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7960 E Thompson Peak Pkwy Scottsdale, AZ 85255

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For Sale
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Fully leased medical condo near Loop 101 and Mayo Clinic.

Property size:
7,822 SF
Lot size:
10,689.00 Acres

Property Features for 7960 E Thompson Peak Pkwy

General Information

Standard status
Active
Zoning
C-O
Size
7,822 SF
Lot size
10,689.00 Acres

Building Details

Year built
2001

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Listing Contact
Kevin Smigiel
Source: Crexi

Listing Agency: Transwestern Phoenix Listing Agent: Kevin Smigiel

Displayed information is deemed reliable but is not guaranteed and should be independently verified.

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Overview

Medical Condo Complex For Sale

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.
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

Suggested Use

Restaurant Real Estate Agency Law Firm Building Supply Spa & Massage Center Dental Office Big Box & Wholesale Store Auto Repair Shop Hair Salon Nail Salon

Zoning and permitted uses should be independently verified with local authorities.

Similar Places Nearby

Home Veterinary Care, PLLC, Animal Hospital at Grayhawk

Location Insight

  • Map
  • Local Demand
City
Scottsdale
County
Maricopa
State
Arizona
Longitude
-111.9095927
Latitude
33.6711914

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 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.
More about this property
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