5402 W Glendale Avenue, Glendale, AZ 85301

$1,550,000
12,800
SqFt
List Price
$1,550,000
Days on Market
90
Status
ACTIVE
MLS#
6020318
City
Glendale
Living SQFT
12,800
Subdivision
Park Place Blks 2,5,6
Year Built
1961

Property Description

Prominent corner location in Glendale Downtown area. Fully leased property with extended leases. Listing is clean and in good repair.Upgrades completed on building in 2011 for roofing and additional space added to end building. Plenty of open parking. Great traffic count.Active and busy business' in area. City growth in progress. Heavy business activity for downtown during Holiday Seasons. 9 Parcels makeup property. Good tenant mix. 2 Prominent Monument Signage. CAP Rate is a 9% and lease increases over next 2 years will improve.

Additional Information

Construction
Block
Cooling
Central A/C, Warehouse Evap
Electric
APS
Fencing
None, Other, See Remarks
Floors
Concrete, Ceramic Tile
Gas
None
Guest House Sq Ft
56
Heating
Electric
Living Area
12,800
Parking
Free, Paved Parking, Public Parking
Roofing
Built-Up, Foam, Rolled, Metal
Sewer
Sewer - Public
Pool
Yes
Stories
1 Story
Subdivision
Park Place Blks 2,5,6
Taxes
$11,622
Water
City Franchise
Zoning
C2

Mortgage Calculator

Amount of Loan
Annual Interest Rate
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Term of Loan
Years

Does not include any taxes or fees.
Please consult a financial professional.
Calculator source: Real Geeks

Listing courtesy of Paramount Management & Realty, LLC.

All information should be verified by the recipient and none is guaranteed as accurate by ARMLS. Copyright 2020 Arizona Regional Multiple Listing Service, Inc. All rights reserved.