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Property profile & analytics
FOR LEASE
Medical Office Space

1530 W Glendale Ave Phoenix, AZ 85021

9,901 SF 0.91 ac lot Built 1985
Entity Owned 8-yr Hold ~ Est. High Equity
Property ID
US07-0094714
1530 W Glendale Ave, Phoenix, AZ 85021 For Lease
Contact for pricing
1530 W Glendale Ave, Phoenix, AZ 85021
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Property summary
AI-generated overview

This exceptional single-story medical office building, located at 1530 W Glendale Ave in Phoenix, Arizona, offers 10,330 square feet of versatile space ideal for a variety of medical practices. Situated in Maricopa County, this property features a single building with multiple tenancies, providing flexibility for expanding or consolidating medical operations. The building's design is well-suited for medical use, offering ample space for examination rooms, waiting areas, administrative offices, and support services. The property's convenient location ensures easy access for patients and staff, with excellent visibility and ample parking. The single-story layout promotes accessibility and ease of navigation. This is a fantastic opportunity for medical professionals seeking a well-maintained, functional space in a thriving Phoenix location. The multiple tenancy structure allows for potential shared occupancy or individual leasing arrangements, catering to various business needs and sizes. The property's total square footage provides significant room for growth and expansion within the medical field. Interested parties are encouraged to inquire for further details and leasing options. This prime location and functional layout make this medical office space a highly desirable asset.

Property profile
Verified
Property type Medical Office Space
Use group MEDICAL BUILDING
Year built 1985
Construction CONCRETE
Total area 9,901 SF
Lot 0.91 ac (39,525 SF)
Zoning code R-5
APN 157-14-002B
UPID US07-0094714
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
  • Outpatient Surgical Care Ltd Medical Clinic
  • Scottsdale Prolotherapy Medical Clinic
  • Southwest Aesthetic Physician
  • Outpatient Surgical Care Ltd: Zimmerman Raymond J MD Medical Clinic Hospital
  • Sonora Womens Healthcare Physician
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$2.38M
Blend (final) Blend
$2.35M
Owner & transaction history
Oneida Enterprises II LLC · 8 yrs held
Oneida Enterprises II LLC
since 2018
4 recorded transactions
2018
Price N/A
2015
Price N/A
2005
$1.8M
2004
$1.3M
Zoning & alternative use
R-5 · Phoenix, AZ
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description

The purpose of R-5 is to provide for alternate living styles including rental, condominiums and single ownership of land with multiple units thereon or single or attached townhomes

Zone name Multifamily Residence Restricted Commercial
General category COMMERCIAL
Zone area 4,750.37 ac
Source Realmo
Top alternative use upside
Office building $3.6M +36.4%
Retail stores $3.0M +12.3%
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