Freestanding Medical Office
For Sale
$3,500,000
3300 N 75th St, Scottsdale, AZ 85251
Medical facility includes parking and interior customization potential for specific specialties.
Property Size7,574 SF
Lot Size0.85 Acres
Price / SF$462.11
Days on Market46
Property Features for 3300 N 75th St
General Information
Standard status
Active
Size
7,574 SF
Class
C
Lot size
0.85 Acres
Property subtype
office
Properties For Sale
at 3300 N 75th St Contact us- Floor
- 1st
- Size
- 7,574 SF
- Type
- Off/Med
- Term
- 24 months
- Availability
- Immediate
Available Space
Listing Agency:
Phoenix
(602) 282-6357
Listed By:
Katie McIntyre · License #SA639525000
(602) 282-6357
Source:
Property.jll
Added: Jul 16
Changed: Aug 30
Last Checked: Aug 30 at 7:14AM
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 Phoenix
Investment Insights
Based on property information with market context.
This freestanding medical office property contains 7,574 SF on a 0.85 AC lot at 3300 N 75th St in Scottsdale. The building has a functional medical layout, parking for staff and patients, and potential for interior changes tailored to specific medical specialties.
The property is near HonorHealth Scottsdale Osborn Medical Center, a 337-bed full-service hospital with Level I Trauma Center services, cardiovascular care, orthopedic and spine programs, and surgical facilities. Its Old Town Scottsdale setting also places the property near high-end shopping, restaurants, art galleries, and cultural attractions.
The property is near HonorHealth Scottsdale Osborn Medical Center, a 337-bed full-service hospital with Level I Trauma Center services, cardiovascular care, orthopedic and spine programs, and surgical facilities. Its Old Town Scottsdale setting also places the property near high-end shopping, restaurants, art galleries, and cultural attractions.
Key Highlights
- 7,574 SF freestanding medical office building
- 0.85 AC lot at 3300 N 75th St, Scottsdale, AZ 85251
- Parking provided for staff and patients
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$119,909
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
3.43%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$2,398,180
$2.4M
Cap Rate 7%
$1,712,986
$1.7M
Cap Rate 9%
$1,332,322
$1.3M
Market Conditions
NOI Build-Up for 7,574 SF
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.
Gross rent
$194.5K $25.68/SF
− Vacancy
−$34.6K −$4.57/SF
EGI
$159.9K $21.11/SF
− OpEx
−$40.0K −$5.28/SF
NOI
$119.9K $15.83/SF
Area
Scottsdale, AZ
Vacancy
17.80%
Lease Rate
$25.68 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$2,398,180
Cap Rate 7%
$1,712,986
Cap Rate 9%
$1,332,322
Alternative Uses
Best Use
Office B
$1.71M
$1.50M – $2.00M
NOI $119,909 @ 7.0% cap · market cap 3.43%
Second Best
Healthcare Medical
$1.54M
$1.35M – $1.80M
NOI $107,975 @ 7.0% cap · market cap 3.09%
Theoretical Best
Retail
$2.49M
$2.18M – $2.90M
NOI $174,043 @ 7.0% cap · market cap 4.97%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
4,327
Businesses Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
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
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
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Frequently Asked Questions
What type of property is this?
Medical Office Space - Medical facility includes parking and interior customization potential for specific specialties.
Where is this medical office space located?
The property is located at 3300 N 75th St Scottsdale, AZ.
What is the asking price?
The asking price for this property is $3,500,000.
What are key features of this property?
This property features: 7,574 SF freestanding medical office building; 0.85 AC lot at 3300 N 75th St, Scottsdale, AZ 85251; Parking provided for staff and patients
