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10/09/18
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San Francisco-based Scottsdale Sport & Classic Motorcar LLC purchased a 14.2k sf, freestanding showroom building in Scottsdale, AZ, for $2.25 mil ($158/sf). The building is located at 7671 East Acoma Dr, within the Scottsdale Airpark.
Featuring frontage along Acoma Drive, the single-tenant building was 100% percent leased at the close of escrow. It is surrounded by some of Metro Phoenix’s most prestigious mixed-use developments, and is situated just one mile east of Scottsdale Quarter and Kierland Commons.
Scottsdale Sport & Classic Motorcars, which specializes in offering pre-owned exotic, specialty and European classic automobiles, acquired 7671 Acoma for a relocation and expansion from its San Francisco-based dealership and showroom. The company is planning an extensive renovation and expansion to the property.
Michael Kitlica of Cushman & Wakefield represented the buyer in the transaction. The property was sold by Scottsdale-based Santa Fe Saavy.
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