Property profile

0 Shea Blvd Scottsdale, AZ 85259

OFF-MARKET
Retail properties & Spaces
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Property summary

AI-generated overview

This exceptional commercial property, situated at the prominent corner of N 114th St and E Shea Blvd in Scottsdale, Arizona (zip code 85259), offers two available medical office spaces totaling 12,303 square feet of vacant space. Each space is divisible, with a minimum of 5,100 square feet and a maximum contiguous space of 7,203 square feet. The property boasts unparalleled visibility along one of Scottsdale's busiest thoroughfares, E Shea Blvd, with an average daily traffic count exceeding 44,000 vehicles. This high-traffic location provides an excellent opportunity for monument signage, maximizing brand exposure. The property's strategic location is further enhanced by its proximity to major healthcare facilities, including the Mayo Clinic and Honor Health, both within a 3-mile radius. These renowned hospitals, with their extensive services and patient volume, create a robust and captive audience for medical-related businesses. A new 3,000 square foot Verizon Wireless store at the corner of the site will further increase foot traffic and customer presence. The property offers convenient access via two points off N 114th St and ample parking for tenants and customers. The surrounding area features complementary retail establishments and residential neighborhoods, creating a strong consumer base with an average household income exceeding $100,000 within a two-mile radius. A population of over 102,624 people resides within a five-mile radius. The property is ideal for a variety of medical uses, including urgent care, drugstores, and dental or medical offices. This is a rare opportunity to secure a high-profile location in a thriving Scottsdale market.

Property profile

Verified
Property type Retail properties & Spaces

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

Shea Blvd Scottsdale, AZ 85259
Scottsdale metro
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Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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