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7941 W Glendale Road, Glendale, AZ

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7941 W Glendale Road

80th and Glendale
Glendale, AZ 85303-2319 - Glendale Ret Submarket

Property Type:Retail Sub Type:- Status:Existing Year Built:1976
Building Size:5,040 SF Land Area:.68 AC (29,795 SF)
For Sale Price:$565,000 Price/SF:$112.10
Cap Rate:9.40 %
Parking:43 Surface spaces are available; Ratio of 8.53/1,000 SF
Features:Air Conditioning, Signage

Prime Location - Down road from new stadiums, Cabellas, & massive development in Glendale. Duel street frontage, building has 2 section - split or use entire building. Tenant is month-2-month, but willing to sign long lease - wants to stay. Tavern does very well in this location (stadiums, glendale ave, huge development) all plays major role in tenants success. Tenant will vacate or stay - you pick. Huge amount of signage, pole & building - empty lot in back for future growth. C-3 zoning. 43 paved parking - plus additional room in back, sides, and surrounding streets. This area, if you are not aware is exploding in growth and development. 7 bathrooms total, kitchen, walk in cooler and much more.

Sale Notes:
» 100% Leased Multi-Tenant Retail Property For Sale At $565,000
» Great Investment Opportunity with 9.40% CAP Rate and NOI of $53,093
» Bar Equipment Included in the Sale; Series 12 Liquor License
» All Leases are NNN (Landlord Pays Taxes)
» Two tenant building is 5,040 SF on large 29,797 SF lot.
» Property Currently Being Used as Auto Sales Center and Bar
» Located 2 Miles East of the Loop 101 Agua Fria Fwy
» Only Minutes from University of Phoenix Arizona Cardinal Stadium and Gila River Arena

COBE Real Estate
Steven Beck
(480) 610-2400

Brad Broyles
(480) 610-2400

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