The Evans Complex - office in Scottsdale, AZ
Office

The Evans Complex

7350 e evans road c, scottsdale, AZ

Price

Price on request

Square Feet

39,521

Market rate estimate — not broker-provided

Cost-of-Business Details

Low Confidence
Low
$21.00/SF/mo
Mid
$31.75/SF/mo
High
$32.00/SF/mo
Tier Used
direct_comps

Based on 3 comparable office lease listings in the area.

Tier Resolution Trace
Tier 1success3 compsselected
Cost Breakdown
ComponentValueDetailSource
Base Rent$31.75/SF/modirect_comps
Utilities17.0¢/kWhOpenEI URDB
Property Tax0.0% eff. rateAPI Ninjas
Labor Index$1413/wkBLS QCEW
Source Provenance (1)
SourceTypeCountYearFreshnessPeer
OpenSearch Listingscomparable_listings3real-time
Data sources used
listings

Location

7350 e evans road c, scottsdale, AZ

Marker
Leaflet © OpenStreetMap contributors

Property Details

Building Size39,521 SF
Year Built1983

Lease Details

Available Space10,995 SF

Market Context

This office in Scottsdale, AZ is listed for lease across 39,521 SF. The building dates to 1983. It has been on the market for 64 days.

As of Q1 2026, the Phoenix office market showed cap rates around 7.2%. Source: multiple brokerages Q1 2026 market report.

Projected current pricing

low confidence
Projected asking rent
$20.76–$21.38/SF/yr
Estimated sale value
$134–$179/SF

Modeled estimate (income approach) shown as a range — not an appraisal. Projected asking rent × occupancy × net-operating-income margin band ÷ market cap rate, from Q1 2026 investingincre com data (cap rate 7.2%, asking rent trend-adjusted to today).

View the full Phoenix Office market report →

Compare it against other office listings for lease in Scottsdale, AZ to benchmark pricing and space — view the full market.

Office market FAQ

What is the typical cap rate for office in Phoenix?
About 7.2% as of Q1 2026, per multiple brokerages.

Unified Estimate

Medium Confidence
$26.99/SF/mo-$32.00/SF/mo
Mid: $31.75/SF/mo
Total estimate for 39,521 SF
$1,254,792

Rate-first confidence-weighted blend with cost-of-business adjustment.

Lease Rate & Market Trend

Market report quarterly trend fallbackFIPS 04013

Low Confidence
  • Avg Rent ($/SF/mo) (market data)
Q1 '25Q4 '25Q1 '26$0$20$40$60$80
Market asking rent (quarterly avg)

Investment Analysis

Beta Feature: Investment Analysis is currently in beta testing. Metrics are calculated based on available financial data and market comparables. Results are for informational purposes and should not be considered financial advice. Verify all assumptions and consult with a financial advisor before making investment decisions.

Insufficient financial data for full analysis. Add more financial fields to improve metric coverage.

Market Employment Trend

YoY Growth:+0.1%
Avg Weekly Wage:$1,445

December 2025 • Source: BLS QCEW

Economic Indicators

30-Yr Mortgage:6.47%
CPI Inflation (YoY):4.2%

Source: FRED

Market Demographics

Census ACS 2024
Population4,559,748
Median Income$89k↑ 20%
College Educated32.8%
Median Age37.6 yrs
Median Home Value$453k
Unemployment4.5%↑ 0.9pp

2024 American Community Survey 5-Year Estimates •Released annually by U.S. Census Bureau

Assumptions
  • Market comparison: office in scottsdale, AZ

More Office for Lease in Scottsdale, AZ(5)

Contact Broker

Brad Anderson

Michael Strittmatter

Listed by

Cushman & Wakefield