Two-Suite Office
New
For Sale
$1,087,040
7900 E Thompson Peak Pkwy Ste 104 & 105, Scottsdale, AZ 85225
Contiguous office suites provide flexible commercial space with monument signage available.
Property Size2,528 SF
Days on Market4
Property Features for 7900 E Thompson Peak Pkwy Ste 104 & 105
General Information
Standard status
Active
Size
2,528 SF
Class
B
Property subtype
Office
Additional Details
Highway Access
Yes
Amenities
Monument Signage
Building Details
Building Size
2,528 SF
Year Built
2001
Listing Agency:
Commercial Properties Inc
(602) 809-6570
Listed By:
Eric Butler · License #AZ #BR515583000
(602) 809-6570
Source:
Cpiaz
Added: Aug 13
Changed: Aug 16
Last Checked: Aug 16 at 4:35AM
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 includes Suites 104 and 105 as two contiguous units within the same commercial property. The configuration provides a combined office footprint, while available monument signage adds an on-site identification opportunity. The building was constructed in 2001.
Located at 7900 E Thompson Peak Pkwy in Scottsdale, the property offers access to Loop 101 and is near a medical center. The combination of adjoining suites, freeway connectivity, and nearby medical facilities supports a range of office-oriented occupancy plans.
Located at 7900 E Thompson Peak Pkwy in Scottsdale, the property offers access to Loop 101 and is near a medical center. The combination of adjoining suites, freeway connectivity, and nearby medical facilities supports a range of office-oriented occupancy plans.
Key Highlights
- Two contiguous office units: Suites 104 and 105
- Monument signage available
- Loop 101 freeway access
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
Current Use
Lease Details
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
420
Businesses Nearby
Explore this area
Business Placement
Demographics for 85225, AZ
73,551
Population
28,930
Households
2.5
Avg Household Size
35
Median Age
33%
College-Educated
88%
High-School Grad
12.7 sq mi
ZIP Area
5,791
Density / Sq Mi
$86,036
Median Household Income
$45,692
Median Earnings
$1,662
Median Rent
$386,800
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 provide flexible commercial space with monument signage available.
Where is this office units located?
The property is located at 7900 E Thompson Peak Pkwy Ste 104 & 105 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 units: Suites 104 and 105; Monument signage available; Loop 101 freeway access
