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Property profile

7231 Princess Blvd Scottsdale, AZ 85255

OFF-MARKET
Office Spaces
Property ID
US07-1017417
View Sample
40,000 SF Built 2007

Property summary

AI-generated overview

This Class A, two-story office building, constructed in 2007, offers 40,000 square feet of versatile space in the desirable Scottsdale Airpark submarket. Located at 7231 E Princess Blvd, Scottsdale, AZ 85255, near Princess Blvd. and Scottsdale Rd., this property boasts convenient access and high visibility. Multiple tenancy options are available, with spaces ranging from a minimum of 1,196 square feet to a maximum contiguous space of 2,917 square feet. Currently, 4,113 square feet is vacant. The building features elevators and is ideally situated for medical practices and businesses seeking a prestigious address. Its location at the entrance to the Fairmont Princess Hotel provides exceptional exposure and benefits from the high volume of traffic generated by the hotel and its clientele. The property's proximity to major healthcare providers, including HonorHealth Thompson Peak, HonorHealth Shea, Abrazo Scottsdale, and Mayo Clinic, further enhances its appeal to medical professionals. This is an exceptional opportunity to establish or expand your business in a thriving, high-end professional environment in North Scottsdale.

Property profile

Verified
Property type Office Spaces
Year built 2007
Total area 40,000 SF
UPID US07-1017417

Cap rate & NOI

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

Current use

Occupant on record · Public records
  • Hospital
  • Dental Office
  • Alternative Medicine Practice Spa & Massage Center
  • Medical Clinic Hospital
  • Dental Office

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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