5750 Thunderbird Rd Glendale, AZ 85306

This exceptional investment opportunity presents a single-tenant, 6,516-square-foot medical office building situated on a 0.68-acre lot in Glendale, Arizona. The property, built in 2001 and boasting a Class B rating, is currently 100% occupied by HonorHealth Cancer Center Glendale under a lease expiring July 31, 2025. The lease, initiated January 1, 2002, features rent bumps and provides a substantial income stream until lease expiration. The building offers ample parking (6.6 spaces per 1,000 sq ft) and is strategically located at 5750 W Thunderbird Road, Building C, 85306, across from Banner Thunderbird Medical Center. The asking price is $2,950,000, representing a compelling $452.73 per square foot and a 5.93% capitalization rate based on a projected 2024 Net Operating Income (NOI) of $175,000. The interior features a spacious waiting room (approximately 42 chairs), eight exam rooms (including one procedure room), four restrooms, four medical assistant stations, a clean room, a lab, a triage room, a large (approximately 885 sq ft) infusion room, a biohazard closet, six private offices with windows, a large break room with windows, a staff entrance/exit, an IT room, a storage room, and a medication closet. The space could potentially be subdivided. The property's Maricopa County Parcel Number is 200-74-710b. This presents a strong value-add opportunity for an owner/user or investor seeking a prime medical office location in a thriving healthcare market.