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Medical Office Trades in Desirable South Scottsdale Submarket

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  • Medical Office Trades in Desirable South Scottsdale Submarket
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May 26, 2017
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SCOTTSDALE, Arizona – Situated along Civic Center Plaza, the ±16,919-square-foot Scottsdale Medical Building closed for $2.65 million ($156.63 PSF). The building sits adjacent to HonorHealth Scottsdale Osborn Medical Center. Nearby amenities include Scottsdale Stadium, Civic Center Mall, Scottsdale Fashion Square, and Old Town Scottsdale’s shopping, bars and restaurants.

J.T. Taylor and Nick Miner, CCIM of ORION Investment Real Estate exclusively represented the Buyer. "The Buyer was able to acquire one of the few medical office properties adjacent to HonorHealth Scottsdale Osborn Medical Center. The Buyer plans to renovate and re-position the property in order to re-lease the remaining space," said Taylor.

The Buyer was 6 Turns, LLC, a subsidiary of SEBO Enterprises, LLC. The Seller was 3271 Civic Center, LLC, represented by Kelly O’Dea of LevRose.

 

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