7960 E Thompson Peak Pkwy, Scottsdale, AZ 85255

The Property consists of the entire building within a medical condo complex and is fully leased to a strong, complementary mix of healthcare providers operating on long-term leases with 3.0% annual rent escalations.

Strategically positioned near Loop 101, Mayo Clinic’s Desert Oasis campus, HonorHealth’s planned expansion, and Banner Health’s new Hayden Road development, the Property benefits from exceptional demographics, a strong payer mix, and sustained outpatient medical demand in one of the most affluent and supply-constrained submarkets in the Phoenix MSA.

The Property is anchored by Metro Vein Centers, Desert Orthopedic Center, and ATI Physical Therapy, all operating fully built-out clinical suites with over $100,000 in recent tenant improvements completed within the past year. Lease expirations are well staggered, with two of the three tenants secured through 2034, resulting in a weighted average lease term of approximately 8.7 years.