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    FOR LEASE
    Office buildings

    9700 N 91St St, Scottsdale, AZ 85258

    15,212 SF 5.25 ac lot Built 1985
    Entity Owned 4-yr Hold ~ Est. High Equity
    Property ID
    US07-3278361
    Property summary
    AI-generated overview

    This exceptional Scottsdale medical office complex, located at 9700 N 91st St, offers multiple leasing opportunities. The three-building, Class B property totals 75,252 square feet and features spaces ranging from 2,331 to 8,161 contiguous square feet, with a total of 15,681 square feet currently vacant. Built in 1985 and renovated in 1990, the property includes elevators in each building and a landscaped courtyard. Ample parking is provided at a ratio of 4.6 spaces per 1,000 square feet. The property is zoned C-O and situated in the desirable Scottsdale submarket of Maricopa County, Arizona, directly across from HonorHealth Scottsdale Shea Medical Campus. Its convenient location offers easy access to Loop 101 and is surrounded by various dining and retail establishments. The property boasts a two-story configuration and benefits from a high average household income in the surrounding area of $135,408. This presents a unique opportunity for medical professionals seeking a well-maintained, strategically located space within a thriving community. The property's size and layout offer flexibility for various medical practices, with options for expansion up to 8,161 square feet. This prime location in the "Cure Corridor" ensures high visibility and accessibility for patients and staff alike.

    Property profile
    Verified
    Property type Office buildings
    Use group OFFICE BUILDING
    Year built 1985
    Construction CONCRETE
    Total area 15,212 SF
    Lot 5.25 ac (228,690 SF)
    Zoning code C-O
    APN 217-36-343G
    UPID US07-3278361
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Current use
    Occupant on record · Public records
    • Varicose Vein & Aesthetic Solutions Medical Clinic
    • Tammy J. Penhollow, DO Physician
    • Setty Sabitha S MD Physician
    • The Drip House Spa & Massage Center Alternative Medicine Practice
    • Renew Stem Cell And Laser Skin Care Clinic
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    by Request
    CAP Approach CAP
    by Request
    Comparable Approach Comparable
    $5.33M
    Blend (final) Blend
    $5.34M
    Owner & transaction history
    Kagr2 Scottsdale 9700 LLC · 4 yrs held
    Kagr2 Scottsdale 9700 LLC
    since 2022
    7 recorded transactions
    2022
    2019
    $17.1M
    2016
    $9.5M
    2014
    $20.4M
    2007
    2007
    $21.3M
    2005
    $9.1M
    Zoning & alternative use
    C-O · Scottsdale, AZ
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
    Top alternative use upside
    Commercial (general) $7.4M +102.9%
    Retail stores $7.0M +91.0%
    Auto repair, garage $6.3M +70.9%
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    “Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
    More about this property
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