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20325 N 51st Ave
Glendale, AZ 85308

$1,267,534 USD

Office Condo For Sale  •  3,339 SF

Property Details

  • Property Type Office
  • Total Building Size 6,009 SF
  • Building Class B
  • Year Built 2006
  • Tenancy Multiple
  • Zoning C-O/M-O, Phoenix
0 Transit Score
27 Walk Score

1 Unit Available

Name Condo Use Size Price Details
1st Floor - Unit 158/160 Medical Office 3,339 SF $1,267,534 USD
  • Unit Size: 3,339 SF
  • Condo Use: Medical Office
  • Price: $1,267,534 USD
  • Sale Type: Investment
  • Price/SF: $379.61 USD
Sale Notes
The subject property is located in Glendale, AZ, offering many nearby amenities and attractions. It is within proximity to Arrowhead Towne Center, a premier shopping destination, and the vibrant dining options within the area. With convenient access to the Loop 101 freeway, the property is well-positioned for easy commutes and visibility. The thriving commercial landscape and strategic location make this an appealing opportunity for medical office investors looking to capitalize on the dynamic energy of the Glendale area.

Description 

SVN is pleased to present to the market this NNN investment opportunity located in Glendale, AZ. The property consists of a 3,339 SF office condo currently occupied by Advanced Pain Management. While the tenant has operated out of this location for many years, they recently executed a brand new lease commencing in August 2024 and continuing through July 2029 with three percent (3%) annual increases. The lease is a true NNN lease in which the tenant reimburses the Landlord for expenses and is responsible for all repairs including HVAC repairs and/or replacement. The common areas are managed by an association. This offering is part of a larger portfolio of seven properties for sale that can be purchased together or separate.

Highlights

ST NNN Investment Opportunity
Brand New 5 Year Lease w/ 3% Annual Increases
Strong Tenant Operating Since 2007
Part of a 7 Property Portfolio Available Together or Separate
Well Located Offices Throughout the Phoenix and Tucson Markets

Property Flyers

Public Transportation

AirportDriveWalkDistance
Phoenix Sky Harbor International 37 min - 26.0 mi

Parking Details

Parking Available: Yes
Reserved: No
Spaces Provided: 20
Type: Surface
Included in Rent: Yes
Justin Horwitz 480-220-2674 SVN | Desert Commercial Advisors
Justin Horwitz 480-220-2674 SVN | Desert Commercial Advisors