Investment Overview

Marcus and Millichap is pleased to offer the opportunity to acquire 10213 N. 92nd St Suite H-101, Scottsdale, AZ (the “Property” or “Asset”), a ±4,322 square foot class A Medical office condominium leased to a premier medical practice via a sale leaseback. The Asset is located in North Scottsdale and Paradise Valley’s preeminent medical corridor and adjacent to Honor Health’s Scottsdale Shea Medical Campus. This generational piece of real estate is offered as a direct sale leaseback to The Pain Experts of Arizona, PC, who will execute a new 10-year NNN lease, commencing at close of escrow. The lease will be structured with 3.00% annual rent increases over the life of the lease and will include two (2), five-year renewal options at 95% of fair market rental rates. This state-of-the-art facility recently underwent an interior renovation in 2024, at total investment of over $350,000 ($80/SF), prior to the Pain Experts of Arizona taking occupancy.