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Property profile & analytics
FOR LEASE
Office buildings

10211 W Thunderbird Blvd Sun City, AZ 85351

10,031 SF 0.21 ac lot Built 1985
Entity Owned 16-yr Hold Free & Clear
Property ID
US07-1288436
Property summary
AI-generated overview

Royal Oak Plaza, a Class B medical office building in Sun City, Arizona's Arrowhead submarket, offers multiple suites for lease. Located at 10211 W Thunderbird Blvd, 85351, this prominent plaza boasts 51,249 square feet of space, with a convenient 5.0 parking spaces per 1000 square feet ratio. Currently, 6,961 square feet are vacant, divisible into units as small as 549 square feet and up to a contiguous 2,590 square feet. The building, constructed in 1983, is zoned C-N and benefits from high visibility due to its Thunderbird Boulevard frontage. Suite sizes range to accommodate various practice needs. The property's strategic location near Banner Boswell Medical Center, a large hospital, provides excellent access to a significant patient base and potential referral opportunities. This presents a unique opportunity for healthcare providers and professional services seeking a well-located and versatile space in a thriving Sun City community. The building offers easy access and high visibility, making it an attractive option for businesses seeking a strong presence in the Arrowhead submarket. The available space provides flexibility for businesses of various sizes, ensuring a suitable fit for a range of medical and professional practices.

Property profile
Verified
Property type Office buildings
Use group OFFICE BUILDING
Year built 1985
Construction CONCRETE
Total area 10,031 SF
Lot 0.21 ac (9,158 SF)
Zoning code C-1
APN 200-81-836
UPID US07-1288436
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • Kirby of Phoenix Big Box & Wholesale Store
  • Healthcare Realty Real Estate Agency
  • Bolt 220 Waste Management Facility
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$1.98M
Blend (final) Blend
$1.97M
Owner & transaction history
Hta-sc Royal Oaks LLC · 16 yrs held
Hta-sc Royal Oaks LLC
since 2010
6 recorded transactions
2010
$6.3M
2005
$7.4M
2000
$491,040
2000
$122,750
1998
Price N/A
1969
Price N/A
Zoning & alternative use
C-1 · Sun City, AZ
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Medical building $2.6M +59.4%
Neighborhood: shopping center $2.6M +58.0%
Industrial (general) $2.3M +39.6%
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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