Add Listing
    For Lease
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    The Largest CRE Database in the US with Over 1 Million Listings

    10415 Thunderbird Blvd Peoria, AZ 85381

    View on Map
    Loading data...
    Loading data...
    Loading data...
    For Lease
    Contact for pricing

    11,306 SF Medical Office Space Available

    Lot size:
    11,306 SF

    Property Features for 10415 Thunderbird Blvd

    General Information

    Property type
    Medical Office Space
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    11,306 SF
    Class
    B
    Total Rate
    22140.92

    Building Details

    Year Built
    1984
    Stories
    1

    Spaces For Lease

    at 10415 Thunderbird Blvd, Peoria, AZ 85381 Contact us
    Unit Suite 100

    $23 /Mo

    Size
    11,306 SF
    Contact us

    We can help!

    Listing Contact
    Rachael Thompson
    Rachael Thompson

    Listing Agency: Kidder Mathews | Phoenix Listing Agent: Rachael Thompson

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Learn more

    Overview

    This exceptional 11,306-square-foot medical office building, located at 10415 W Thunderbird Blvd in Peoria, Arizona, presents a unique leasing opportunity. The single-story, Class B building, constructed in 1984, sits on 1.72 acres of land and boasts 95 parking spaces. The property is zoned C-2, County, and features a fully built-out cardiac cath lab, making it ideally suited for cardiovascular healthcare providers. The entire 11,306 square feet is currently vacant and available for lease as a single contiguous space. Its prime location in the Sun City submarket of Maricopa County offers excellent visibility and accessibility. The building's convenient proximity to Banner Boswell Medical Center, a 505-bed hospital renowned for its cardiovascular services, provides significant advantages for a healthcare practice. This turnkey facility is ready for immediate occupancy and offers a rare opportunity to establish or expand a medical practice in a thriving healthcare community. The property's APN is 200-84-001M, and the zip code is 85381. This is a fully equipped, state-of-the-art facility designed to meet the rigorous demands of modern cardiac care.
    Property Profile Location Intelligence

    Current Use by Public Records

    Medical Office Space

    Map

    City
    Peoria
    County
    Maricopa
    State
    Arizona
    Longitude
    -112.2813091523
    Latitude
    33.601861626196

    Nearby Similar for Lease

    • $22 SF/Yr

      Peoria Medical/Dental Office Space

      Built-out medical/dental space for lease in Peoria, Arizona.
      15188 N 75Th Ave, Peoria, AZ 85381
      View Details
    • Contact for pricing

      Peoria Power Center Retail Space

      Prime retail spaces available in high-traffic Peoria location.
      10250 N 91St Ave, Peoria, AZ 85345
      View Details
    • $16 SF/Yr

      Peoria Flex Condo For Lease

      6,136 SF flex condo with Loop 101 frontage.
      9299 West Olive Ave, Peoria, AZ 85345
      View Details
    • $22 SF/Yr

      Peoria Medical/Dental Office Space

      Built-out medical/dental space with operatories, open bays, and reserved parking.
      15188 N 75Th Ave, Peoria, AZ 85381
      View Details
    • $30 SF/Yr

      Premier Peoria Office Space Available

      Modern office layouts in Peoria's central business district, excellent freeway access.
      14100 N 83Rd Ave, Peoria, AZ 85381
      View Details
    • $30 SF/Yr

      Premier Peoria Office Space Available

      Modern office layouts in Peoria's central business district, excellent freeway access.
      14050 N 83Rd Ave, Peoria, AZ 85381
      View Details
    • Contact for pricing

      Retail Spaces Available for Lease

      Retail spaces available for lease, anchored by Goodwill, Dollar Tree.
      6750 West Peoria Ave, Peoria, AZ 85345
      View Details
    • $23 SF/Yr

      Peoria Office Space For Rent

      Versatile Class B office space in Arrowhead Business Park.
      8765 W Kelton Ln, Peoria, AZ 85382
      View Details
    • Contact for pricing

      Retail Space in Peoria Development

      Retail spaces available in a new master-planned community.
      10174 Cotton Xing, Peoria, AZ 85345
      View Details
    • Contact for pricing

      Premier Retail Space in Peoria

      Versatile space in a dynamic mixed-use center.
      9744 W Northern Ave, Peoria, AZ 85345
      View Details
    • Contact for pricing

      Retail Investment and Owner Opportunity

      Retail space available for lease in Peoria, Arizona.
      8495 W Grand Ave, Peoria, AZ 85345
      View Details
    • $24 SF/Yr
      6,415 SF

      Peoria Office Space For Lease

      Office space for lease with great access and abundant parking.
      8877 W Union Hills Dr, Peoria, AZ 85382
      View Details

    FAQs

    What type of property is this?
    Medical Office Space - 11,306 SF Medical Office Space Available
    Where is this medical office space located?
    The property is located at 10415 Thunderbird Blvd Peoria, AZ.
    What is the lease rate?
    The lease rate is $23 SF/Yr.
    What are key features of this property?
    This property features: Turnkey cardiac catheterization lab.; On-campus location at Banner Boswell Medical Center.; Excellent access to US-60 and Loop 101 freeways.
    (602) 513-5122 Call to check price and availability
    Request Owner's contact information
    10415 Thunderbird Blvd Peoria, AZ 85381
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    10415 Thunderbird Blvd
    Peoria, AZ 85381
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    10415 Thunderbird Blvd Peoria, AZ 85381
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    We can help!
    Contact for Pricing
    Please call us for current price
    and status of this listing Rachael Thompson
    Rachael Thompson
    Real Estate License ID: SA545102000
    (602) 513-5122 (602) 513-5200
    Learn more
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!