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Medical Office Space Near Hospital
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5601 W Eugie Ave, Glendale, AZ 85304

Medical office space strategically located across from Banner Thunderbird Medical Center.

Space Size1,171 SF - 7,309 SF
Property Size96,569 SF
Days on Market1187

Property Features for 5601 W Eugie Ave

General Information

Standard status Active
Size 1,171 SF - 7,309 SF
Class B
Total Parking Spaces 76
Property subtype Office
Lease Type Full Service

Building Details

Building Size 96,569 SF
Year Built 1997
Tenancy Multiple

Spaces For Lease

at 5601 W Eugie Ave Contact us

Suite 103

Size
1,309 SF
Type
Office
Lease Type
Full Service
Availability
Active
Contact us

Suite 204

Size
1,703 SF
Type
Office
Lease Type
Full Service
Availability
Active
Contact us

Suite 210

Size
2,129 SF
Type
Office
Lease Type
Full Service
Availability
Active
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Suite 210

Size
5,756 SF
Type
Office
Availability
Active
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Suite 200

Size
2,216 SF
Type
Office
Availability
Active
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Suite 212

Size
1,693 SF
Type
Office
Availability
Active
Contact us

Suite 214

Size
1,171 SF
Type
Office
Availability
Active
Contact us

Suite 200

Size
7,309 SF
Type
Office
Availability
Active
Contact us
Listing Agency: Kidder Mathews
Listed By: Rachael Thompson · License #AZ SA545102000
Source: Crexi
Added: May 16, 2023 Changed: Aug 8 Last Checked: Aug 8 at 4:10AM

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 Kidder Mathews

Investment Insights

Based on property information with market context.

Thunderbird Paseo Medical I & II offers medical office space strategically located directly across from Banner Thunderbird Medical Center, a 513-bed acute care hospital. The hospital features a Level 1 Trauma Center, Birthing Unit, and MD Anderson Cancer Center. Banner Thunderbird recently completed a $290 million expansion project, which included a new 200-bed patient tower and emergency room. The property is located a few miles from West Valley freeways, providing easy access. The tenant mix includes Valley Radiologists, Desert West OBGYN, Banner Physical Therapy, Palo Verde Cancer Specialists, Sonora Quest Laboratories, and Arizona Asthma & Allergy.

Key Highlights

  • Strategically located directly across from Banner Thunderbird Medical Center, a 513‑bed acute care hospital with Level 1 Trauma Center, Birthing Unit, and MD Anderson Cancer Center.
  • Strong tenant mix including Valley Radiologists, Desert West OBGYN, Banner Physical Therapy, Palo Verde Cancer Specialists, Sonora Quest Laboratories, Arizona Asthma & Allergy.
  • Proximity to West Valley Freeways for easy access.

Property Analytics

Current Use

Banner Occupational Health ... Physician Pawar Balwinder S ... Physician Palo Verde Cancer ... Physician VibrantCare Rehabilitation Physician Dr. John R. ... Physician

Suggested Use

Top Pick Real Estate Agency Law Firm Spa & Massage Center Hair Salon Big Box & Wholesale Store Restaurant

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
$4.50 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

1,807
Businesses Nearby
Well-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

This space is priced 7% above the average of $28 /SF/Yr.

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
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Frequently Asked Questions

What type of property is this?
Medical Office Space - Medical office space strategically located across from Banner Thunderbird Medical Center.
Where is this medical office space located?
The property is located at 5601 W Eugie Ave Glendale, AZ.
What is the lease rate?
The lease rate is $30 SF/Yr.
What are key features of this property?
This property features: Strategically located directly across from Banner Thunderbird Medical Center, a 513‑bed acute care hospital with Level 1 Trauma Center, Birthing Unit, and MD Anderson Cancer Center.; Strong tenant mix including Valley Radiologists, Desert West OBGYN, Banner Physical Therapy, Palo Verde Cancer Specialists, Sonora Quest Laboratories, Arizona Asthma & Allergy.; Proximity to West Valley Freeways for easy access.
(602) 513-5122 Call to check price and availability
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