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    Property profile & analytics
    OFF-MARKET Estimated value $2,970,000
    Medical Office Space

    5823 Eugie Ave, Glendale, AZ 85304-1276

    8,582 SF 1.02 ac lot Built 2000
    Entity Owned 1-yr Hold ~ Est. High Equity
    Property ID
    US07-3280465
    Property summary
    AI-generated overview

    This exceptional investment opportunity presents a single-story, 8,550-square-foot medical office building situated on a 1.02-acre lot in Glendale, Arizona. The Class B property, built in 2005, is ideally located in a C-2 zoned area, boasting convenient access to major transportation arteries, including Loop 101 and Interstate 17. Currently fully leased to two tenants under a triple-net (NNN) lease structure until April 30, 2028, providing a stable cash flow with a remaining lease term of approximately four years. The building features a comprehensive medical build-out, ample parking with 54 spaces, and prominent monument signage. Its strategic location adjacent to Banner Thunderbird Medical Center further enhances its desirability. The property's multi-tenant occupancy ensures a diversified revenue stream, and the absence of on-campus use restrictions adds to its investment appeal. This freestanding facility offers a compelling opportunity for owner-users seeking a well-established medical office space or investors looking for a stable, income-producing asset in a high-demand location. The property's parcel number (APN) is 200-75-014S.

    Property profile
    Verified
    Property type Medical Office Space
    Use group MEDICAL BUILDING
    Year built 2000
    Construction CONCRETE
    Total area 8,582 SF
    Lot 1.02 ac (44,605 SF)
    Zoning code C-O
    APN 200-75-014S
    UPID US07-3280465
    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
    • Barbara Maccollum Physician
    • Darrell Wadas Physician
    • Vincent Honan Physician
    • Paul Berggreen Physician
    • Dr. Thuy Anh Le Physician
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    by Request
    CAP Approach CAP
    $1.95M
    Comparable Approach Comparable
    $3.29M
    Blend (final) Blend
    $2.97M
    Owner & transaction history
    Saguaro Medical Investments LLC · 1 yrs held
    Saguaro Medical Investments LLC
    since 2025
    Last sale
    $3.0M
    7 recorded transactions
    2025
    2025
    2025
    $3.0M
    2023
    $1.9M
    2009
    $2.3M
    2005
    $2.4M
    2000
    $310,500
    Zoning & alternative use
    C-O · Glendale, AZ
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
    Top alternative use upside
    Auto repair, garage $3.8M +91.0%
    Office building $2.7M +39.6%
    Commercial (general) $2.6M +33.7%
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