•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.