Office Medical
Rembrandt Surgery Center - Scottsdale
8570 E Shea Blvd, Scottsdale, AZ 85260
Listing Price: $6,218,000
Investment Overview
Marcus and Millichap is pleased to offer the opportunity to acquire 8750 E. Shea Blvd, Bldg. F, Scottsdale, AZ (the “Property” or “Asset”), a ± 6,477 square foot class ambulatory surgery center (“ASC”) leased to a premier medical practice via a sale leaseback. The Asset is in North Scottsdale and Paradise Valley’s preeminent medical corridor and located just over one mile from the Honor Health’s Scottsdale Shea Medical Campus.
The Asset is being offered through a direct sale-leaseback with Rembrandt Outpatient Surgery Center, PLLC, who will execute a new 10-year NNN lease, commencing at close of escrow. The lease will be structured with 3.00% fixed annual rent increases over the term and includes two (2) additional five-year renewal options, delivering long-term income stability and built-in growth.
This state-of-the-art facility recently underwent a complete interior renovation in 2024, with a total investment of just under $2,500,000 ($385/SF) prior to Rembrandt Outpatient Surgery Center taking occupancy.
Investment Highlights
- This state-of-the-art facility underwent a comprehensive interior renovation in 2024, with a total investment of just under $2,500,000 ($385/SF)
- New lease will commence at closing with 10 years of firm lease term with favorable 3.00% annual rent increases
- Centrally Located in Scottsdale and Adjacent to Paradise Valley, Arizona's Most Affluent Community
Exclusively Listed By
Listing Price: $6,218,000
Investment Highlights
- This state-of-the-art facility underwent a comprehensive interior renovation in 2024, with a total investment of just under $2,500,000 ($385/SF)
- New lease will commence at closing with 10 years of firm lease term with favorable 3.00% annual rent increases
- Centrally Located in Scottsdale and Adjacent to Paradise Valley, Arizona's Most Affluent Community
Investment Overview
Marcus and Millichap is pleased to offer the opportunity to acquire 8750 E. Shea Blvd, Bldg. F, Scottsdale, AZ (the “Property” or “Asset”), a ± 6,477 square foot class ambulatory surgery center (“ASC”) leased to a premier medical practice via a sale leaseback. The Asset is in North Scottsdale and Paradise Valley’s preeminent medical corridor and located just over one mile from the Honor Health’s Scottsdale Shea Medical Campus. The Asset is being offered through a direct sale-leaseback with Rembrandt Outpatient Surgery Center, PLLC, who will execute a new 10-year NNN lease, commencing at close of escrow. The lease will be structured with 3.00% fixed annual rent increases over the term and includes two (2) additional five-year renewal options, delivering long-term income stability and built-in growth. This state-of-the-art facility recently underwent a complete interior renovation in 2024, with a total investment of just under $2,500,000 ($385/SF) prior to Rembrandt Outpatient Surgery Center taking occupancy.
Exclusively Listed By