MARCUS & MILLICHAP is pleased to present for sale the Shops at Glendale Towne Center, located at 10240 N. 43rd Avenue in Glendale, Arizona (Population 257,125) within the greater Phoenix Metropolitan Area. This high-profile retail investment property is a 7,281 square foot multi-tenant pad building on a 0.55-acre lot that is 100% leased to two corporate tenants: Little Caesars and NextCare Urgent Care. The property is strategically positioned in front of a Target going extensive renovations on the southwest corner of 43rd Avenue and Peoria Avenue with excellent access and visibility. The intersection generates strong traffic counts with over 6,000 vehicles per day, while the surrounding community features over 348,750 residents within a 5-mile radius and an average household income of $91,500 within a 1-mile radius. The property benefits from exceptional retail synergy within the Glendale Towne Centre shopping complex, which includes Target as the anchor tenant along with Wells Fargo, Denny's, and Walgreens Home Center & United Martial Arts. Located approximately 2-miles from the I-17 Freeway, the property enjoys excellent regional accessibility. The center is also situated 2-miles from Metrocenter Mall, which features major retailers including Macy's, Sears, Dillard's, Harkins Theatres and Sport Chalet. This offering presents investors with an opportunity to acquire a fully-occupied, professionally managed retail asset with minimal landlord responsibilities due to the triple-net lease structure and staggered lease terms extending through 2030. STRONG CONSTRUCTION Glendale Towne Center represents a well-established retail investment built in 1981, featuring durable brick construction that has proven its longevity and minimal maintenance requirements over four decades of operation. The 7,195 square foot center sits on a substantial 0.55-acre lot, providing excellent tenant space and ample customer parking NNN LEASE STRUCTURE The property utilizes an NNN lease structure, which enables tenants to assume responsibility for nearly all operating expenses, including property taxes, insurance, and maintenance. This setup protects the landlord from escalating operating costs, ensuring stable and predictable cash flow with a current Net Operating Income of $193,353 ENHANCED VISIBILITY Glendale Towne Center o?ers exceptional visibility and accessibility with its prime location on N 43rd Ave, bene?ting from exposure to over 27,000 vehicles per day (VPD). The property features ample on-site parking and multiple access points, ensuring convenient customer access. The prominent building signage and strategic positioning enhance visibility for tenants and attract additional foot tra?c. CONVENIENTLY POSITIONED Located in Glendale's premier retail corridor, the center bene?ts from its proximity to major tra?c generators including Target, Wells Fargo, and other national retailers. Its strategic position just minutes from State Farm Stadium (8-minute drive), Westgate Entertainment District (8-minute drive), and Arrowhead Towne Center (5-minute drive) ensures consistent foot tra?c and positions the property for continued growth within Arizona's expanding Phoenix metropolitan market.