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Leased Dental Medical Office Condo
New
For Sale
$1,475,000

6945 E Sahuaro Dr Ste A-2, Scottsdale, AZ 85254

A dental tenant occupies the built-out suite under a long-term NNN lease with scheduled rent increases.

Property Size8,870 SF
Price / SF$511.62
Days on Market1

Property Features for 6945 E Sahuaro Dr Ste A-2

General Information

Standard status Active
Size 8,870 SF
Class B
Property subtype Office
Zoning C-2

Financials

Asking Price $1,475,000
Cap Rate 6.25%

Building Details

Building Size 8,870 SF
Tenancy Single
Listing Agency: Menlo Group Commercial Real Estate
Listed By: Ryan Edwards · License #SA697072000
Source: Menlocre
Added: Oct 7 Last Checked: Oct 7 at 2:19PM

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 Menlo Group Commercial Real Estate

Investment Insights

Based on property information with market context.

This medical office condominium is configured as a built-out dental practice and is occupied by a dental tenant. The lease is structured as NNN, with a 10-year term and 3% escalations. The property is in Scottsdale, Arizona, near the intersection of Shea Boulevard and Scottsdale Road.

The suite contains 2,883 square feet and carries C-2 zoning. The lease structure and dental-office buildout define the property’s current configuration.

Key Highlights

  • 2,883‑square‑foot dental office condominium
  • Occupied by a dental tenant under a 10‑year NNN lease
  • Lease includes 3% escalations

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$45,643
Cap Rate
3.09%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$912,860 $912.9K
Cap Rate 7%
$652,043 $652.0K
Cap Rate 9%
$507,144 $507.1K
Market Conditions
NOI Build-Up for 2,883 SF
Gross rent
$74.0K $25.68/SF
− Vacancy
−$13.2K −$4.57/SF
EGI
$60.9K $21.11/SF
− OpEx
−$15.2K −$5.28/SF
NOI
$45.6K $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 Rate 5%
$912,860
Cap Rate 7%
$652,043
Cap Rate 9%
$507,144

Alternative Uses

Best Use
Office B
$652.0K
$570.5K – $760.7K (±1% cap)
NOI $45,643 @ 7.0% cap · market cap 3.09%
Second Best
Healthcare Medical
$587.1K
$513.8K – $685.0K (±1% cap)
NOI $41,100 @ 7.0% cap · market cap 2.79%
Theoretical Best
Retail
$946.4K
$828.1K – $1.10M (±1% cap)
NOI $66,249 @ 7.0% cap · market cap 4.49%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

Current Use

Dr. Jonathan Kalika Dental Office Dr. Owen M. ... Dental Office Lindgren Paula Foster Care Service SFI Law Group Law Firm Your Scottsdale Dentist Dental Office

Suggested Use

Top Pick Electrical Service Garden Center Building Supply Food Market Grocery & Convenience Store Auto Repair Shop

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

Single-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

2,252
Businesses Nearby
Well-served
Demand for This Use

Demographics for 85254, AZ

46,352
Population
21,469
Households
2.2
Avg Household Size
45
Median Age
60%
College-Educated
97%
High-School Grad
13.7 sq mi
ZIP Area
3,383
Density / Sq Mi
$120,885
Median Household Income
$61,953
Median Earnings
$1,954
Median Rent
$701,900
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 - A dental tenant occupies the built-out suite under a long-term NNN lease with scheduled rent increases.
Where is this medical office space located?
The property is located at 6945 E Sahuaro Dr Ste A-2 Scottsdale, AZ.
What is the asking price?
The asking price for this property is $1,475,000.
What are key features of this property?
This property features: 2,883‑square‑foot dental office condominium; Occupied by a dental tenant under a 10‑year NNN lease; Lease includes 3% escalations
More about this property
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