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    5601 Eugie Ave Glendale, AZ 85304

    For Lease
    $30 SF/Yr

    Glendale medical office space available

    Lot size:
    96,569 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    369
    This Glendale, Arizona medical office complex, Thunderbird Paseo Medical Plaza, offers 96,569 square feet of Class B space in two, two-story buildings. Strategically located across from Banner Thunderbird Medical Center, a major 513-bed acute care hospital with a Level 1 trauma center, birthing unit, and MD Anderson Cancer Center, this property benefits from high visibility and proximity to a significant patient population. The recently completed $290 million expansion of Banner Thunderbird, including a new 200-bed patient tower and emergency room, further enhances the property's desirability. The property features a strong tenant mix including Valley Radiologists, Desert West OBGYN, Banner Physical Therapy, Palo Verde Cancer Specialists, Sonora Quest Laboratories, and Arizona Asthma & Allergy. Individual suites range from 1,171 to 38,237 square feet, with a total of 13,933 square feet currently vacant. The property sits on 10.24 acres of land in the Deer Valley/Airport submarket, zoned C-O, and includes 76 parking spaces. Built in 1997, the property's address is 5601 W Eugie Ave, Glendale, AZ 85304, with convenient access to major West Valley freeways. The property's APN is 200-75-014T. The maximum contiguous space available is 8,620 square feet.

    Property Features for 5601 Eugie Ave

    General Information

    Property type
    Medical offices
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    96,569 SF
    Class
    B
    Total Rate
    241422.5

    Building Details

    Year Built
    1997
    Buildings
    2
    Stories
    2

    Unit(s) available at that property

    Space
    Suite 210
    Size
    2,129 SF
    Rate per SF
    $30
    Space
    Suite 214
    Size
    1,171 SF
    Rate per SF
    $30
    Space
    Suite 210
    Size
    5,756 SF
    Rate per SF
    $30
    Space
    Suite 212
    Size
    1,693 SF
    Rate per SF
    $30
    Space
    Suite 200
    Size
    7,309 SF
    Rate per SF
    $30
    Space
    Suite 200
    Size
    2,216 SF
    Rate per SF
    $30

    HighLights

    • 96,569 SF Class B medical office complex in two two‑story buildings.
    • Located across from Banner Thunderbird Medical Center, a major 513‑bed acute care hospital.
    • Strong tenant mix including Valley Radiologists, Desert West OBGYN, and others.
    • Abundant parking (6.25/1,000), with covered reserved spaces available.
    • 24/7 on‑call maintenance.
    • Walkable to Banner Thunderbird Medical Center and less than one mile from a future light rail stop.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Banner Occupational Health ... Occupational Medical Physician Pawar Balwinder S ... Psychiatrist Palo Verde Cancer ... Oncologist VibrantCare Rehabilitation Physical Therapist Dr. John R. ... Internist

    Suggested Use

    Realty agency Restaurant Law Firm Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Auto Repair Shop

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Glendale
    County
    Maricopa
    State
    Arizona
    Longitude
    -112.18077025113
    Latitude
    33.60736779355

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    FAQs

    What type of property is this?
    Medical office - Glendale medical office space available
    Where is this medical office located?
    The property is located at 5601 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: 96,569 SF Class B medical office complex in two two-story buildings.; Located across from Banner Thunderbird Medical Center, a major 513-bed acute care hospital.; Strong tenant mix including Valley Radiologists, Desert West OBGYN, and others.
    Request Owner's contact information
    5601 Eugie Ave Glendale, AZ 85304
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    Glendale, AZ 85304
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    Realmo Value Estimation

    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.

    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.

    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
    5601 Eugie Ave Glendale, AZ 85304
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