An executive office and hangar facility at the Scottsdale Airpark were sold for $4.5 million to Potts Properties LLC, according to CBRE, which worked on the Scottsdale sale.
The newly purchased facilities are located at 15834 N. 80th St. in Scottsdale, and were sold by Hill Valley Real Estate Holdings LLC.
Bill Bayless with CBRE’s Phoenix office represented the Potts Properties. Hill Valley Real Estate Holdings was represented by Airport Property Specialists.
The 15,000-square-foot property features two taxiway access points, custom interior finishes and a third-floor patio with elevator access. The 4,300-square-foot hangar features a 20-foot high tail clearance to accommodate medium-sized business jets, an FAA-approved lighted helipad and a 4,000-gallon underground fueling system.
The buyer has plans to use the property as a corporate office and hangar.