5940 N 75th Ave
6,895 SF 100% Leased 4-Star Retail Building Glendale, AZ 85303 $5,672,921 ($822.76/SF) 5.75% Cap Rate
EXECUTIVE SUMMARY
Newly constructed, fully leased retail shop building for sale. Average household incomes exceeding $90,000 within a 1-mile radius. This trade area benefits from a robust daytime population including approximately 30,000 employees within a 3-mile radius, contributing to a dynamic and active commercial environment. Close proximity to heavy traffic generators such as the Westgate Entertainment District, Zanjero, and State Farm Stadium (home of the Cardinals). This signalized, mile section corner location benefits from easy connectivity to Loop 101, ensuring convenient access to major transportation corridors.
PROPERTY FACTS
Sale Type
Investment
Property Type
Retail
Property Subtype
Storefront
Building Size
6,895 SF
Building Class
A
LoopNet Rating
4 Star
Year Built
2024
Price
$5,672,921
Price Per SF
$822.76
Cap Rate
5.75%
NOI
$326,193
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.15
Lot Size
1.03 AC
Zoning
C-1 - Commercial Retail Office
Frontage
118’ on North 75th Avenue
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Number | 102-07-001C | Improvements Assessment | $0 |
| Land Assessment | $839 | Total Assessment | $839 |
