Two-Suite Office
New
For Sale
Contact for pricing
7900 E Thompson Peak Pkwy, Scottsdale, AZ 85255
Contiguous office suites combine an owner-user workspace with an established neighboring tenancy.
Property Size2,528 SF
Price / SF$430
Days on Market6
Property Features for 7900 E Thompson Peak Pkwy
General Information
Standard status
Active
Size
2,528 SF
Property subtype
OFFICE
Additional Details
Highway Access
Yes
Office Units
2
Amenities
Monument Signage Available
Listing Agency:
Commercial Properties Inc
(602) 809-6570
Listed By:
Eric Butler · License #BR515583000
(602) 809-6570
Source:
Moodyscre
Added: Aug 11
Changed: Aug 16
Last Checked: Aug 16 at 9:16AM
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 Commercial Properties Inc
Investment Insights
Based on property information with market context.
This office offering comprises two contiguous suites totaling 2,528 square feet. One suite is vacant for an owner-user’s practice or business, while the adjoining suite is occupied by an established tenant. The configuration provides separate spaces within a single office asset and supports combined occupancy and tenancy.
The property is located at 7900 E Thompson Peak Pkwy in Scottsdale, Arizona, within North Scottsdale. Monument signage is available, and the site offers access to Loop 101 and proximity to a medical center.
The property is located at 7900 E Thompson Peak Pkwy in Scottsdale, Arizona, within North Scottsdale. Monument signage is available, and the site offers access to Loop 101 and proximity to a medical center.
Key Highlights
- Two contiguous office suites totaling 2,528 square feet
- One suite is vacant for owner‑user occupancy
- Established tenant occupies the adjoining suite
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
$40,023
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
3.68%
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%
$800,460
$800.5K
Cap Rate 7%
$571,757
$571.8K
Cap Rate 9%
$444,700
$444.7K
Market Conditions
NOI Build-Up for 2,528 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
$64.9K $25.68/SF
− Vacancy
−$11.6K −$4.57/SF
EGI
$53.4K $21.11/SF
− OpEx
−$13.3K −$5.28/SF
NOI
$40.0K $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%
$800,460
Cap Rate 7%
$571,757
Cap Rate 9%
$444,700
Alternative Uses
Best Use
Office B
$571.8K
$500.3K – $667.1K
NOI $40,023 @ 7.0% cap · market cap 3.68%
Second Best
—
—
no second resolved use
Theoretical Best
Retail
$829.9K
$726.1K – $968.2K
NOI $58,091 @ 7.0% cap · market cap 5.34%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
2
Office units
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
420
Businesses Nearby
Explore this area
Business Placement
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
Vacancy Rate% for Office in West region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Office units - Contiguous office suites combine an owner-user workspace with an established neighboring tenancy.
Where is this office units located?
The property is located at 7900 E Thompson Peak Pkwy Scottsdale, AZ.
What is the asking price?
The asking price for this property is $1,087,040.
What are key features of this property?
This property features: Two contiguous office suites totaling 2,528 square feet; One suite is vacant for owner‑user occupancy; Established tenant occupies the adjoining suite
