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Prime Phoenix MSA Retail Land Parcel 5110 N 83rd Ave 0.89 Acres of Commercial Land for Lease in Glendale, AZ 85303
Highlights
- ±0.89 acre drive-thru development opportunity at a 50,000 VPD signalized intersection in one of Arizona's fastest-growing submarkets
- Strategic Location - Adjacent to high performing tenants including Chipotle and EoS Fitness, the most visited fitness center in the nation (Placer.ai)
- Zoned for Commercial Flexibility - General Commercial (GC) zoning with PAD overlay allows for a wide range of retail, service, and QSR uses, including
- Major Employment & Housing Drivers - Institutional developments are driving high-income job growth and new housing
LOT Available
Display Rental Rate as
| Rental Rate |
|
Lot Size | 0.89 AC |
| Lease Term | Negotiable |
| Rental Rate | |
| Lease Term | Negotiable |
| Lot Size | 0.89 AC |
Property Overview
Pegasus is pleased to present an extremely well-positioned ground lease or purchase opportunity in dense Glendale, Arizona. This highly visible site offers flexible configurations ideal for retail, service, and quick-service restaurant users, including drive-thru potential. Strategically located near the signalized intersection of Camelback Road and 83rd Avenue, the property has strategic visibility to over 50,000 vehicles per day. Positioned within a dominant retail corridor and adjacent to high-performing national anchors such as EoS Fitness and Safeway (#1 ranked Safeway in the City of Phoenix per Placer.ai), the site captures strong daily traffic and consumer demand which is only bolstered by the brand new Chipotle directly adjacent to the subject parcel. The site is supported by dense, established demographics, with over 400,000 residents within a five-mile radius. Strong household incomes and consistent year-over-year population growth create a durable customer base for a wide range of retail and service-oriented occupiers. Located within the rapidly expanding West Valley submarket, the property is surrounded by major economic drivers including the $40 billion TSMC semiconductor campus and State Farm Stadium - home of the Arizona Cardinals. These developments continue to fuel population growth, job creation, and long-term retail demand, reinforcing the Property’s position as a premier leasing opportunity.
Property Facts
| Total Space Available | 0.89 AC | Property Subtype | Commercial |
| Property Type | Land |
| Total Space Available | 0.89 AC |
| Property Type | Land |
| Property Subtype | Commercial |
Contacts
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Andrew Cohen -
Emmet Pierson -
Daniel Woznica -
Josh Dembo -
Sayaka Matsumoto -
Pegasus Investments
Presented by
Prime Phoenix MSA Retail Land Parcel | 5110 N 83rd Ave
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