For Lease
$14-$156,000 /SF/YR

5820 Greenway RdGlendale, AZ 85306

Glendale, AZ: Prime Retail Opportunity

Overview

Added:
Dec 11, 2024
Days on market:
117
Greenway Plaza, located at 5820 W Greenway Rd in Glendale, AZ (zip code 85306), presents a compelling retail investment opportunity. This Class B property, built in 1986, comprises three single-story buildings totaling 70,729 square feet on a 6.96-acre lot (303,346 square feet). The property features 20 suites, with a minimum divisible space of 1,037 square feet and a maximum contiguous space of 28,000 square feet. Currently, 31,607 square feet are vacant, offering significant potential for new tenants. The property boasts excellent visibility and accessibility, situated at the prominent intersection of Greenway Road and 59th Avenue. Ample parking is available with 350 spaces. Property taxes are $1.06 per square foot. The property's APN is 231-01-206A. Electricity varies by suite. Eight spaces are currently available. This is a multi-tenant property offering a diverse range of possibilities for retail businesses. The property's size and location make it an ideal investment for both established businesses and new ventures seeking a high-traffic location in Glendale, Arizona.

Highlights

  • 70,729 SF retail center on 6.96 acres in Glendale, AZ.
  • High-traffic location at Greenway Rd & 59th Ave, offering excellent visibility and accessibility.
  • Across from Arizona Christian University and one mile from Banner Thunderbird Medical Center.
  • Strong demographics: over 70,000 students within a three-mile radius.
  • 20 suites, 31,607 SF currently vacant, with spaces ranging from 1,037 SF to 28,000 SF contiguous.
  • 350 parking spaces.

Property Details for 5820 Greenway Rd

Property type
Retail properties, Restaurants
RSF (Rentable sq. ft)
70,729 SF
Class
B
Year Built
1986
Buildings
3
Stories
1

Unit(s) available at that property

Space
59th Ave & Greenway PAD
Size
2,000 SF
Rate per SF
$156,000
Space
Suite 131 - 5820 W Greenway
Size
3,618 SF
Rate per SF
$25
Space
Anchor Space - 5930 W Greenway
Size
28,000 SF
Rate per SF
$14
Space
Suite 126 - 5820 W Greenway
Size
1,307 SF
Rate per SF
$22
Space
Suite 120 - 5920 W Greenway
Size
1,307 SF
Rate per SF
$21
Space
15611 N 59th Ave
Size
1,037 SF
Rate per SF
$23
Space
15607 N 59th Ave
Size
1,423 SF
Rate per SF
$22
Space
5844-48
Size
5,906 SF
Rate per SF
$14

Location Insight

City
Glendale
County
Maricopa
State
Arizona
Latitude
33.626240404573
Longitude
-112.18409145879
5820 Greenway Rd, Glendale, Arizona

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5820 Greenway Rd
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