Dental-Built Medical Office
New
For Sale
Contact for pricing
9179 W Thunderbird Rd, Peoria, AZ 85381
Recently completed dental improvements include three operatories.
Property Size1,685 SF
Price / SF$445.10
Days on Market5
Property Features for 9179 W Thunderbird Rd
General Information
Standard status
Active
Size
1,685 SF
Property subtype
OFFICE
Listing Agency:
Menlo Group Commercial Real Estate
(480) 771-1376
Listed By:
Ryan Edwards · License #SA697072000
(480) 760-5044
Source:
Moodyscre
Added: Oct 9
Changed: Oct 13
Last Checked: Oct 13 at 2:48AM
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 Menlo Group Commercial Real Estate
Investment Insights
Based on property information with market context.
This 1,685-square-foot medical office space has a newly completed dental build-out with three operatories. The existing configuration provides a ready framework for dental office use.
Key Highlights
- 1,685‑square‑foot medical office space
- Newly completed dental build‑out
- Three operatories
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$25,284
Cap Rate
3.37%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$505,680
$505.7K
Cap Rate 7%
$361,200
$361.2K
Cap Rate 9%
$280,933
$280.9K
Market Conditions
NOI Build-Up for 1,685 SF
Gross rent
$39.4K $23.40/SF
− Vacancy
−$5.7K −$3.39/SF
EGI
$33.7K $20.01/SF
− OpEx
−$8.4K −$5.00/SF
NOI
$25.3K $15.01/SF
Area
Peoria, AZ
Vacancy
14.50%
Lease Rate
$23.40 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$505,680
Cap Rate 7%
$361,200
Cap Rate 9%
$280,933
Alternative Uses
Best Use
Office B
$361.2K
$316.1K – $421.4K
NOI $25,284 @ 7.0% cap · market cap 3.37%
Second Best
Healthcare Medical
$329.4K
$288.2K – $384.3K
NOI $23,057 @ 7.0% cap · market cap 3.07%
Theoretical Best
Office A
$414.9K
$363.0K – $484.0K
NOI $29,040 @ 7.0% cap · market cap 3.87%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
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Current Use
Location Intelligence
Trade Area within ½ mile
1,381
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Demographics for 85381, AZ
27,008
Population
11,393
Households
2.4
Avg Household Size
40
Median Age
34%
College-Educated
95%
High-School Grad
6.7 sq mi
ZIP Area
4,031
Density / Sq Mi
$94,442
Median Household Income
$49,458
Median Earnings
$1,726
Median Rent
$407,900
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Office in West region
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Frequently Asked Questions
What type of property is this?
Medical Office Space - Recently completed dental improvements include three operatories.
Where is this medical office space located?
The property is located at 9179 W Thunderbird Rd Peoria, AZ.
What is the asking price?
The asking price for this property is $750,000.
What are key features of this property?
This property features: 1,685‑square‑foot medical office space; Newly completed dental build‑out; Three operatories
