602-339-3131
11000 N Scottsdale Rd, Scottsdale, AZ for Sale
Medical - FOR SALE
1/23
null | Request Cap Rate

11000 N Scottsdale Rd
Scottsdale, AZ 85254
Central Scottsdale


HIGHLIGHTS

  • Ideal combination of stability and upside potential through additional leasing of remaining 14% vacancy.
  • ±86% leased to a high-quality roster of medical tenants with an ideal average suite size of ±2,100 SF.
  • New roof with a 10-year warranty and parking lot seal and restripe were completed in May.
  • ±59,445 SF with ±315 feet of coveted frontage on Scottsdale Road.

OVERVIEW

•Two (2)-story multi-tenant medical office building totaling •±59,445 SF with ±315 feet of coveted frontage on Scottsdale Road. •±86%leased to a high-quality roster of medical tenants with an ideal average suite size of ±2,100 SF. •Ideal combination of stability and upside potential through additional leasing of remaining 14% vacancy. •New roof with a 10-year warranty and parking lot seal and restripe were completed in May. •Exceptional small suite configuration, coupled with private entrances, patios off the exterior of ground floor suites, covered breezeways, a large central courtyard, and convenient exterior-loaded access perfectly position the property to take advantage of the highly active Scottsdale and Paradise Valley medical office leasing market. •Ideally located at the ‘gateway’ to the landlocked affluent town of Paradise Valley—which does not permit any commercial development within its 15½-square miles. •Situated near Shea Boulevard and Scottsdale Road, one of the Valley’s most renowned intersections due to its substantial concentration of high-quality retail, dining, and entertainment amenities. •Dynamic, infill location in the prestigious City of Scottsdale with approximately 6.7 million SF of upscale retail amenities within a 3-mile radius. •PV, Paradise Valley Mall’s 100-acre, $2 billion mixed-use redevelopment project, is located three (3) miles west. •Convenient ±2.5-mile access to the Loop 101, which serves as a gateway to the Valley’s entire freeway system and a population of over 2 million people. •Three (3)-mile access to HonorHealth Scottsdale Shea Medical Center.

FOR SALE DETAILS

PRICE

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CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Paradiso

PROPERTY TYPE

Office

PROPERTY SUBTYPE

Medical

TOTAL BUILDING SIZE

-

STORIES

2

BUILDING CLASS

B

YEAR BUILT

1984

SPRINKLERS

-

PARKING SPACES

283

LAND DETAILS

LAND ACRES

4.77 AC

LAND SF

207,781 SF

ZONING

S-R(C), Scottsdale

APN/PARCEL ID

175-36-001J

ASK ABOUT THIS PROPERTY

Eric WichtermanCushman & WakefieldMore Info
602-339-3131

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Eric WichtermanCushman & WakefieldMore Info
602-339-3131

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.