6623 North Scottsdale Road

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6623 North Scottsdale Road

Scottsdale, AZ 85250
Asking Price
$5.50M
Asset Type
Creative Office Office
Class
Class B

What's Special

Once-In-A-Generation Opportunity to Own an Architectural Landmark on Scottsdale Road <p>Download OM here: https://bit.ly/eldoradosquareCX</p><p></p><p><strong style="color: rgba(0, 63, 45, 1)">A ONCE-IN-A-GENERATION OPPORTUNITY TO OWN AN ARCHITECTURAL LANDMARK ON SCOTTSDALE ROAD</strong></p><p></p><p><span style="color: rgba(23, 232, 143, 1)">— </span><span style="color: rgba(0, 0, 0, 1)">An extraordinarily rare opportunity to acquire ±12,860 SF of one of the most architecturally distinctive office buildings in all of Metro Phoenix – a Spanish Colonial estate-style property cons

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NOI
$80,000
Cap Rate
1.45%
DSCR
0.24
Underwater
Cash-on-Cash
-14.94%
Monthly Payment
$27,210.999
Annual Cash Flow
$-246,531.989

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