5422 Thunderbird RdGlendale, AZ 85306

Property Details for 5422 Thunderbird Rd

Year built

1974

Construction

CONCRETE

Lot size

2.83 AC

Property size (Sq ft)

31,378 SF

Zone code

R-4

Property type

Healthcare properties

Property subtype

Medical offices

APN

231-03-001Q

APU

23103001Q

Description

This exceptional medical office space, located at 5422 W Thunderbird Rd in Glendale, Arizona, presents a fantastic opportunity for medical professionals seeking a prime location in Maricopa County. The property, known as Thunderbird Medical Plaza I, is a single-story Class B building totaling 31,329 square feet. This specific suite is newly completed and will be available for occupancy on October 1st, 2024. The building features a multi-tenant configuration, providing a collaborative and professional environment. The address is conveniently situated in Glendale, AZ, zip code 85306, offering easy access for patients and staff. This is a single building, one-story medical office space ideal for a variety of medical practices. The suite's size will be confirmed upon request. The property's location within Maricopa County provides excellent visibility and accessibility, making it an attractive option for establishing or expanding a medical practice. Interested parties are encouraged to inquire for further details regarding lease terms and suite specifications. Don't miss this chance to secure a modern, well-located medical office space in a thriving Glendale community.

• CAP approach

  CAP return

  Valuation

  6%

  $5,123,708

  6.5%

  $4,729,576

  7%

  $4,391,749

• Comparable approach

  Method

  Valuation

  Relative Method

  $4,836,918

  Geo Method

  $4,836,918

• Alternative Use

  Use

  Valuation

  Residential

  $5,864,674

  Hospitality

  $5,372,010

  Educational

  $4,469,450

  Medical

  $4,623,160

  Retail

  $6,952,476

Location Insight

City

Glendale

County

Maricopa

State

Arizona

Latitude

33.6115

Longitude

-112.176

CBSA code

38060

CBSA name

PHOENIX-MESA-SCOTTSDALE, AZ METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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