LevRose Commercial Real Estate Sells Ventura Gateway Office Building In Scottsdale For $9.75M
8687 East Via De Ventura
$9,750,000
$185/SF
Building Size
52,583 SF
Asset Type
Office
Closing
Feb 19, 2026
About this deal
AI
An office asset located at 8687 East Via De Ventura in Scottsdale, AZ, was sold for $9,750,000. This multi-tenant building encompasses a total square footage of 52,583 and has a price per square foot of $185.
Summary of transaction details:
- Property Type: Office
- Transaction Amount: $9,750,000
- Address: 8687 East Via De Ventura
- Market: Scottsdale, AZ
- Square Footage: 52,583
- Price per Square Foot: $185
The transaction involved brokers Jason Reddington and Keri Davies from LevRose Partners, who facilitated the sale of Ventura Gateway, the office building in Scottsdale’s McCormick Ranch.
Players
Scottsdale Office Market Snapshot
Boundary boundary · Office · Sale transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
1.63%
Cash-on-Cash
-0.46%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93