Turnkey Medical Office
5620 West Thunderbird Road Glendale, AZ 85306
5620 West Thunderbird Road, Glendale, AZ, 85306
Contact for pricing
For Sale
Contact for pricing
Move-in ready medical suite with multiple exam and treatment rooms plus covered physician parking in a healthcare-focused campus setting.
Property Size2,720 SF
Price / SF$378.68
Days on Market51
Property Features for 5620 West Thunderbird Road
General Information
- Standard status
- Active
- Size
- 2,720 SF
- Property subtype
- Office
Building Details
- Year Built
- 1990
Listing agency
Medical Office Brokers
Listed by
Reece Ellertson · License #SA714750000
Source
Crexi
Added: Jun 2 Updated: Jul 10 at 1:51PM Checked: Jul 17 at 4:24AM
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 Medical Office Brokers
Investment Insights
Based on property information with market context.
Fountains Medical Center Suite E1 is a move-in ready medical office condo with an efficient, turnkey clinical layout designed for quick occupancy. The suite includes three exam rooms plus a procedure room, three treatment rooms, and a dedicated medical assistant/phlebotomy station. In addition to the clinical areas, there is a reception and waiting area, two private offices, lab/storage space, and a break room with laundry hookups. FF&E is available, which may help reduce setup time for an owner-user.
The suite is located at 5620 W Thunderbird Rd in Glendale, Arizona, within an established healthcare-oriented campus. Banner Thunderbird Medical Center is just about one minute away, and the property offers convenient access to Loop 101, I-17, and Thunderbird Road. The suite also includes three covered physician parking spaces. Zoning is listed as C-2.
For medical and wellness operators seeking a functional layout with defined patient-facing and staff support areas already in place, this condo offers a practical starting point. The combination of exam, procedure, and treatment rooms supports a range of healthcare workflows, while the included reception, offices, lab/storage, and staff areas can help streamline day-to-day operations.
The suite is located at 5620 W Thunderbird Rd in Glendale, Arizona, within an established healthcare-oriented campus. Banner Thunderbird Medical Center is just about one minute away, and the property offers convenient access to Loop 101, I-17, and Thunderbird Road. The suite also includes three covered physician parking spaces. Zoning is listed as C-2.
For medical and wellness operators seeking a functional layout with defined patient-facing and staff support areas already in place, this condo offers a practical starting point. The combination of exam, procedure, and treatment rooms supports a range of healthcare workflows, while the included reception, offices, lab/storage, and staff areas can help streamline day-to-day operations.
Key Highlights
- 2,720 RSF medical office condo at 5620 W Thunderbird Rd, Suite E1 (Glendale, AZ 85306), built in 1990
- Clinical layout includes 3 exam rooms and a procedure room, plus 3 treatment rooms
- Reception and waiting area, lab/storage space, and a break room with laundry hookups
Local Financial Insights For Office B
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $71.8k | $26.40 |
| − Vacancy | −$16.2k | −$5.94 |
| EGI | $55.7k | $20.46 |
| − OpEx | −$13.9k | −$5.12 |
| NOI | $41.7k | $15.35 |
2,720 SF · lease $26.40/SF/yr · vacancy 22.50% · expense 25.00%
Alternative Uses
Best Use
Office B
$596.3K
$521.7K – $695.6K
NOI $41,738 @ 7.0% cap · market cap 4.05%
Second Best
Healthcare Medical
$572.7K
$501.1K – $668.1K
NOI $40,088 @ 7.0% cap · market cap 3.89%
Theoretical Best
Office A
$854.4K
$747.6K – $996.8K
NOI $59,807 @ 7.0% cap · market cap 5.81%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
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FAQs
What type of property is this?
Medical Office Space - Move-in ready medical suite with multiple exam and treatment rooms plus covered physician parking in a healthcare-focused campus setting.
Where is this medical office space located?
The property is located at 5620 West Thunderbird Road Glendale, AZ.
What is the asking price?
The asking price for this property is $1,030,000.
What are key features of this property?
This property features: 2,720 RSF medical office condo at 5620 W Thunderbird Rd, Suite E1 (Glendale, AZ 85306), built in 1990; Clinical layout includes 3 exam rooms and a procedure room, plus 3 treatment rooms; Reception and waiting area, lab/storage space, and a break room with laundry hookups
