4845 E Thunderbird Rd - Medical FOR SALE


Scottsdale, AZ 85254
$3,716,000 USD
602-474-9588
4845 E Thunderbird Rd, Scottsdale, AZ for Sale
$3,716,000 USD
Medical - FOR SALE
1/10
null | Request Cap Rate

Apr '25


4845 E Thunderbird Rd
Scottsdale, AZ 85254


HIGHLIGHTS

  • Attractive Garden-Style Medical Office – Ideal for Owner Occupant
  • Outstanding Scottsdale Location - Near Paradise Valley, Desert Ridge, Northeast Phoenix
  • Centrally Located With Proximity To - Abrazzo Healthcare Scottsdale (8 Min), Mayo Clinic (10 Min), Honor Health Shea (15 Min)
  • Vibrant, Amenity Rich Neighborhood – Less Than a Mile North From the 100-Acre $2 Billion PV Development
  • Access to Quality Workforce – Strong Demographics and Educated Workforce

OVERVIEW

Lee & Associates Arizona Commercial Real Estate Services Company (“Exclusive Broker”) is pleased to present the opportunity to acquire the Tatum & Thunderbird Medical Plaza, a ±10,617 square foot, single-story, medical office building located at 4845 East Thunderbird Road in Scottsdale, Arizona 85254 (the “Property”). Constructed in 1988 and renovated in 2009, the Property is situated on a spacious ±.94- acre lot, zoned R-O, City of Phoenix. The Property can accommodate a full-building user. The Property’s ideal location serves the needs of physicians and patients in the Scottsdale, Paradise Valley, Desert Ridge and northeast Phoenix areas. Highlighting the immediate area is the $2 Billion Redevelopment of the 100-acre site formerly known as Paradise Valley Mall, now known as “PV”. Located along Tatum Boulevard less than one-half mile south of Tatum & Thunderbird Medical Plaza, PV will offer a significant number of popular amenities. Phase I of the project will include retail, dining and entertainment space anchored by Whole Foods Market; AVE Paradise Valley, a 400-unit multifamily community; and a 77,000-square-foot co-headquarters for Fender Musical Instruments Corp. Each component of the development will be linked via centrally located parks. Phase II of the development will include Life Time and Life Time Living, a first-to-market dual fitness and multifamily concept that includes an upscale athletic club and a luxury apartment community. The project is scheduled for completion in 2026. ALL SHOWINGS ARE BY APPOINTMENT ONLY. PLEASE CONSULT EXCLUSIVE SALES AGENT FOR MORE DETAILS.

FOR SALE DETAILS

PRICE

$3,716,000 USD

PRICE/SF

$350 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Owner User

BUILDING DETAILS

PROPERTY NAME

Tatum & Thunderbird Medical Plaza

PROPERTY TYPE

Office

PROPERTY SUBTYPE

Medical

TOTAL BUILDING SIZE

-

STORIES

1

BUILDING CLASS

B

YEAR BUILT

1988

SPRINKLERS

-

PARKING SPACES

50

LAND DETAILS

LAND ACRES

0.94 AC

LAND SF

40,946 SF

ZONING

R-O, Phoenix

APN/PARCEL ID

167-05-577

ASK ABOUT THIS PROPERTY

Steve GonzalezLee & AssociatesMore Info
602-474-9588

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.

Steve GonzalezLee & AssociatesMore Info
602-474-9588

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.