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Turnkey Medical Office Building Ready
For Lease
$28 SF/Yr

11851 North 51st Avenue, Glendale, AZ 85304

Turnkey medical office building for immediate occupancy near Banner Thunderbird.

Space SizeContact for details
Days on Market150

Property Features for 11851 North 51st Avenue

General Information

Standard status Active
Property subtype Healthcare
Listing Agency: CBRE | Phoenix
Listed By: Philip Wurth, CCIM
Source: Cbre
Added: Mar 25 Changed: Jul 6 Last Checked: Aug 21 at 6:33AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of CBRE | Phoenix

Investment Insights

Based on property information with market context.

This turnkey medical office building is available for immediate occupancy. The efficient clinical layout supports a wide range of medical and specialty uses. The design emphasizes strong operational flow to optimize staff movement and patient experience. The property is part of a well-maintained condo project and features direct patient access. Ample on-site parking is available, providing convenient patient access and easy ingress and egress. The property is located minutes from Banner Thunderbird Medical Center, a major hospital in the area. It offers excellent access to major arterials, including 51st Avenue, Peoria Avenue, and the Loop 101, providing strong connectivity throughout the West Valley. The location is surrounded by established residential neighborhoods and a dense population, supporting consistent patient demand. Pharmacies, imaging centers, laboratories, retail options, and restaurants are in close proximity, enhancing convenience for providers and patients.

Key Highlights

  • Turnkey medical office building ready for immediate occupancy.
  • Ample on‑site parking with convenient patient access and easy ingress/egress.
  • Located minutes from Banner Thunderbird Medical Center.

Property Analytics

Current Use

Dr. Kelvin Ngo Dental Office NOAH Copperwood Health ... Medical Clinic Empower Physical Therapy: ... Physician Arizona Neurological Institute Physician ALYSSA FUKUMAE Physician

Suggested Use

Top Pick Real Estate Agency Law Firm Dental Office Restaurant Building Supply Parking Lot & Garage

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

NNN (Triple Net)
Lease Type
$4.20 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

286
Businesses Nearby
Under-served
Demand for This Use

Demographics for 85304, AZ

28,125
Population
10,547
Households
2.7
Avg Household Size
39
Median Age
24%
College-Educated
90%
High-School Grad
5.5 sq mi
ZIP Area
5,114
Density / Sq Mi
$82,976
Median Household Income
$42,805
Median Earnings
$1,401
Median Rent
$345,400
Median Home Value

Market

Lease Benchmarks for Glendale, AZ

$28 /SF/Yr
Avg Asking Price
$26–$29 /SF/Yr
Price Range
7,027 SF
Avg Space Size

Vacancy Rate% for Office in West region

11% 2019
14.1% 2020
15.5% 2021
17.2% 2022
19.9% 2023
21% 2024
20.8% 2025
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Medical Office Space - Turnkey medical office building for immediate occupancy near Banner Thunderbird.
Where is this medical office space located?
The property is located at 11851 North 51st Avenue Glendale, AZ.
What is the lease rate?
The lease rate is $28 SF/Yr.
What are key features of this property?
This property features: Turnkey medical office building ready for immediate occupancy.; Ample on‑site parking with convenient patient access and easy ingress/egress.; Located minutes from Banner Thunderbird Medical Center.
More about this property
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