5530 E Shea Blvd - 16bd New Construction Luxury Assisted Living 9,153 SF Health Care Building Offered at $6,200,000 at a 13.44% Cap Rate in Scottsdale, AZ 85254

5530 E Shea Blvd presents an opportunity to acquire a newly constructed, institutional-quality assisted living asset in Scottsdale’s highly affluent Kierland submarket—one of the most supply-constrained and demographically favorable senior housing markets in the Southwest. Delivered in 2026, the property is a purpose-built, Class A facility designed to meet increasing demand for high-acuity, private-pay senior care within a boutique, resident-focused setting.
The asset is positioned to deliver durable, needs-based cash flow supported by strong fundamentals, including above-average household incomes, a rapidly growing senior population, and immediate proximity to premier healthcare providers and lifestyle amenities. Its smaller-format, luxury model allows for premium pricing, operational efficiency, and alignment with evolving senior housing trends.
For institutional investors, the offering provides stable, long-term income with inflation-resistant characteristics, coupled with the benefits of new construction and minimal near-term capital requirements. The high-barrier-to-entry North Scottsdale location further enhances long-term value preservation and rent growth potential.
Ownership is offering flexible acquisition structures to accommodate a range of investment strategies. In addition to a traditional fee-simple acquisition, the seller is open to executing a sale-leaseback, creating an immediately stabilized investment profile. Under this structure, the operator would remain in place on a 5-year absolute NNN lease, delivering passive income with limited landlord responsibilities and enhanced income certainty. The lease is targeted at a ~10.0% cap rate, offering an attractive yield relative to comparable healthcare assets, while preserving the same pricing as the vacant/operational acquisition scenario.
This dual-path structure enables institutional buyers to either acquire a stabilized, income-producing asset with in-place operations, or pursue a more direct ownership and operational strategy—positioning the investment for both current yield and long-term appreciation within a fundamentally strong and recession-resilient asset class.