For Sale
$14,525,000

10001 92Nd St Scottsdale, AZ 85258

116,200 SF Medical Office, Redevelopment Opportunity

Overview

Added:
Dec 11, 2024
Days on market:
137
This exceptional 116,200-square-foot, two-story Class A medical office building presents a unique redevelopment opportunity in Scottsdale, Arizona. Situated on a substantial 7.44-acre lot at 10001 N 92nd St, 85258, this vacant property boasts timeless architecture with a red brick exterior, tinted spandrel glass, and seven second-floor balconies offering stunning McDowell Mountain views. The building, constructed in 1997, features ample parking with a 5.47 spaces per 1,000 square feet ratio, including surface parking and a two-level detached structure. Its prime location directly across from the HonorHealth Shea Medical Center (a 433-bed facility) within a thriving Scottsdale office submarket (nearly 1 million square feet of gross leasing activity in 2023) offers unparalleled potential. The property is currently a "blank slate," having been recently returned to shell condition, allowing for the creation of a state-of-the-art medical or general office space. Fully permitted plans with the City of Scottsdale are included, encompassing common area upgrades, exterior enhancements, restroom improvements, spec suites, an exterior lounge, and a coffee bar. Conveniently located near abundant walkable retail amenities, including a Sprouts Farmers Market, and with easy access to two Loop 101 Freeway interchanges, this property offers exceptional visibility and accessibility. The C-O zoning allows for diverse uses, including general office, veterinary hospital, daycare center, school, health and fitness facilities, and medical labs. The asking price is $14,525,000 ($125 per square foot). APN: 217-36-160A.

Highlights

  • Class A, 2-story office building totaling ±116,200 rentable square feet.
  • ±7.44-acre site in Scottsdale, across from HonorHealth Shea Medical Center, ideal for redevelopment.
  • Red brick exterior, tinted spandrel glass, seven 2nd-floor balconies with McDowell Mountain views.
  • Ample parking: ±5.47 spaces per 1,000 SF.
  • High-demand Central Scottsdale location; strong leasing activity.
  • Demolished interior allows for build-to-suit office or medical space.

Property Details for 10001 92Nd St

Property type
Office properties, Medical offices
Square Feet
116,200 SF
Year Built
1997
Stories
2
Lot Size (sq. ft)
324,086 SF

Location Insight

City
Scottsdale
County
Maricopa
State
Arizona
Latitude
33.577246
Longitude
-111.879423

FAQs

What type of property is this?
Office property - 116,200 SF Medical Office, Redevelopment Opportunity
Where is the office property located?
The property is located at 10001 92Nd St Scottsdale, AZ.
What is the asking price?
The asking price for this property is $14,525,000.
What are key features of this property?
This property features: Class A, 2-story office building totaling ±116,200 rentable square feet.; ±7.44-acre site in Scottsdale, across from HonorHealth Shea Medical Center, ideal for redevelopment.; Red brick exterior, tinted spandrel glass, seven 2nd-floor balconies with McDowell Mountain views.
How can I contact the broker?
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10001 92Nd St
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