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Greenway Promenade 5930 W Greenway Rd 964 - 3,861 SF of Retail Space Available in Glendale, AZ 85306
HIGHLIGHTS
- Well established neighborhood retail center
- Strong growth in surrounding area | Arrowhead Ranch submarket
- Diverse tenant mix | Regional and Location Tenants
- Directly adjacent to Arizona Christian University | Near ASU West and Grand Canyon University.
SPACE AVAILABILITY (2)
Display Rental Rate as
- SPACE
- SIZE
- TERM
- RENTAL RATE
- RENT TYPE
| Space | Size | Term | Rental Rate | Rent Type | ||
| 1st Floor, Ste 10 | 964 SF | Negotiable | $22.33 CAD/SF/YR $1.86 CAD/SF/MO $21,531 CAD/YR $1,794 CAD/MO | Triple Net (NNN) | ||
| 1st Floor, Ste 20/21 | 1,936-2,897 SF | Negotiable | $22.33 CAD/SF/YR $1.86 CAD/SF/MO $64,704 CAD/YR $5,392 CAD/MO | Triple Net (NNN) |
5930 W Greenway Rd - 1st Floor - Ste 10
Well-established Neighborhood Retail Center in Glendale, AZ Diverse Tenant Mix | Regional & Local Tenants Arrowhead Ranch Submarket Strong Growth & Substantial New Development in Surrounding Area Directly Adjacent to Arizona Christian University Near ASU West Campus & Grand Canyon University
- Lease rate does not include utilities, property expenses or building services
- Fully Built-Out as Standard Retail Space
- Located in-line with other retail
- Central Air Conditioning
- Arrowhead Ranch Submarket
5930 W Greenway Rd - 1st Floor - Ste 20/21
SVN Desert Commercial Advisors, on behalf of the Owner, is pleased to offer for lease the last remaining vacancies at Greenway Promenade. The vacancies represent several unique opportunities within the center. Suites 19, 20/21 represent a combined ±2,897 SF of space on the western side of the complex near the Greenway Rd entrance. Suites 20 and 21 are currently combined with a shared wall to suite 19, providing the remainder of the available space.
- Lease rate does not include utilities, property expenses or building services
- Well-established Neighborhood Retail Center
- Diverse Tenant Mix | Regional & Local Tenants
- Arrowhead Ranch Submarket
Rent Types
The rent amount and type that the tenant (lessee) will be responsible to pay to the landlord (lessor) throughout the lease term is negotiated prior to both parties signing a lease agreement. The rent type will vary depending upon the services provided. For example, triple net rents are typically lower than full service rents due to additional expenses the tenant is required to pay in addition to the base rent. Contact the listing broker for a full understanding of any associated costs or additional expenses for each rent type.
1. Full Service: A rental rate that includes normal building standard services as provided by the landlord within a base year rental.
2. Double Net (NN): Tenant pays for only two of the building expenses; the landlord and tenant determine the specific expenses prior to signing the lease agreement.
3. Triple Net (NNN): A lease in which the tenant is responsible for all expenses associated with their proportional share of occupancy of the building.
4. Modified Gross: Modified Gross is a general type of lease rate where typically the tenant will be responsible for their proportional share of one or more of the expenses. The landlord will pay the remaining expenses. See the below list of common Modified Gross rental rate structures: 4. Plus All Utilities: A type of Modified Gross Lease where the tenant is responsible for their proportional share of utilities in addition to the rent. 4. Plus Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of cleaning in addition to the rent. 4. Plus Electric: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical cost in addition to the rent. 4. Plus Electric & Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical and cleaning cost in addition to the rent. 4. Plus Utilities and Char: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the utilities and cleaning cost in addition to the rent. 4. Industrial Gross: A type of Modified Gross lease where the tenant pays one or more of the expenses in addition to the rent. The landlord and tenant determine these prior to signing the lease agreement.
5. Tenant Electric: The landlord pays for all services and the tenant is responsible for their usage of lights and electrical outlets in the space they occupy.
6. Negotiable or Upon Request: Used when the leasing contact does not provide the rent or service type.
7. TBD: To be determined; used for buildings for which no rent or service type is known, commonly utilized when the buildings are not yet built.
PROPERTY FACTS
ABOUT THE PROPERTY
Greenway Promenade is located in the city of Glendale, north of the historic downtown area. The property is within the Arrowhead submarket, which has seen positive growth over the last decade. Offering road frontage along both Greenway Road and 59th Avenue, as well as close proximity to the I-17, US-60, and Loop-101 freeways. Popular attractions around the property include Arizona State University West Campus, Grand Canyon University, Glendale Community College, shops at Arrowhead Towne Center, and Peoria Sports Complex (P83), home to spring training for the Seattle Mariners and San Diego Padres.
NEARBY MAJOR RETAILERS
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Greenway Promenade | 5930 W Greenway Rd
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