Kierland Commons

Off-Market

7132 East Greenway Pkwy, Scottsdale, AZ 85254

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

  • Property Type Office - General Office
  • Property Size 466,702 SF
  • Lot Size 29.81 Acre
  • Parking Spaces Avail. 7863
  • Parking Ratio 16.85 / 1,000 SF
  • Property Tenancy Multi-Tenant
  • LEED Certified Silver
  • Building Class A
  • Year Built 2000

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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Brokers

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Documents

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Sales

  • Purchase Date 14 Mar, 2011
  • Purchase Price
  • Arm's Length True
  • Buyer Name

Mortgages

  • Current Lender
  • Loan Amount
  • Loan Origination Date
  • Loan Maturity Date

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 ®

    50/100 Car-Dependent
  • Transit Score ®

    36/100 Some Transit
  • Bike Score ®

    57/100 Bikeable
Powered by Walk Score ®
  • City Scottsdale, AZ
  • Neighborhood West Cactus
  • Zip Code 85254
  • Market Phoenix

Points of Interest

  • Tesla Supercharger

    0.22 miles

  • Blink

    0.71 miles

  • Volta

    0.79 miles

  • ChargePoint

    0.81 miles

  • Chevron

    0.94 miles

  • Fry's Fuel

    0.96 miles

  • Costco Gasoline

    1.55 miles

  • Shell

    1.75 miles

  • Sam's Club

    2.02 miles

  • Volta

    2.11 miles

  • Aviation Business Center Parking

    0.60 miles

  • Promenade Garage

    0.88 miles

  • Field East

    2.54 miles

  • South Staff Lot H

    2.79 miles

  • North Staff Lot H

    2.84 miles

  • BLDG Contractor Lot

    2.84 miles

  • Staff Lot C

    2.89 miles

  • Staff Lot G

    2.90 miles

  • Staff Lot D

    2.92 miles

  • Staff Lot E

    2.96 miles

  • AC Hotel Scottsdale North

    0.29 miles

  • The Westin Kierland Resort & Spa

    0.38 miles

  • Extended Stay America - Phoenix - Scottsdale - North

    0.44 miles

  • BEST WESTERN PLUS Scottsdale Thunderbird Suites

    0.52 miles

  • The Westin Kierland Villas

    0.68 miles

  • Hampton Inn & Suites Phoenix/Scottsdale

    0.94 miles

  • Sleep Inn

    0.95 miles

  • Fairfield Inn Scottsdale North

    1.00 miles

  • Residence Inn

    1.07 miles

  • Courtyard

    1.10 miles

  • Shake Shack

    0.10 miles

  • True Food Kitchen

    0.15 miles

  • SOL

    0.19 miles

  • Zinburger Wine & Burger Bar

    0.20 miles

  • Sorso Wine Room

    0.22 miles

  • Cullinary Drop Out

    0.22 miles

  • Chipotle

    0.22 miles

  • Jimmy John's

    0.22 miles

  • Five Guys

    0.23 miles

  • Fired Pie

    0.24 miles

  • Sandpiper Elementary School

    0.74 miles

  • Thunderbird Academy

    1.04 miles

  • Ottawa University

    1.09 miles

  • Arts Academy at Scottsdale

    1.46 miles

  • Desert Springs Elementary School

    1.47 miles

  • Jewish Community Campus

    1.49 miles

  • North Ranch Elementary School

    1.49 miles

  • Jess Schwartz Jewish Community Day SchooL

    1.49 miles

  • Sonoran Sky Elementary

    1.51 miles

  • Saint John XXIII Catholic School Community

    1.57 miles

  • Tutor Time - Scottsdale

    3.51 miles

  • Tutor Time

    7.84 miles

  • Biltmore Bible Day Care Center

    9.18 miles

  • Tutor Time

    9.35 miles

  • A Nannies

    9.55 miles

  • Kiddie Kampus

    9.67 miles

Frequently Asked Questions

What is the total square footage of Kierland Commons?

Kierland Commons totals 466,702 square feet.

When was Kierland Commons last sold?

Kierland Commons was last sold on 14 Mar, 2011.

What is the property tax for Kierland Commons?

The property tax for Kierland Commons in 2022 was $542,624.

What is the market value for Kierland Commons?

The market value* for Kierland Commons in 2022 was $29,223,000.
*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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