• Price $1,625,000
  • Sq. Ft.12,800
  • Acres1.15
  • Built1961
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5402 W Glendale Avenue ,

Prominent corner location in Glendale Downtown area. Fully leased property with extended leases. Listing is clean and in good repair.Upgrades completed on building in 2011 for roofing and additional space added to end building. Plenty of open parking. Great traffic count.Active and busy business' in area. City growth in progress. Heavy business activity for downtown during Holiday Seasons. 9 Parcels makeup property. Good tenant mix. 2 Prominent Monument Signage. CAP Rate is a 9% and lease increases over next 2 years will improve.

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Essential Information

  • MLS® #5985800
  • Price$1,625,000
  • Taxes$11,622
  • Square Footage12,800
  • Acres1.15
  • Year Built1961
  • TypeCommercial Sale
  • Sub-TypeCommercial, Industrial
  • StatusActive

Amenities

  • Garage Spaces56
  • ParkingFree, Paved Parking, Public Parking

Exterior

  • Exterior FeaturesCorner Lot, Dual Street Ftg, Building Sign, Monument Sign
  • RoofBuilt-Up, Foam, Rolled, Metal
  • ConstructionBlock

Listing Details

  • Listing OfficeParamount Management & Realty, Llc

Community Information

  • Address5402 W Glendale Avenue
  • SubdivisionPARK PLACE BLKS 2,5,6
  • StateAZ

Interior

  • Interior FeaturesFinished
  • HeatingElectric
  • CoolingCentral A/C, Warehouse Evap
  • Stories1 Story

Additional Information

  • ZoningC2

Property Location

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Information Deemed Reliable But Not Guaranteed. All information should be verified by the recipient and none is guaranteed as accurate by ARMLS. ARMLS Logo indicates that a property listed by a real estate brokerage other than eXp Realty. Copyright 2019 Arizona Regional Multiple Listing Service, Inc. All rights reserved.

Listing information last updated on October 20th, 2019 at 1:33pm AKDT.

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