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Medical Office Building For Lease
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1728 W Glendale Ave, Phoenix, AZ

Medical office building with high parking ratio near public transit.

Property Size4,429 SF
Lot Size2.94 Acres
Days on Market1144

Property Features for 1728 W Glendale Ave

General Information

Standard status Active
Size 4,429 SF
Lot size 2.94 Acres
Property subtype OFFICE
Listing Agency: Lee & Associates | Phoenix
Listed By: Jake Annan
Source: Moodyscre
Added: Jun 14, 2023 Changed: Jul 6 Last Checked: Jul 22 at 4:19AM

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 Lee & Associates | Phoenix

Investment Insights

Based on property information with market context.

This medical office building is situated just east of 19th Avenue, offering convenient access to public transportation via the Valley Metro Rail and local bus services. A Fry's-anchored retail center is nearby, providing walkable access to quick-service restaurants such as Filiberto's, Pizza Patron, Subway, and Westwood Tap and Grill. The Beatitudes Campus Retirement Community, with over 600 residents, is located directly to the east. The property features a parking ratio of approximately 6.7 spaces per 1,000 square feet, including 92 covered reserved spaces for tenants and patients. The building is currently 42.23% occupied, presenting an opportunity for an owner-user or a value-add investor or developer. The vacancies consist of second-generation medical suites of varying ages. The property is suitable for medical offices.

Key Highlights

  • High parking ratio (±6.7 per 1,000 sq ft) with 92 covered reserved spaces.
  • Located near the 19th Avenue public transportation corridor (Valley Metro Rail and bus services).
  • Value‑add opportunity due to 42.23% occupancy.**

Property Analytics

Current Use

Dr. Umar M. ... Dental Office Arizona Hernia Center Medical Clinic Dr. Khosrow M. ... Physician Valley Primary Care ... Medical Clinic Payam Sarraf, DPM Physician

Suggested Use

Top Pick Law Firm Real Estate Agency Building Supply HVAC Service Spa & Massage Center Pharmacy

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
$2.85 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

670
Businesses Nearby
Under-served
Demand for This Use

Market

Lease Benchmarks for Phoenix, AZ

$14.69 /SF/Yr
Avg Asking Price
$0.58–$29.5 /SF/Yr
Price Range
11,936 SF
Avg Space Size

This space is priced 29% above the average of $14.69 /SF/Yr.

Vacancy Rate% for Office in Phoenix, AZ

14.4% 2019
19.3% 2020
21.7% 2021
24.3% 2022
27.4% 2023
28.5% 2024
26.5% 2025
Rey
Questions? Ask Rey
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Similar Off Market Nearby

  • Harmony Veterinary Hospital — 1745 W Glendale Ave, Phoenix, AZ 85021

Frequently Asked Questions

What type of property is this?
Medical Office Space - Medical office building with high parking ratio near public transit.
Where is this medical office space located?
The property is located at 1728 W Glendale Ave Phoenix, AZ.
What is the lease rate?
The lease rate is $19 SF/Yr.
What are key features of this property?
This property features: High parking ratio (±6.7 per 1,000 sq ft) with **92 covered reserved spaces**.; Located near the 19th Avenue public transportation corridor (Valley Metro Rail and bus services).; Value‑add opportunity due to 42.23% occupancy.**
(928) 606-0576 Call to check price and availability
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