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Raintree Office Center
8801 E. Raintree Drive, Scottsdale, Arizona 85260
Listing Details:
Project Size: 52,300
Parking Ratio: 5:1,000
Year Built: 2001
Lease Rate: n/a
Maximum
Contiguous:
100% Leased
FOR SALE: $22,556,000
Located at the southeast corner of Loop 101 and Raintree, this Class A office project has 10,888 SF available for immediate occupancy. Also offered for SALE, this excellent investment opportunity is located in one of the most prestigious and dynamic office submarkets in Phoenix. The building boasts long-term viability owing to its freeway location, design flexibility, outstanding parking ratio, and amenity-rich environment. SALE PRICE: $22,556,000; CAP RATE: 7.0%; OCCUPANCY: 100%; SIZE: 8801 E. Raintree: ±52,388 SF 8901 E. Raintree: ±58,886 SF; TOTAL PROJECT SIZE = ±111,274 SF