Medical Condo Complex For
7960 E Thompson Peak Pkwy, Scottsdale, AZ 85255
Fully leased medical condo near Loop 101 and Mayo Clinic.
Type:Office
Property size:
7,822 SFPrice / SF:
$463/SF- Added:
- Feb 18, 2026
- Days on Market:
- 85
- Last Refresh:
- Mar 17 at 1:16 pm
Property Features for 7960 E Thompson Peak Pkwy
General Information
- Standard status
- Active
- Size
- 7,822 SF
- Property subtype
- Office
Building Details
- Year Built
- 2001
Listing agent Kevin Smigiel License #AZ SA672648000
Listing office Transwestern Phoenix
Listing date Feb 18, 2026
Source Crexi
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 Transwestern Phoenix
HighLights
- Fully leased to a strong mix of healthcare providers with long‑term leases and 3.0% annual rent escalations.
- Strategically located near Loop 101, Mayo Clinic, HonorHealth's planned expansion, and Banner Health's new development.
- Anchored by Metro Vein Centers, Desert Orthopedic Center, and ATI Physical Therapy.
- Located in an affluent and supply‑constrained submarket within the Phoenix MSA.
- Weighted average lease term of approximately 8.7 years with staggered lease expirations.
- Recent tenant improvements exceeding $100,000 completed within the past year.
Overview
The property comprises an entire building within a medical condo complex. It is fully leased to a mix of healthcare providers operating under long-term leases with 3.0% annual rent escalations. The property is strategically positioned near Loop 101, Mayo Clinic’s Desert Oasis campus, HonorHealth’s planned expansion, and Banner Health’s new Hayden Road development. It benefits from exceptional demographics, a strong payer mix, and sustained outpatient medical demand in a supply-constrained submarket within the Phoenix MSA. Anchored by Metro Vein Centers, Desert Orthopedic Center, and ATI Physical Therapy, the property features fully built-out clinical suites with over $100,000 in recent tenant improvements completed within the past year. Lease expirations are staggered, with two of the three tenants secured through 2034, resulting in a weighted average lease term of approximately 8.7 years. The property size is 7,822 square feet.
Property Profile
Insight Report
Location Intelligence
Current Use by Public Records
Lee Laura A
Employment Agency
Robert S. Walker, ...
Physician
Jagdeep Singh Sodhi
Physician
Sarim Ahmed
Physician
Dr. Jay Bernstein
Pediatrician
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Location Insight
- Map
- Local Demand
- City
- Scottsdale
- County
- Maricopa
- State
- Arizona
- Longitude
- -111.9095927
- Latitude
- 33.6711914
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FAQs
What type of property is this?
Medical Office Space - Fully leased medical condo near Loop 101 and Mayo Clinic.
Where is this medical office space located?
The property is located at 7960 E Thompson Peak Pkwy Scottsdale, AZ.
What is the asking price?
The asking price for this property is $3,625,000.
What are key features of this property?
This property features: Fully leased to a strong mix of healthcare providers with long‑term leases and 3.0% annual rent escalations.; Strategically located near Loop 101, Mayo Clinic, HonorHealth's planned expansion, and Banner Health's new development.; Anchored by Metro Vein Centers, Desert Orthopedic Center, and ATI Physical Therapy.
