SOLD: Scottsdale Airpark Industrial Building Sells for $2.1M

15210-n-75th-st

Scottsdale Airpark Industrial Building Sells for $2.1M
December 1, 2016 | Scottsdale, AZ

SCOTTSDALE – ORION Investment Real Estate is proud to announce the sale of the industrial warehouse building located at 15210 North 75th Street in Scottsdale for $2,100,000 ($145/SF). Built in 1994, and totaling 14,500 square feet, the property is centrally located in the Scottsdale Airpark. The Airport, and its surrounding Commerce Airpark, is Scottsdale's only industrial-zoned area. The building is located approximately nine miles north of Scottsdale's downtown area and near a plethora of world-class restaurants, hotels, resorts, and golf courses.

Nick Miner, CCIM, Senior Vice President at ORION Investment Real Estate, represented the Buyer in this transaction. "I worked with my client to find the right property for their business to relocate into. The biggest hurdle - finding a property in the Scottsdale Airpark that met the Buyer's specific requirements because of the lack of available options in the timeframe we were working with."

The building was purchased by SWAKE Holdings, LLC. The Seller was represented by Mike Kane at Colliers. This was an owner/user sale.

Property:
15210 North 75th Street
Scottsdale, Arizona 85260
14,500 SF
Built in 1994

Related Links:

Event, wedding, conference design company buys Scottsdale Airpark building - Phoenix Business Journal

Scottsdale Airpark facility sells for $2.1M - AZ Big Media

Industrial commercial real estate not slowing down in Phoenix - Phoenix Business Journal

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