5757 Thunderbird RdGlendale, AZ 85306

Property Details for 5757 Thunderbird Rd

Year built

1984

Construction

STEEL FRAME

Lot size

4.69 AC

Property size (Sq ft)

43,009 SF

Zone code

C-2

Property type

Medical offices

Property subtype

Medical centers

APN

200-75-937

APU

20075937

Description

This exceptional Glendale, Arizona medical office building, located at 5757 W Thunderbird Rd, zip code 85306, offers a significant opportunity for medical professionals seeking flexible and spacious accommodations. The property boasts a total of 49,342 square feet, with a substantial 44,784 square feet currently vacant and available for lease. The building is classified as both retail and office space, specifically designated as a medical office building, and features multiple tenancies. This allows for a variety of leasing options to suit diverse needs. Individual suites range from a minimum of 940 square feet to a maximum contiguous space of 4,558 square feet, providing ample room for practices of all sizes. The building's location in Maricopa County ensures convenient access to major transportation routes and a thriving patient base. This is an ideal opportunity to establish or expand a medical practice in a prime Glendale location. The property is ready for immediate occupancy, offering a chance to secure a prominent presence in a bustling commercial area. Contact us today to learn more about leasing options and explore the possibilities this exceptional medical office space presents.

• CAP approach

  CAP return

  Valuation

  6%

  $7,022,931

  6.5%

  $6,482,706

  7%

  $6,019,655

• Comparable approach

  Method

  Valuation

  Relative Method

  $6,629,838

  Geo Method

  $6,629,838

• Alternative Use

  Use

  Valuation

  Residential

  $8,038,555

  Hospitality

  $7,363,273

  Educational

  $6,126,156

  Medical

  $6,336,844

  Retail

  $9,529,577

Location Insight

City

Glendale

County

Maricopa

State

Arizona

Latitude

33.6097

Longitude

-112.183

CBSA code

38060

CBSA name

PHOENIX-MESA-SCOTTSDALE, AZ METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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