SOLDRetail
Newmark Brokers Sell Scottsdale Retail Property For $23.5M
9310 E Via de Ventura, Scottsdale, Arizona 85258, United States
$23,500,000
$635,135/SF
Building Size
37 SF
Asset Type
Retail
Closing
Apr 17, 2023
AI
The retail property located at 9310 East Vía de Ventura in Scottsdale, AZ has been sold for $23,500,000. The property spans 37,958 square feet, resulting in a price per square foot of $619.
Summary of transaction details
- Property Type: Retail
- Transaction Amount: $23,500,000
- Address: 9310 East Vía de Ventura, Scottsdale, AZ
- Square Footage: 37,958
- Price per Square Foot: $619
- Market: Scottsdale, AZ
The sale of this retail property was facilitated by Jesse Goldsmith, Steve Julius, and Chase Dorsett of Newmark.
Players
Scottsdale Retail Market Snapshot
Boundary boundary · Retail · Sale transactions
Loading comparables…
Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
0.68%
Cash-on-Cash
-0.19%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93