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Scottsdale Medical Office Space Available
For Lease
$29 SF/Yr

7221 East Princess Drive, Scottsdale, AZ 85255

Premier medical office space in thriving Scottsdale healthcare corridor.

Space SizeContact for details
Days on Market150

Property Features for 7221 East Princess Drive

General Information

Standard status Active
Property subtype Healthcare
Listing Agency: CBRE | Phoenix
Listed By: Philip Wurth, CCIM
Source: Cbre
Added: Mar 25 Changed: Jul 10 Last Checked: Aug 21 at 5:01AM

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 CBRE | Phoenix

Investment Insights

Based on property information with market context.

This property offers premier space options designed for healthcare providers seeking a functional environment in one of the Valley’s most desirable medical hubs. Strategically positioned near major hospitals and specialty care facilities, the property provides a strong foundation for medical, dental, and wellness practices looking to establish or expand within North Scottsdale’s thriving healthcare corridor. The property consists of prime medical office buildings with customizable suites and contemporary finishes. Generous Tenant Improvement allowances are available for medical buildouts. Ample parking and convenient access from major arterial roads are available. The property is ideal for physicians, specialists, and wellness providers seeking long-term stability and growth. The property size is 11304 square feet.

Key Highlights

  • Premier location in North Scottsdale's thriving healthcare corridor, near major hospitals and specialty care facilities.
  • Customizable suites with contemporary finishes designed for healthcare providers.
  • Generous Tenant Improvement (TI) allowances available for medical buildouts.

Property Analytics

Current Use

Enza Duda with ... Real Estate Agency

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store Daycare Center Grocery & Convenience Store Plumbing Service Butcher 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

NNN (Triple Net)
Lease Type
$4.35 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

835
Businesses Nearby
Under-served
Demand for This Use

Demographics for 85255, AZ

44,976
Population
23,016
Households
2
Avg Household Size
51
Median Age
68%
College-Educated
98%
High-School Grad
88.2 sq mi
ZIP Area
510
Density / Sq Mi
$143,567
Median Household Income
$93,339
Median Earnings
$2,401
Median Rent
$975,300
Median Home Value

Market

Lease Benchmarks for Scottsdale, AZ

$26.91 /SF/Yr
Avg Asking Price
$25–$29.5 /SF/Yr
Price Range
15,634 SF
Avg Space Size

This space is priced 8% above the average of $26.91 /SF/Yr.

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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Similar Off Market Nearby

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Frequently Asked Questions

What type of property is this?
Medical Office Space - Premier medical office space in thriving Scottsdale healthcare corridor.
Where is this medical office space located?
The property is located at 7221 East Princess Drive Scottsdale, AZ.
What is the lease rate?
The lease rate is $29 SF/Yr.
What are key features of this property?
This property features: Premier location in North Scottsdale's thriving healthcare corridor, near major hospitals and specialty care facilities.; Customizable suites with contemporary finishes designed for healthcare providers.; Generous Tenant Improvement (TI) allowances available for medical buildouts.
More about this property
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