8476 Thunderbird RdPeoria, AZ 85381

  • Office properties
  • 10,830 SF
For Lease
$21/SF/YR View listing

Property Details for 8476 Thunderbird Rd

Year built
2004
Construction
CONCRETE
Lot size
1.10 AC
Property size (Sq ft)
10,830 SF
Zone code
C-2
Property type
Office properties
Property subtype
Office buildings
APN
231-14-367
APU
23114367

Description

This exceptional sublease opportunity presents 2,151 square feet of executive office space within a larger 12,884 square foot retail and office building located at 8476 W Thunderbird Rd, Peoria, Arizona. The building, constructed in 2004, offers a modern and functional workspace ideal for a variety of businesses. The available space is part of a multi-tenant building, providing a collaborative and professional environment. The property boasts a convenient 4.5 parking spaces per 1000 square feet ratio, ensuring ample parking for tenants and their clients. The zoning is designated as Pad, City of Peoria, within Maricopa County. This sublease agreement extends through November 30th, 2026, with potential for extension. The property's classification as both retail and office space provides flexibility and potential for diverse business applications. This is a rare opportunity to secure high-quality office space in a desirable Peoria location with a generous parking ratio and a long-term lease option. The available space is ready for immediate occupancy, allowing for a seamless transition for your business. Interested parties should act quickly to secure this exceptional sublease opportunity. The property's strategic location within Peoria offers easy access to major transportation routes and a variety of amenities.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $1,914,369
    6.5%
    $1,767,110
    7%
    $1,640,888
  • Comparable approach

    Method
    Valuation
    Relative Method
    $1,669,444
    Geo Method
    $1,669,444
  • Alternative Use

    Use
    Valuation
    Residential
    $2,191,217
    Hospitality
    $2,007,143
    Educational
    $1,669,919
    Medical
    $1,727,350
    Retail
    $2,597,652
8476 Thunderbird Rd, Peoria, Arizona

Location Insight

City
Peoria
County
Maricopa
State
Arizona
Latitude
33.6104
Longitude
-112.241
CBSA code
38060
CBSA name
PHOENIX-MESA-SCOTTSDALE, AZ METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$24,116
-
-
$342,359
-
$1,470,800
$604,100
$2,074,900

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