6790 Thunderbird RdPeoria, AZ 85381

  • Medical offices
  • 20,383 SF

Property Details for 6790 Thunderbird Rd

Year built
2006
Construction
STEEL FRAME
Lot size
1.90 AC
Property size (Sq ft)
20,383 SF
Zone code
C-2
Property type
Medical offices
Property subtype
Medical centers
APN
200-69-113
APU
20069113

Description

This exceptional ±21,998 square foot medical office building, situated at 6790 W Thunderbird Rd in Peoria, Arizona (zip code 85381), presents a unique leasing opportunity. The single-story building is located in Maricopa County and offers a prime location within the Thunderbird Wellness Centre. This strategically positioned complex benefits from its proximity to major healthcare facilities, including Banner Thunderbird Medical Center and Abrazo Arrowhead Hospital, ensuring high visibility and convenient access for patients and staff. The property features a robust tenant mix of various medical specialties and convenient on-site retail amenities, creating a thriving and supportive environment for medical practices. The building itself is part of a larger wellness-focused project comprising multiple buildings. One space is currently available for lease, offering ±21,998 square feet of adaptable space ideal for a variety of medical uses. The building's location provides easy access to Loop 101, enhancing connectivity and accessibility for both patients and employees. This is an exceptional opportunity to establish or expand a medical practice in a high-demand area with excellent infrastructure and a strong patient base. The property is classified as a Medical Office building with multiple tenancies.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $3,328,336
    6.5%
    $3,072,310
    7%
    $2,852,860
  • Comparable approach

    Method
    Valuation
    Relative Method
    $3,142,040
    Geo Method
    $3,142,040
  • Alternative Use

    Use
    Valuation
    Residential
    $3,809,664
    Hospitality
    $3,489,632
    Educational
    $2,903,333
    Medical
    $3,003,183
    Retail
    $4,516,296

Location Insight

City
Peoria
County
Maricopa
State
Arizona
Latitude
33.6119
Longitude
-112.205
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
$67,677
-
-
$1,181,237
-
$1,307,200
$5,851,812
$7,159,012

FAQs

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