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8345 W Glendale Ave
Glendale, AZ 85305

Glendale Crossing · Retail Property For Sale

PROPERTY FACTS

Property Type
Retail
Building Size
7,887 SF
Building Class
B
Year Built
2002
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.14
Lot Size
1.31 AC
Zoning
SC, Glendale
Parking
20 Spaces (2.54 Spaces per 1,000 SF Leased)

About 8345 W Glendale Ave , Glendale, AZ 85305

Glendale Crossings is a 100% occupied neighborhood strip retail center in Glendale (Phoenix), Arizona. There are 6 tenants, all on NNN leases with several years of remaining term. Many of these tenants have been in occupancy at this location since the building was constructed, 17 years ago. It’s an excellent mix of national credit tenants and beloved local businesses. The location is the southwest corner of 83rd Avenue & Glendale Avenue in the City of Glendale (part of the Phoenix MSA). Sharing the corner is a Walgreens and a McDonald’s, which serve as the ‘anchors’ to the center, bringing additional traffic. Behind the center is a Tots Unlimited Day Care and there is a full-sized Circle K gas/convenience store along 83rd. There is very limited retail shop-space competition in this trade area. There is only one similar center in all four directions, within about a 1.5-mile radius of the center. Approximately one mile to the west is State Farm Stadium (NFL-Cardinals), Gila River Arena (NHL-Coyotes, and dozens of concerts/special events per year), Westgate Entertainment District, Cabela’s, hotels and a large outlet mall. The West Valley of metro Phoenix has been getting a lot of attention for its growth. This includes “Catania” just completed in 2017 with 77 homes, and over 150 new homes immediately across the street from Glendale Crossing. Garden Grove is 80% built-out and Positano is putting in streets now (see map on PG 9). This will bring new consumer demand to these already highly successful, thriving businesses.

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
102-03-629
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$166,053
  • Listing ID: 17610799

  • Date on Market: 11/1/2019

  • Last Updated:

  • Address: 8345 W Glendale Ave, Glendale, AZ 85305

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