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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- MLS® #5985800
- Square Footage12,800
- Year Built1961
- TypeCommercial Sale
- Sub-TypeCommercial, Industrial
- Garage Spaces56
- ParkingFree, Paved Parking, Public Parking
- Exterior FeaturesCorner Lot, Dual Street Ftg, Building Sign, Monument Sign
- RoofBuilt-Up, Foam, Rolled, Metal
- Listing OfficeParamount Management & Realty, Llc
- Address5402 W Glendale Avenue
- SubdivisionPARK PLACE BLKS 2,5,6
- Interior FeaturesFinished
- CoolingCentral A/C, Warehouse Evap
- Stories1 Story
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Listing information last updated on October 20th, 2019 at 1:33pm AKDT.