We are pleased to present for sale GLENDALE TOWNE CENTER
Located at 10240 N. 43rd Avenue in Glendale, Arizona (Population 257,125)
within the thriving Phoenix Metropolitan Area. This 7,195 sf multi-tenant
pad building sits on a 0.55ac lot and is 80% leased to two established
corporate tenants: Little Caesars and NextCare Urgent Care. The property is
strategically positioned directly in front of a recently renovated Target on
the high-traffic southwest corner of 43rd Avenue and Peoria Avenue,
offering exceptional visibility alongside a refreshed anchor tenant driving
consistent customer traffic.
With over 60,000 vehicles per day, the property benefits from outstanding
exposure in one of Glendale's most active retail corridors. The surrounding
trade area features over 348,750 residents within 5 miles and an average
household income of $91,500 within 1 mile.
Located just 2 miles from the I-17 Freeway with excellent regional
accessibility, the property is co-tenanted alongside the newly renovated
Target, Wells Fargo, Denny's, and Walgreens within Glendale Towne Center.
This represents an outstanding opportunity for investors seeking stable
income with minimal management. The triple-net lease structure and
staggered lease terms extending through 2030 provide predictable cash
flow with limited landlord responsibilities. Combined with the recent Target
renovation, strong demographics, and superior visibility, Glendale Towne
Center is a compelling acquisition in one of Phoenix's most established retail
markets.