90% Leased Premier Medical Office Investment in Scottsdale’s Thriving Market — Built in 2003, this garden-style, two-story multi-tenant medical office totals ±31,509 SF and is anchored by two high-quality tenants, Spooner Physical Therapy and Valley ENT. — Leased to a diverse mix of local and regional medical users, the building offers new ownership recession-proof stability with future upside with the lease-up of the one vacant suite and an increase of the existing in-place rents, which are ±13% below market. — Timeless concrete masonry building, built on approximately ±2.06 acres, approximately 136 parking stalls consisting of surface, covered stalls, and an extremely rare two-level parking garage consisting of approximately 13,800 SF. — At 90% occupancy, with a weighted average lease term of 1.59 years, the existing rents average $24.36 PSF NNN – 13% under market rent, allowing an investor an immediate potential in creating value. Exceptionally Strong Market Fundamentals — Smaller office buildings below 20,000 SF continue to thrive and outperform larger office buildings: Within a 5-mile radius, there is a 5.9%vacancy rate for office buildings between 5,000 SF and 20,000 SF, compared to the 1% vacancy rate for office buildings above 20K square feet. (CoStar) — Scottsdale’s office leasing activity is up nearly 150% compared to last year as tenant demand continues to increase post-pandemic. This demand provides an opportunity to increase future income as the office market trends upwards post pandemic. — Scottsdale is home to more than 25,000 businesses with nearly 20 percent of Arizona corporate headquarters calling the city home. Furthermore, Scottsdale is visited by over 9 million people annually, adding over $3.7B of yearly economic impact to this booming economic hub. Strategic Location with Exceptional Accessibility, Robust Market and Demographic Fundamentals — Located just off Loop 101 and directly across from HonorHealth Scottsdale Shea Medical Center, a 427-bed acute care hospital, The Pinnacle at Desert Cove offers unmatched accessibility and visibility for healthcare providers. This proximity to a major medical hub enhances referral potential and operational efficiency for tenants, making it a highly attractive destination for medical professionals and investors alike. — Affluent, educated population: Median household income of $115,409, with about 64% holding a bachelor’s degree or higher and a per capita income nearly double the national average. — High healthcare demand: 28.6% of residents are 65+, driving strong demand for medical services, with low uninsured rates (6.3%) and a $5.18B healthcare sector.