5409 W GLENDALE Avenue, Glendale, AZ 85301
$625,000
Property Type:
Comm/Industry Sale
Square Footage:
3,700
Lot Size (sq. ft.):
6,160
Status:
Closed
Current Price:
$625,000
List Date:
10/13/2022
Last Modified:
6/07/2025
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.
More Information MLS# 6476939
Contract Info
Current Price: $625,000
Sold Price: $625,000
Status: Closed
List Date: 2022-10-13
Ownership: Fee Simple
Location Tax Legal
Map Code/Grid: N32
House Number: 5409
Compass: W
Street Name: GLENDALE
St Suffix: Avenue
City/Town Code: Glendale
State/Province: AZ
Zip Code: 85301
Zip4: 2621
Country: US
County Code: Maricopa
Subdivision: SUGAR ADD BLKS 1-6, 13, 14
Assessor Number: 146-05-033-A
Tax Year: 2021
General Property Description
Ttl Apx SqFt Bldg: 3700
# of Buildings: 1
Year Built: 1959
Zoning: C-2
Remarks Misc
Cross Street: 54th Ave & Glendale Ave
Directions: Head West on Glendale Ave, property is on your left just past 54th Ave.
Geo Lat: 33.538271
Geo Lon: -112.175406
Status Change Info
Status Change Date: 2022-11-15
Off Market Date: 2022-10-26
Under Contract Date: 2022-10-21
Close of Escrow Date: 2022-11-14
Sold Price: $625,000
Legal Info
Lot Number: 1/2/-
Income Expenses
Net Operating Income: 49882.36
Sold Info
Loan Type: Other
Payment Type: Other
Clsing Cost Split: Normal - N
Buyer Concession $/%: $
Seller Concession $/%: $
Property Features
Building Type: Other (See Remarks)
Business Type: Other; See Remarks
Stories: 1 Story
Construction: Other
Roofing: Other
Floors: Other
Ceiling Height: 8.1 Feet to 10 Feet; 10.1 Feet to 12 Feet
Heating: Other; See Remarks
Cooling: Other; See Remarks
Loading Facilities: Other (See Remarks)
Interior: Other (See Remarks)
Exterior: Other (See Remarks)
Fencing: Other; See Remarks
Amenities: Other (See Remarks)
Parking Features: Other
Electric: Other (See Remarks)
Gas: Other (See Remarks)
Water Source: Other; See Remarks
Sewer: Other
New Financing: Other (See Remarks)
Showing Notification Methods: Text; Email; Phone Call
Lockbox Type: None
Source of Fincl Data: Other (See Remarks)
Existing 1st Loan: Other (See Rmks)
Use Restrictions: Other (See Remarks)
Environmental: Other (See Remarks)
Listing Office: R.O.I. Properties
Last Updated: June - 07 - 2025
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