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Medical Office Condominium
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7514 E Monterey Way #3, Scottsdale, AZ 85251

Suite 3 offers an established medical office setting within a Scottsdale professional center.

Property Size2,370 SF
Price / SF$650
Days on Market59

Property Features for 7514 E Monterey Way #3

General Information

Standard status Active
Size 2,370 SF
Class B
Property subtype Office
Zoning SR-City of Scottsdale
Investment Type Owner/User

Additional Details

Highway Access Yes

Building Details

Year Built 1979
Stories 1
Listing Agency: The Menlo Group Commercial Real Estate LLC
Listed By: Steve Berghoff · License #AZ BR581000000
Source: Crexi
Added: Jul 6 Changed: Aug 30 Last Checked: Aug 30 at 11:31AM

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 The Menlo Group Commercial Real Estate LLC

Investment Insights

Based on property information with market context.

Suite 3 is a 2,370-square-foot medical office condominium at Plaza De Los Medicos Center, constructed in 1979. The property is designated SR-City of Scottsdale and provides a dedicated professional setting for medical office operations or related office use.

The condominium is located at 7514 E. Monterey Way in Scottsdale, with access to Old Town Scottsdale’s dining, entertainment, retail, and cultural amenities. The property also offers connectivity to Loop 101, Sky Harbor Airport, Tempe, and Downtown Phoenix, along with nearby Scottsdale shopping, hospitality, and recreational destinations.

Key Highlights

  • 2,370 SF medical office condominium
  • Suite 3 at Plaza De Los Medicos Center
  • Constructed in 1979

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

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
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 - Suite 3 offers an established medical office setting within a Scottsdale professional center.
Where is this medical office space located?
The property is located at 7514 E Monterey Way #3 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 medical office condominium; Suite 3 at Plaza De Los Medicos Center; Constructed in 1979
(480) 659-1777 Call to check price and availability
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