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5940 N 75th Ave

6,895 SF 100% Leased 4-Star Retail Building Glendale, AZ 85303 $5,930,782 ($860/SF) 5.50% Cap Rate

Retail Space Arizona Glendale 5940 N 75th Ave, Glendale, AZ 85303

Executive Summary

Fully leased new building for sale. This prime location boasts excellent access with easy connectivity to Loop 101, ensuring seamless travel to major transportation corridors. The property is situated in an affluent neighborhood, with an average household income exceeding $90,000 within a 1-mile radius, reflecting a high-income demographic. The area benefits from a robust daytime population of approximately 30,000 employees within a 3-mile radius, contributing to a dynamic and active commercial environment. Additionally, its proximity to key attractions such as the Westgate Entertainment District, Zanjero, and State Farm Stadium (home of the Cardinals) enhances visibility
and foot traffic.

Attachments

Shops at 75th - Offering Memorandum

Property Facts

Sale Type
Investment
Property Type
Retail
Building Size
6,895 SF
Building Class
A
LoopNet Rating
4 Star
Year Built
2024
Price
$5,930,782
Price Per SF
$860
Cap Rate
5.50%
NOI
$326,193
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.15
Land Acres
1.03 AC
Zoning
C-1 - Commercial Retail Office
Frontage
118 FT on North 75th Avenue
1 of 1

PROPERTY TAXES

Parcel Number 102-07-001C Improvements Assessment $0
Land Assessment $839 Total Assessment $839

PROPERTY TAXES

Parcel Number
102-07-001C
Land Assessment
$839
Improvements Assessment
$0
Total Assessment
$839
(602) 468-6110

  • Listing ID: 33677337

  • Date on Market: 10/29/2024

  • Last Updated:

  • Address: 5940 N 75th Ave, Glendale, AZ 85303

More public record information on 5940 N 75th Ave, Glendale, AZ 85303

The Retail Property at 5940 N 75th Ave, Glendale, AZ 85303 is currently available For Sale. Contact Eisenberg Company for more information.

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5940 N 75th Ave
(602) 468-6110 x

5940 N 75th Ave

Scott Spier

(602) 468-6110

(602) 468-6110

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