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5541 N 59th Ave 5,975 SF Industrial Building Glendale, AZ 85301 $1,798,537 CAD ($301.01 CAD/SF) 6.07% Cap Rate
Executive Summary
The subject property at 5541 N 59th Avenue is a commercially zoned C-2 (General Commercial) site located within an established and highly active corridor in Glendale, Arizona. The property benefits from strong
frontage along N 59th Avenue, a major north–south arterial providing excellent visibility, consistent traffic exposure, and strong signage opportunities for future commercial users.
The C-2 zoning allows for a wide range of retail, service, and commercial uses, making the site highly versatile for both owner-users and developers. Its infill location places it within an already built-out trade area, surrounded by a mix of residential neighborhoods, retail centers, and employment hubs, creating a strong built-in customer base.The property also benefits from convenient regional accessibility, with direct connections to Loop 101 and Interstate 10 just minutes away. These freeway systems provide efficient connectivity throughout the greater Phoenix metro, including Glendale, Peoria, Surprise, and downtown Phoenix. The site’s location along a well-traveled corridor enhances its long-term commercial viability and redevelopment potential.
frontage along N 59th Avenue, a major north–south arterial providing excellent visibility, consistent traffic exposure, and strong signage opportunities for future commercial users.
The C-2 zoning allows for a wide range of retail, service, and commercial uses, making the site highly versatile for both owner-users and developers. Its infill location places it within an already built-out trade area, surrounded by a mix of residential neighborhoods, retail centers, and employment hubs, creating a strong built-in customer base.The property also benefits from convenient regional accessibility, with direct connections to Loop 101 and Interstate 10 just minutes away. These freeway systems provide efficient connectivity throughout the greater Phoenix metro, including Glendale, Peoria, Surprise, and downtown Phoenix. The site’s location along a well-traveled corridor enhances its long-term commercial viability and redevelopment potential.
Property Facts
| Price | $1,798,537 CAD | Rentable Building Area | 5,975 SF |
| Price Per SF | $301.01 CAD | No. Stories | 1 |
| Sale Type | Investment | Year Built | 1970 |
| Cap Rate | 6.07% | Tenancy | Single |
| Property Type | Industrial | Parking Ratio | 1.6/1,000 SF |
| Property Subtype | Service | No. Drive In / Grade-Level Doors | 2 |
| Building Class | C | Opportunity Zone |
Yes
|
| Lot Size | 0.46 AC | ||
| Zoning | C-C - Commercial | ||
| Price | $1,798,537 CAD |
| Price Per SF | $301.01 CAD |
| Sale Type | Investment |
| Cap Rate | 6.07% |
| Property Type | Industrial |
| Property Subtype | Service |
| Building Class | C |
| Lot Size | 0.46 AC |
| Rentable Building Area | 5,975 SF |
| No. Stories | 1 |
| Year Built | 1970 |
| Tenancy | Single |
| Parking Ratio | 1.6/1,000 SF |
| No. Drive In / Grade-Level Doors | 2 |
| Opportunity Zone |
Yes |
| Zoning | C-C - Commercial |
Amenities
- 24 Hour Access
- Bus Line
- Fenced Lot
- Yard
- Monument Signage
- Air Conditioning
1 1
Fairly walkable
40/100
Exceptionally drivable
100/100
Limited public transit
30/100
Fairly bikeable
50/100
Property Taxes
| Parcel Number | 144-32-001Z | Improvements Assessment | $0 CAD |
| Land Assessment | $0 CAD | Total Assessment | $64,361 CAD |
Property Taxes
Parcel Number
144-32-001Z
Land Assessment
$0 CAD
Improvements Assessment
$0 CAD
Total Assessment
$64,361 CAD
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5541 N 59th Ave
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