5897 91st Ave - Retail FOR SALE


Glendale, AZ 85305- Westside
$8,590,000 USD
602-400-5084
5897 91st Ave, Glendale, AZ for Sale
$8,590,000 USD
Retail - FOR SALE
1/4
null | 5.25% Cap Rate

5897 91st Ave
Glendale, AZ 85305
Westside


HIGHLIGHTS

  • 9,465 SF, fully-leased, multi-tenant retail center
  • Attractive In-Place Returns: The offering is priced at $8,590,000 with a current cap rate of 5.25% and a Net Operating Income of $450,790
  • Competitive Price Per Square Foot: The property offers investors an efficient and attractively priced asset at approximately $908 per square foot
  • Prime Location in a High-Growth Entertainment Corridor: Located adjacent to State Farm Stadium, Westgate Entertainment District & Desert Diamond Arena
  • Brand New Construction: Newly constructed asset, offering investors the significant benefits of reduced near-term capital expenditure
  • 100% Occupied w/Diverse Tenant Mix: Fully leased w/a complementary mix of established regional and national tenants

OVERVIEW

91st & Cardinals Way Shops C-D is a ±9,465 square foot, fully leased multi-tenant retail center. The asset generates an NOI of $450,790 and is offered at $8,590,000, representing a 5.25% cap rate.

FOR SALE DETAILS

PRICE

$8,590,000 USD

PRICE/SF

$908 USD /SF

CAP RATE

5.25%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Shops C-D | 91st & Cardinals Way, Glendale

PROPERTY TYPE

Retail

ADD'L SUBTYPES

Storefront

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2026

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

1.93 AC

LAND SF

84,071 SF

ZONING

-

APN/PARCEL ID

102-12-920

ASK ABOUT THIS PROPERTY

John JacksonDiversified Partners, LLCMore Info
602-400-5084

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John JacksonDiversified Partners, LLCMore Info
602-400-5084

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.