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MCDOWELL MOUNTAIN BUSINESS PARK

INVESTMENT OPPORTUNITY 4,719? SF

OFFICE / WAREHOUSE FLEX CONDO

$1,250,000

FIRST FLOOR | 2,807? SF

? Open Reception Area ? Front Office, Kitchen, Storage ? Large Open Work/Flex Area ? Receiving Area

SECOND FLOOR | 1,912? SF

? Five (5) Private Offices ? Conference Room, Training Room ? Server Room, Tech Room ? Restroom with Shower

16412 N 92nd Street | Suite C135 | Scottsdale, Arizona 85260 FOR FURTHER INFORMATION PLEASE CONTACT:

John Quatrini

Associate Broker

Suzanne Enright

Senior Associate

480.443.3992

C 602.859.0506

C 602.471.2981



john@

suzanne@

16410 N 91st St | Ste 112 | Scottsdale,AZ 85260

All information contained herein is subject to prior sales and leasing. This information has been secured from sources we believe to be reliable, but we make no representation or warranties, expressed or implied, as to the accuracy of this information.

16412 N 92nd Street | Suite D135 | Scottsdale, Arizona 85260 FLOOR PLAN

11'-4"

10'

14'-2"

41'-3"

FIRST FLOOR 2,807? SF

SECOND FLOOR 1,912? SF

TOTAL:

4,719? SF

7'-8"

8'-9"

30'-4"

9'

8'

5"

22'-8"

ASSEMBLY

8'

5"

22'-8"

STOR. RECEPTION

13'-1"

KITCHEN

OFFICE

11'-8"

14'-10"

17'

6'-6"

6'

6'

11'-1"

4,719? SF

19'-3"

11'

11'-6"

12'-11"

OFFICE

TECH ROOM

CONFERENCE

5'

12'-2"

OFFICE

SERVER

OFFICE

TRAINING

OFFICE

OFFICE

12'-7"

22'-6"

19'-8"

FIRST FLOOR

SECOND FLOOR

NOT TO SCALE All information furnished regarding property for sale, rental or financing is from sources deemed reliable, but no warranty or representation is made to the accuracy thereof and same is submitted to errors, omissions, change of price, rental or other conditions, prior to sale, lease or financing or withdrawal without notice. No liability of any kind is to be imposed on the broker herein. This information has been secured from sources deemed reliable, however, we make no warranties as to its accuracy.

16412 N 92nd Street | Suite D135 | Scottsdale, Arizona 85260 PROPERTY INFORMATION

Location:

16412 N 92nd Street, Suite D135 Scottsdale, AZ 85260 | Parcel# 217-13-803

Details:

Single-tenant, NNN lease

Lease Term:

Three (3) years. Options to Renew: Two (2), two (2) year renewal terms

Rent Schedule:

Period: 08/01/2020 - 07/31/2021; 08/01/2021 - 07/31/2022; 08/01/2022 - 07/31/2023;

Per Month + NNN + Rental Tax: $7,227.97 $7,227.97 $7,440.29

NOI (8/1/20 - 7/31/21):

$86,736 (est.)

Price:

$1,250,000; 6.9 cap (est.)

Property:

Built in 2008, 4,719? sf contemporary industrial/flex condominium

Location:

Located in the prestigious McDowell Mountain Business Center, Scottsdale, Arizona

Zoning:

I-1 Light Industrial, City of Scottsdale

Tenant: Matrixx Initiatives, Inc.

Matrixx Initiatives has been engaged in the development and marketing of better ways to feel better through over-the-counter health care products that utilize innovative drug delivery systems for over 20 years. Matrixx Initiatives manufactures and markets Zicam? brand homeopathic and allopathic OTC products, including its clinically proven ZICAM? Cold Remedy Nasal Spray and Swab, ZICAM? Cold Remedy RAPIDMELTS?, ZICAM? Cold Remedy Oral MistTM, ZICAM? Cold Remedy Medicated Fruit Drops, ZICAM? Cold Remedy Ultra Crystals and ZICAM? Cold Remedy Lozenges. Matrixx products also include ZICAM? Cold Remedy Relief for Kids, ZICAM? Allergy Relief Spray and Swab, ZICAM? Extreme Congestion Relief and ZICAM? Intense Sinus Relief. For more information regarding Matrixx products, please visit

All information contained herein is subject to prior sales and leasing. This information has been secured from sources we believe to be reliable, but we make no representation or warranties, expressed or implied, as to the accuracy of this information.

16412 N 92nd Street | Suite D135 | Scottsdale, Arizona 85260

SCOTTSDALE AIRPARK

SCOTTSDALE AIRPORT

WESTWORLD

M MCCDDOOW WEELLLL M MOOUUNNTTAAIINN BBUUSSIINNEESSSS PPAARRKK

E BELL RD

17465

DC RANCH CORPORATE CENTER

91st Street Extender

101

TPC

PRINCESS

E BELL RD BAHIA DR

92ND ST 91ST ST 90TH ST

LOOP 101 FRWY

91ST ST

All information contained herein is subject to prior sales and leasing. This information has been secured from sources we believe to be reliable, but we make no representation or warranties, expressed or implied, as to the accuracy of this information.

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