Single-Story Medical Office
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For Sale
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10679 N Frank Lloyd Wright Blvd Suite 102, Scottsdale, AZ 85259
Medical-zoned single-story condo in Plaza Leyenda Medical Office Complex, constructed in 2007.
Property Size2,157 SF
Price / SF$425
Days on Market6
Property Features for 10679 N Frank Lloyd Wright Blvd Suite 102
General Information
Standard status
Active
Size
2,157 SF
Class
A
Property subtype
Office
Additional Details
Floor
Ground Floor
Highway Access
Yes
Office Units
1
Amenities
courtyard
sitting area
raised landscaping wall
copper accented lighting
Building Details
Year Built
2007
Stories
1
Tenancy
Single
Owner Occupied
Yes
Listing Agency:
Shell Commercial Investment Real Estate
(480) 443-3992
Listed By:
John Quatrini · License #AZ BR043020000
Source:
Crexi
Added: Jul 27
Changed: Jul 30
Last Checked: Aug 1 at 4:14AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Shell Commercial Investment Real Estate
Investment Insights
Based on property information with market context.
This single-story medical-zoned office condo offers 2,157± SF of space and was constructed in 2007. The suite is located within Plaza Leyenda Medical Office Complex, part of the Central Scottsdale submarket.
Plaza Leyenda is a Class 'A' office/medical condominium complex comprised of 10 buildings, including six single-story buildings and four two-story buildings. The complex features exterior stone columns, custom contemporary rock water features, a serene courtyard with a sitting area and a raised landscaping wall, and copper accented lighting. The property is 2.5 miles from the Loop 101 / Shea Blvd interchange and within minutes of Mayo Clinic and Honor Health Hospital.
Current ownership operates a dental lab on-site and would consider an asset sale of the business.
Plaza Leyenda is a Class 'A' office/medical condominium complex comprised of 10 buildings, including six single-story buildings and four two-story buildings. The complex features exterior stone columns, custom contemporary rock water features, a serene courtyard with a sitting area and a raised landscaping wall, and copper accented lighting. The property is 2.5 miles from the Loop 101 / Shea Blvd interchange and within minutes of Mayo Clinic and Honor Health Hospital.
Current ownership operates a dental lab on-site and would consider an asset sale of the business.
Key Highlights
- 2,157± SF single‑story medical‑zoned office condo
- Constructed in 2007
- Suite is within Plaza Leyenda Medical Office Complex
Financial Insights For Office B
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $55.4k | $25.68 |
| − Vacancy | −$9.9k | −$4.57 |
| EGI | $45.5k | $21.11 |
| − OpEx | −$11.4k | −$5.28 |
| NOI | $34.1k | $15.83 |
2,157 SF · lease $25.68/SF/yr · vacancy 17.80% · expense 25.00%
Alternative Uses
Best Use
Office B
$487.8K
$426.9K – $569.2K
NOI $34,149 @ 7.0% cap · market cap 3.73%
Second Best
Healthcare Medical
$439.3K
$384.4K – $512.5K
NOI $30,750 @ 7.0% cap · market cap 3.35%
Theoretical Best
Retail
$708.1K
$619.6K – $826.1K
NOI $49,566 @ 7.0% cap · market cap 5.41%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
Lease Details
1
Office units
Single-tenant
Tenancy
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
737
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Demographics for 85259, AZ
22,548
Population
10,864
Households
2.1
Avg Household Size
51
Median Age
69%
College-Educated
99%
High-School Grad
20.7 sq mi
ZIP Area
1,089
Density / Sq Mi
$145,574
Median Household Income
$80,502
Median Earnings
$1,769
Median Rent
$956,300
Median Home Value
Market
Vacancy Rate% for Office in West region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Medical Office Space - Medical-zoned single-story condo in Plaza Leyenda Medical Office Complex, constructed in 2007.
Where is this medical office space located?
The property is located at 10679 N Frank Lloyd Wright Blvd Suite 102 Scottsdale, AZ.
What is the asking price?
The asking price for this property is $916,725.
What are key features of this property?
This property features: 2,157± SF single‑story medical‑zoned office condo; Constructed in 2007; Suite is within Plaza Leyenda Medical Office Complex
