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Tatum & Thunderbird Medical Plaza 4845 E Thunderbird Rd

10,617 SF 57% Leased Office Building Scottsdale, AZ 85254 $3,716,000 ($350/SF)

Investment Highlights

  • Attractive Garden-Style Medical Office – Ideal for Owner Occupant
  • Centrally Located With Proximity To - Abrazzo Healthcare Scottsdale (8 Min), Mayo Clinic (10 Min), Honor Health Shea (15 Min)
  • Access to Quality Workforce – Strong Demographics and Educated Workforce
  • Outstanding Scottsdale Location - Near Paradise Valley, Desert Ridge, Northeast Phoenix
  • Vibrant, Amenity Rich Neighborhood – Less Than a Mile North From the 100-Acre $2 Billion PV Development

Executive Summary

Lee & Associates Arizona Commercial Real Estate Services Company (“Exclusive Broker”) is pleased to present the opportunity to acquire the Tatum & Thunderbird Medical Plaza, a ±10,617 square foot, single-story, medical office building located at 4845 East Thunderbird Road in Scottsdale, Arizona 85254 (the “Property”). Constructed in 1988 and renovated in 2009, the Property is situated on a spacious ±.94- acre lot, zoned R-O, City of Phoenix. The Property can accommodate a full-building user.
The Property’s ideal location serves the needs of physicians and patients in the Scottsdale, Paradise Valley, Desert Ridge and northeast Phoenix areas. Highlighting the immediate area is the $2 Billion Redevelopment of the 100-acre site formerly known as Paradise Valley Mall, now known as “PV”. Located along Tatum Boulevard less than one-half mile south of Tatum & Thunderbird Medical Plaza, PV will offer a significant number of popular amenities. Phase I of the project will include retail, dining and entertainment space anchored by Whole Foods Market; AVE Paradise Valley, a 400-unit multifamily community; and a 77,000-square-foot co-headquarters for Fender Musical Instruments Corp. Each component of the development will be linked via centrally located parks. Phase II of the development will include Life Time and Life Time Living, a first-to-market dual fitness and multifamily concept that includes an upscale athletic club and a luxury apartment community. The project is scheduled for completion in 2026.
ALL SHOWINGS ARE BY APPOINTMENT ONLY. PLEASE CONSULT EXCLUSIVE SALES AGENT FOR MORE DETAILS.

Property Facts

Sale Type
Owner User
Property Type
Office
Property Subtype
Medical
Building Size
10,617 SF
Building Class
B
Year Built/Renovated
1988/2009
Price
$3,716,000
Price Per SF
$350
Percent Leased
57%
Tenancy
Multiple
Building Height
1 Story
Typical Floor Size
10,617 SF
Building FAR
0.26
Land Acres
0.94 AC
Zoning
R-O, Phoenix - For zoning details visit: https://phoenix.municipal.codes/ZO/620
Parking
50 Spaces (4.71 Spaces per 1,000 SF Leased)

Amenities

  • Signage

Space Availability

  • Space
  • Size
  • Space Use
  • Condition
  • Available
  • 1st Fl-Ste 1
  • 4,736 SF
  • Office/Medical
  • -
  • May 2025
  • 1st Fl-Ste 2
  • 2,916 SF
  • Office/Medical
  • Partial Build-Out
  • Now

Suite 2 is available sporting ±2,916 SF with a private restroom, private offices, conference room, and more. Call for additional suite details.

  • 1st Fl-Ste 3
  • 1,697 SF
  • Office/Medical
  • -
  • Now

Suite 3 sports 1,697 SF of open office with a restroom, reception, and multiple offices. Call for additional suite details, available 10/15/2024.

  • 1st Fl-Ste 4
  • 1,268 SF
  • Office/Medical
  • Partial Build-Out
  • May 2025

Suite 4 is coming available May 2025 sporting 8 rooms, a bathroom, and a waiting room area.

Space Size Space Use Condition Available
1st Fl-Ste 1 4,736 SF Office/Medical - May 2025
1st Fl-Ste 2 2,916 SF Office/Medical Partial Build-Out Now
1st Fl-Ste 3 1,697 SF Office/Medical - Now
1st Fl-Ste 4 1,268 SF Office/Medical Partial Build-Out May 2025

1st Fl-Ste 1

Size
4,736 SF
Space Use
Office/Medical
Condition
-
Available
May 2025

1st Fl-Ste 2

Size
2,916 SF
Space Use
Office/Medical
Condition
Partial Build-Out
Available
Now

1st Fl-Ste 3

Size
1,697 SF
Space Use
Office/Medical
Condition
-
Available
Now

1st Fl-Ste 4

Size
1,268 SF
Space Use
Office/Medical
Condition
Partial Build-Out
Available
May 2025

1st Fl-Ste 1

Size 4,736 SF
Space Use Office/Medical
Condition -
Available May 2025

1st Fl-Ste 2

Size 2,916 SF
Space Use Office/Medical
Condition Partial Build-Out
Available Now

Suite 2 is available sporting ±2,916 SF with a private restroom, private offices, conference room, and more. Call for additional suite details.

1st Fl-Ste 3

Size 1,697 SF
Space Use Office/Medical
Condition -
Available Now

Suite 3 sports 1,697 SF of open office with a restroom, reception, and multiple offices. Call for additional suite details, available 10/15/2024.

1st Fl-Ste 4

Size 1,268 SF
Space Use Office/Medical
Condition Partial Build-Out
Available May 2025

Suite 4 is coming available May 2025 sporting 8 rooms, a bathroom, and a waiting room area.

Bike Score ®
Very Bikeable (79)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
167-05-577
Land Assessment
$0 (2025)
Improvements Assessment
$0 (2025)
Total Assessment
$298,711 (2025)
  • Listing ID: 33689532

  • Date on Market: 10/30/2024

  • Last Updated:

  • Address: 4845 E Thunderbird Rd, Scottsdale, AZ 85254

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