Listing provided courtesy of Prestige Realty- MLS# 6980286MLS Provider

9900 E LUXURY ASSISTED LIVING BoulevardScottsdale, AZ 85260

Commercial · 16,000 Sq. ft. | 0.77 Acres
$8,999,900 Active

9900 E LUXURY ASSISTED LIVING Boulevard Overview

Time on Site:
144 days
Visits:
1

Located at the intersection of Jenan Drive and Cortez Street in Scottsdale, this premier health care and assisted living real estate offering presents a rare opportunity to acquire both the real estate and operating business of a luxury residential assisted living facility that has been in operation for 11 years. The property benefits from a highly visible location with exposure to more than 9,000 vehicles per day. It serves a densely populated trade area of over 515,900 residents who generated more than $437 million in medical spending in 2024. Within a five-mile radius, the property provides direct access to an aging population of over 39,000 residents aged 65 and older, supporting sustained long-term demand for senior housing and assisted living services. The property offers proximity to Loop 101 and close adjacency to HonorHealth Scottsdale Shea Medical Center, making it ideally positioned for health care operators. This luxury assisted living campus is offered for sale as real estate and a business, featuring approximately 16,000 square feet across a thoughtfully designed complex. The property includes 21 full-size bedrooms and 22.5 full-size bathrooms with walk-in showers, three large commercial-grade kitchens, five laundry rooms, multiple patios, serene outdoor walkways, and a central courtyard surrounded by covered patios, creating a safe and tranquil environment for residents. Additional amenities include a medication and supply room, a large administrative office, a dedicated rehab and workout room, an on-site beauty salon, and two casitas, along with private living quarters suitable for live-in. The building is divided into three distinct sections, including a 7,000squarefoot assisted living care home with 13 bedrooms and 13.5 bathrooms, a 4,200squarefoot casita with four bedrooms and five bathrooms, and a 3,000squarefoot structure featuring an upstairs apartment, downstairs bedrooms, and a garage with four bedrooms and four bathrooms. The property is licensed for 10 beds, with the ability to increase capacity to 16 residents at no additional cost, providing immediate upside potential for operators.

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9900 E LUXURY ASSISTED LIVING Boulevard Facts & Features

  • Type Commercial
  • Sq. ft. 16,000
  • Price/Sq.ft. $562
  • Lot 0.77 Acres

Details

General

Income/Expenses

  • Existing Lease Type: None
  • Net Operating Income: 560000.0
  • Operating Expense Includes: Licenses,See Remarks,Accounting,Legal,Supplies,Utilities,Insurance,Advertising,Taxes - Real Estate,Taxes - Payroll,Equipment Rental,Repairs,Payroll,Telephone,Owners Draw

Business Information

  • Business Type: Health Services
  • Hours Days Of Operation: 7 Days/Week

Location/Region

  • Country: US
  • County Or Parish: Maricopa
  • Postal City: Scottsdale
  • Subdivision Name: DESERT WIND UNIT 2

General Information

  • Disclosures: Seller Prop Disc Stm
  • Listing Terms: Owner May Carry,SBA,1031 Exchange,Conventional
  • Parcel Number: 217-26-233
  • Property Type: Business Opportunity

Interior

Beds/Baths

  • Bathrooms Total: 0

General Information

  • Electric: APS,City Electric,Underground,Individual Meter
  • Living Area: 16000.0

Exterior

Parking Information

  • Open Parking Spaces: 10.0
  • Parking Features: Off Street,Parking Lot,See Remarks,Paved,Private,Free

Lot Information

  • Lot Size Acres: 0.77
  • Lot Size Area: 33562.0
  • Lot Size Square Feet: 33562.0
  • Lot Size Units: Square Feet
  • Water Source: City Franchise

Building Exterior/Construction

  • Attached Garage: false

General Information

  • Covered Spaces: 4.0
  • Sewer: Public Sewer

9900 E LUXURY ASSISTED LIVING Boulevard Neighborhood

Community

85260 (SCOTTSDALE) Demographics

46
Median Age
2,837
Population Density (per sq. mile)
66%
College Educated
$86,274
Estimated Median Income
11,527
Estimated Total Home Owners
7,727
Estimated Total Renters
60% / 40%
Estimated Owner / Renter Divide
2
Estimated Average Household Size
Community data courtesy of LiveBy, Inc.

Schools

School data courtesy of LiveBy, Inc. School ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating.

9900 E LUXURY ASSISTED LIVING Boulevard Monthly Cost

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* All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

9900 E LUXURY ASSISTED LIVING Boulevard Market Data

Based on the last 30 days in this zip code

$1,336,456
Average List Price
$554
Average Price per Square Foot
53
Properties Sold
84
Average Days on Market
241
Properties for Sale
Calculations provided by Reliance Network

9900 E LUXURY ASSISTED LIVING Boulevard History

Date Event Value Agent
2/5/2026Source: ARMLS - Greater Phoenix Area, Casa Grande, and Sierra Vista Area Added to Database
February 05, 2026