5450 W Glenn Dr | Glendale, AZ 85301
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5450 W Glenn Dr
Glendale, AZ 85301
Sun Valley Hope Animal Hospital · Office Property For Sale
Investment Highlights
- Term: Fresh 10 years remaining on the lease term
- High buildout costs and the client’s relation to the hospital cause veterinarians to rarely relocate making the asset more sticky compared to retail
- Phoenix Population Growth & Density – Phoenix ranks the 5th most populated city in US after New York City, Los Angeles, Chicago and Houston.
- Rental Increases: The site provides a 2% annual increase to hedge against inflation
- Since the start of the COVID-19 crisis, more than 23 million American homes have added pets, which has increased demand for pet care services
- Phoenix’s population density is 3,119 people per square kilometer, which is one of the most densely populated major city in US
PROPERTY FACTS
Property Type
Office
Property Subtype
Medical
Building Size
2,904 SF
Building Class
C
Year Built
1959
Tenancy
Single
Building Height
1 Story
Typical Floor Size
2,904 SF
Building FAR
0.30
Lot Size
0.22 AC
Zoning
C-C
Parking
20 Spaces (6.89 Spaces per 1,000 SF Leased)
PROPERTY TAXES
| Parcel Number | 147-17-004 | Improvements Assessment | $0 |
| Land Assessment | $0 | Total Assessment | $29,418 |
PROPERTY TAXES
Parcel Number
147-17-004
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$29,418
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