This exceptional retail property, located at 4935 W Glendale Ave in Glendale, Arizona, presents a fantastic leasing opportunity. The Glendale Town Center, situated on a 1.51-acre lot, offers a total of 21,600 square feet of retail space. Currently, there are 2,400 square feet of vacant space available, divisible into units as small as 1,200 square feet. The maximum contiguous space available for lease is also 1,200 square feet. Built in 1982, this strip center is zoned C-2, Glendale, and is ideally located within the Glendale Ret submarket of Maricopa County. The property's address is 4935 W Glendale Ave, Glendale, AZ 85301 (APN: 146-17-169B). This presents a unique chance to establish or expand a business in a well-established commercial area. The property's convenient location and ample space make it an attractive option for a variety of retail businesses. Interested parties should inquire about lease terms and availability. The property offers excellent visibility and accessibility, making it an ideal location for attracting customers. Don't miss this opportunity to secure prime retail space in a thriving Glendale location.
Valuation by Paperhouses methods
Valuation date:
Dec 11, 2024
CAP approach
CAP return
Valuation
6%
$6,102,918
6.5%
$5,633,464
7%
$5,231,073
Comparable approach
Method
Valuation
Relative Method
$9,170,328
Geo Method
$9,170,328
Alternative Use
Use
Valuation
Residential
$4,752,037
Hospitality
$4,352,840
Educational
$3,621,512
Medical
$3,746,062
Retail
$5,633,464
Location Insight
City
Glendale
County
Maricopa
State
Arizona
Latitude
33.5381
Longitude
-112.167
CBSA code
38060
CBSA name
PHOENIX-MESA-SCOTTSDALE, AZ METROPOLITAN STATISTICAL AREA
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Disclaimer
The property value estimates provided on this website are automated calculations based on publicly available data, user-submitted information, and proprietary algorithms. These estimates are not appraisals and should not be used as a substitute for a professional valuation by a licensed appraiser.
We do not guarantee the accuracy, reliability, or completeness of these estimates, as market conditions, property features, and other factors may affect actual property values. Users should conduct their own due diligence and consult with a real estate professional before making financial or investment decisions.
By using this service, you acknowledge and accept that all estimates are provided for informational purposes only and that this website assumes no liability for any reliance on the provided valuations.
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