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Property profile & analytics
OFF-MARKET Estimated value $7,670,000
Medical Office Space

16222 59th Ave Ste A100 Glendale, AZ 85306-1705

20,000 SF 0.05 ac lot Built 2007
Entity Owned 2-yr Hold Free & Clear
Property ID
US07-1809729
Property summary
AI-generated overview

This exceptional 1,846 square foot office suite is situated on the second floor of Building B at 16222 N 59TH Avenue, Unit 2B3, Glendale, AZ. Priced at $784,550 ($425 per square foot), this property presents a compelling investment opportunity. The suite boasts convenient features designed for optimal functionality and professional presentation. Tenants and their clients will appreciate the ease of access provided by the elevator service and direct suite access, eliminating the need for lengthy walks or inconvenient stair climbs. Ample covered parking is available, ensuring protection from the elements for both employees and visitors. The building also offers prominent building and monument signage, providing excellent visibility and enhancing the professional image of any business occupying this space. The property sits on a substantial 3.45-acre lot, offering ample space and potential for future development or expansion. This Glendale location provides easy access to major transportation routes and is situated within a thriving commercial area. The combination of size, amenities, and location makes this suite an ideal choice for a variety of businesses seeking a high-quality, well-appointed office space. The asking price reflects the value and desirability of this exceptional property. Contact us today to schedule a viewing.

Property profile
Verified
Property type Medical Office Space
Use group MEDICAL BUILDING
Year built 2007
Construction CONCRETE
Total area 20,000 SF
Lot 0.05 ac (2,018 SF)
Zoning code C-O
APN 200-57-845
UPID US07-1809729
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
  • Mosallaie Farhad DO Dental Office
  • Dr. Francis P. Surdakowski, MD Physician
  • Arrowhead Professional Sleep Medical Clinic
  • CT scan Medical Clinic
  • Theresa Paschal Physician
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
$7.67M
CAP Approach CAP
by Request
Comparable Approach Comparable
$7.67M
Blend (final) Blend
$7.67M
Owner & transaction history
Arrowhead 59 LLC · 2 yrs held
Arrowhead 59 LLC
since 2024
Last sale
$7.7M
3 recorded transactions
2024
$7.7M
2022
$8.1M
2014
$13.1M
Zoning & alternative use
C-O · Glendale, AZ
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Auto repair, garage $8.8M +95.0%
Office building $6.4M +42.5%
Commercial (general) $6.1M +36.5%
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