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Built-Out Medical Office Condo Suite
For Sale
$1,540,500

7514 E Monterey Way, Scottsdale, AZ 85251

Move-in ready medical office suite within Plaza De Los Medicos Center with plumbed exam rooms, reception, and nurses station.

Property Size2,370 SF
Price / SF$650
Days on Market49

Property Features for 7514 E Monterey Way

General Information

Standard status Active
Size 2,370 SF
Property subtype Office
Zoning S-R

Additional Details

Highway Access Yes
Office Units 1

Building Details

Year Built 1979
Listing Agency:
Listed By: Steve Berghoff, SIOR, CCIM
Source: Menlocre
Added: Jun 24 Changed: Jul 21 Last Checked: Aug 11 at 5:59AM

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 Steve Berghoff, SIOR, CCIM

Investment Insights

Based on property information with market context.

Suite 3 is a move-in ready, built-out medical office condominium constructed in 1979. The suite is plumbed for exam rooms and includes a reception area and a nurses station, offering an operational layout for medical office use.

Located in the Plaza De Los Medicos Center in the S-R zoning area of the City of Scottsdale, the property is listed as 7514 E Monterey Way. The center provides convenient access to Loop 101 and major destinations including Phoenix Sky Harbor International Airport, Tempe, and Downtown Phoenix, and it is less than a mile from HonorHealth Scottsdale Osborn Medical Center.

This offering is positioned for office building users seeking a functional medical office suite within a dedicated medical office center setting.

Key Highlights

  • 2,370 SF move‑in ready medical office condominium (Suite 3) built in 1979
  • Plumbed exam rooms plus reception area and nurses station
  • Located in Plaza De Los Medicos Center in Scottsdale S‑R zoning (SR‑City of Scottsdale)

Property Analytics

Current Use

Therapy Physician Arcadia Aesthetics Skin Care Clinic Hugh Mackechnie Physician Holland Donald J ... Physician Palpu Hazel MD Physician

Suggested Use

Top Pick Grocery & Convenience Store Daycare Center (Bike/Boat/Book/etc) Store Mobile Phone Store Fish Market Locksmith

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

1
Office units
Yes
Highway access

Location Intelligence

Trade Area within ½ mile

4,327
Businesses Nearby
Well-served
Demand for This Use

Demographics for 85251, AZ

40,073
Population
26,456
Households
1.5
Avg Household Size
39
Median Age
60%
College-Educated
96%
High-School Grad
7.2 sq mi
ZIP Area
5,566
Density / Sq Mi
$89,151
Median Household Income
$60,282
Median Earnings
$1,771
Median Rent
$500,700
Median Home Value

Market

Vacancy Rate% for Office in West region

11% 2019
14.1% 2020
15.5% 2021
17.2% 2022
19.9% 2023
21% 2024
20.8% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Medical Office Space - Move-in ready medical office suite within Plaza De Los Medicos Center with plumbed exam rooms, reception, and nurses station.
Where is this medical office space located?
The property is located at 7514 E Monterey Way Scottsdale, AZ.
What is the asking price?
The asking price for this property is $1,540,500.
What are key features of this property?
This property features: 2,370 SF move‑in ready medical office condominium (Suite 3) built in 1979; Plumbed exam rooms plus reception area and nurses station; Located in Plaza De Los Medicos Center in Scottsdale S‑R zoning (SR‑City of Scottsdale)
More about this property
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