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7146 N 57th Drive - Catlin Court, Glendale, AZ

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7146 N 57th Drive - Catlin Court

Glendale, AZ 85301 - Glendale Ret Submarket

Property Type:Retail Sub Type:Storefront Retail/Residential Status:Existing Year Built:1950
Building Size:3,306 SF Land Area:.16 AC (6,970 SF)
For Sale Price:$546,400 Price/SF:$165.28
Cap Rate:7.36 %
Parking:Free Surface spaces are available; Ratio of 1.2/1,000 SF
Features:Pylon Sign

Sale Notes:
Here' s the perfect opportunity for diversified cash flow: an attractive four-unit suite in the heart of downtown Glendale' s historic Catlin Court shopping and residential district. There is a new condo development planned for the lot immediately adjacent which will add further to the urban walkable feel fostered by the City of Glendale. The European Café is a long-term tenant which is a draw for the area. There are two spaces rented as boutique/vintage retail. To perfectly round out this diversified package, there is a rear two-story live/work studio space. The Westgate entertainment complex , Cardinal' s stadium, Coyotes' stadium, and new casino are all nearby.

59th Ave & Glendale Ave. South on 59th Ave. West on Palmaire. South on 57th Dr to property.

GPCI Multifamily
Terry Kass
(602) 703-5277

Mark Skelpsa
(602) 321-1035

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