4845 Thunderbird RdScottsdale, AZ 85254

Property Details for 4845 Thunderbird Rd

Year built

1988

Construction

STEEL FRAME

Lot size

0.94 AC

Property size (Sq ft)

10,419 SF

Zone code

R-O

Property type

Healthcare properties

Property subtype

Medical offices

APN

167-05-577

APU

16705577

Description

This exceptional 10,617 square foot Class B office building, located at 4845 E Thunderbird Rd, Scottsdale, AZ 85254, presents a unique investment opportunity. Built in 1988, the Tatum & Thunderbird Medical Plaza offers multiple tenancy options, with a flexible minimum divisible space of 1,697 square feet and a maximum contiguous space of 6,004 square feet. Currently, the entire 10,617 square feet is vacant and immediately available. The property boasts a convenient parking ratio of 4.71 spaces per 1,000 square feet. Individual suites offer a variety of layouts to suit diverse business needs. One suite features approximately 2,916 square feet, including a private restroom, private offices, and a conference room. Another suite offers 1,697 square feet of open office space, complete with a restroom, reception area, and multiple offices. This prime Scottsdale location provides excellent visibility and accessibility, making it an ideal choice for medical practices or executive offices. Suite 3 will be available October 15, 2024. Contact us today to schedule a viewing and explore the possibilities.

• CAP approach

  CAP return

  Valuation

  6%

  $3,054,663

  6.5%

  $2,819,689

  7%

  $2,618,283

• Comparable approach

  Method

  Valuation

  Relative Method

  $2,350,318

  Geo Method

  $2,350,318

• Alternative Use

  Use

  Valuation

  Residential

  $3,496,414

  Hospitality

  $3,202,697

  Educational

  $2,664,606

  Medical

  $2,756,246

  Retail

  $4,144,943

Location Insight

City

Scottsdale

County

Maricopa

State

Arizona

Latitude

33.6111

Longitude

-111.976

CBSA code

38060

CBSA name

PHOENIX-MESA-SCOTTSDALE, AZ METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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