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Medical Plaza Lease Opportunity
For Lease
$28.75 SF/Yr

5010-5020-5040 East Shea Boulevard, Scottsdale, AZ 85254

Medical plaza for lease in established healthcare community.

Space SizeContact for details
Days on Market273

Property Features for 5010-5020-5040 East Shea Boulevard

General Information

Standard status Active
Property subtype Healthcare
Listing Agency: CBRE - Phoenix
Listed By: Philip Wurth, CCIM
Source: Cbre
Added: Nov 22, 2025 Changed: Aug 9 Last Checked: Aug 22 at 1:03PM

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 CBRE - Phoenix

Investment Insights

Based on property information with market context.

This three-building medical plaza offers a leasing opportunity within an established healthcare community. The property is located 1.5 miles from the Paradise Valley mall redevelopment, 2 miles from AZ 51, and 5 miles from Camelback Mountain.

Key Highlights

  • Prime lease opportunity in a well‑established healthcare community.
  • Located 1.5 miles from the Paradise Valley mall redevelopment.
  • Positioned 2 miles from AZ 51.

Property Analytics

Current Use

Medical Office Space

Lease Details

NNN (Triple Net)
Lease Type
$4.31 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

162
Businesses Nearby
Under-served
Demand for This Use

Demographics for 85254, AZ

46,352
Population
21,469
Households
2.2
Avg Household Size
45
Median Age
60%
College-Educated
97%
High-School Grad
13.7 sq mi
ZIP Area
3,383
Density / Sq Mi
$120,885
Median Household Income
$61,953
Median Earnings
$1,954
Median Rent
$701,900
Median Home Value

Market

Lease Benchmarks for Scottsdale, AZ

$26.91 /SF/Yr
Avg Asking Price
$25–$29.5 /SF/Yr
Price Range
15,634 SF
Avg Space Size

This space is priced 7% above the average of $26.91 /SF/Yr.

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
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Frequently Asked Questions

What type of property is this?
Medical Office Space - Medical plaza for lease in established healthcare community.
Where is this medical office space located?
The property is located at 5010-5020-5040 East Shea Boulevard Scottsdale, AZ.
What is the lease rate?
The lease rate is $28.75 SF/Yr.
What are key features of this property?
This property features: Prime lease opportunity in a well‑established healthcare community.; Located 1.5 miles from the Paradise Valley mall redevelopment.; Positioned 2 miles from AZ 51.
More about this property
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