facebook
TradedTraded
    Home
    Search
    Closings
    Listings
    On Market
    Off Market
    Add a listing
    Vaults
    shh
    Rankings
    News
    Data
    Socials
    More


Messages

Go Pro
+ Submit+ Submit a Deal
Home

/

Deals

/

Arizona

/

Retail

/

Sale

/

9310 E Via de Ventura, Scot...

Newmark Brokers Sell Scottsdale Retail Property For $23.5M
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

Jesse Goldsmith

Newmark

Broker

$127.4M

vol

11 deals

Broker

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