Glendale, AZ 85301,5409 W GLENDALE Avenue
Glendale, AZ 85301,5409 W GLENDALE Avenue
Glendale, AZ 85301,5409 W GLENDALE Avenue
Glendale, AZ 85301,5409 W GLENDALE Avenue
Glendale, AZ 85301,5409 W GLENDALE Avenue
Glendale, AZ 85301,5409 W GLENDALE Avenue
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$625,000

$685,000

8.8%
Est.Price: ?

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Est. payment /mo

6,160 Sqft Lot


SOLD DATE : 11/14/2022

Key Details

Sold Price $625,000

Property Type Commercial

Listing Status Sold

Purchase Type For Sale

Subdivision Sugar Add Blks 1-6, 13, 14

MLS Listing ID 6476939

Sold Date 11/14/22

Originating Board Arizona Regional Multiple Listing Service (ARMLS)

Year Built 1959

Annual Tax Amount $3,225

Tax Year 2021

Lot Size 6,160 Sqft

Acres 0.14

Property Description

5409 W Glendale Avenue is a fantastic opportunity to own a high-performing unanchored multi-tenant retail center in the growing Downtown Glendale Submarket. With four retail suites and a diverse tenant mix, the strip center has two tenants with strong longer terms leases expiring in 2025 and 2026. Additionally, two suites will expire in March of 2023, giving the property rental income upside. The strip center fronts the heavily trafficked Glendale Rd and has proximity to Murphy Park and Grand Avenue.

Location

State AZ

County Maricopa

Community Sugar Add Blks 1-6, 13, 14

Zoning C-2

Direction Head West on Glendale Ave, property is on your left just past 54th Ave.

Interior

Heating Other, See Remarks

Cooling Other, See Remarks

Flooring Other

Exterior

Garage Other (See Remarks)

Fence Other, See Remarks

Waterfront No

Roof Type Other, See Remarks

Parking Type Other (See Remarks)

Building

Sewer Other (See Remarks)

Others

Senior Community No

Tax ID 146-05-033-A

Financing Other

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Arizona Regional MLS (ARMLS)
Listed by R.O.I. Properties
Bought with RE/MAX Excalibur
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