tax/financial authority, and not the latest sale price or current market value based on recent sales.

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