facebook
Traded Co logo
Submit
Daily limit: 0/10

Southern California Buyer Acquires Scottsdale Executive Square Office For $4.8 Million With CBRE Representation

Property Image
SOLD
$4,800,000

Arizona

See Similar Deals
Office29,806 SF
Sold 02/07/2025
the dealplayerscompscontact
Property Image
SOLD

Southern California Buyer Acquires Scottsdale Executive Square Office For $4.8 Million With CBRE Representation

13951 North Scottsdale Road

See Similar Deals
Office29,806 SF
Sold 02/07/2025
Contact now

Summary

ARIZONA
Asset Type:Office
Price Per Square Foot:$161
Total Square Footage:29,806 SF
Transaction Type:Sale

The property involved in this transaction is an office asset located at 13951 North Scottsdale Road in Scottsdale, AZ. The sale was executed at a price of $4,800,000 for a total square footage of 29,806, resulting in a price per square foot of $161. The asset was reported to be 98.1% leased to 19 office and medical tenants.

Summary of transaction details:

  • Property Type: Office
  • Transaction Amount: $4,800,000
  • Sale Date: 02/07/2025
  • Market: Scottsdale, AZ
  • Square Footage: 29,806
  • Price per Square Foot: $161
  • Brokers: Geoffrey Turbow & Philip Wurth - CBRE

This transaction was facilitated by brokers Geoffrey Turbow and Philip Wurth of CBRE, who represented the interests of the seller in the sale of Scottsdale Executive Square. The buyer, a private entity based in Southern California, acquired the property from an undisclosed seller.

Players

Geoffrey Turbow
11 deals$196.2M volume
BROKER

Philip Wurth
CBRE
1 deal$4.8M volume(602) 369-9261
BROKER

Details

SOLD
IMAGE: 02/07/2025 ADDRESS: 13951 North Scottsdale Road MARKET: Scottsdale, AZ ASSET TYPE: Office BROKERS: Geoffrey Turbow & Philip Wurth - CBRE SALE PRICE: $4,800,000 SF: 29,806 ~ PPSF: $161 NOTE: CBRE brokered the $4.8 million sale of Scottsdale Executive Square, a 29,806-square-foot office property at 13951 N. Scottsdale Road. The asset, 98.1% leased to 19 office and medical tenants, was acquired by a Southern California-based private buyer from an undisclosed seller.

Stay in the Know

Subscribe for insider commercial real estate news, deal highlights, and market insights—delivered straight to your inbox.

By subscribing, you agree to our Terms of Service and Privacy Policy.

Similar Deals

Contact

Get in touch with the broker you want

Suggestions
CRE CalculatorAnalyze deals based on income, expenses, and financing. We automatically filled the calculator with data from the deal you are viewing, fill free to modify it to see how it affects the results.
Deal Type
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)

$256,000.01

Debt Service Coverage Ratio (DSCR)

0.94x

Cap Rate

5.33%

Cash Flow (Annual)-$17,053.38
Cash-on-Cash Return-1.27%
Monthly Debt Service$22,754.45
Annual Debt Service$273,053.39