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10240 N 43rd Ave
Glendale, AZ 85302
Commerce de détail Propriété À vendre
Certaines informations ont été traduites automatiquement.
Faits saillants de l'investissement
- Located in Glendale's premier retail corridor near Target, Wells Fargo, and other national retailers
- NNN lease structure, which enables tenants to assume responsibility for nearly all operating expenses, including taxes, insurance, and maintenance
- Exceptional visibility and accessibility with its prime location on N 43rd Ave, benefiting from exposure to over 27,000 vehicles per day (VPD)
Résumé de l'annonce
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.
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.
Faits sur la propriété
Type de vente
Investissement ou propriétaire utilisateur
Condition de vente
1031 Échange
Type de propriété
Commerce de détail
Sous-type de propriété
Taille du bâtiment
7 195 pi²
Classe d’immeuble
B
Année de construction
1981
Prix
4 640 112 $ CAD
Prix par pi²
644,91 $ CAD
Taux de capitalisation
6%
Revenu net d’exploitation
278 407 $ CAD
Pourcentage loué
100%
Location
Multiples
Hauteur du bâtiment
1 étage
Coefficient d’occupation des sols de l’immeuble
0,31
Taille du lot
0,53 AC
Zonage
C-2, Glendale - Commercial général
Stationnement
60 places (8,34 places par 1 000 pi² loué)
Impôts fonciers
| Numéro de lot | 148-06-552 | Évaluation des bâtiments | 0 $ CAD |
| Évaluation du terrain | 0 $ CAD | Évaluation totale | 102 844 $ CAD |
Impôts fonciers
Numéro de lot
148-06-552
Évaluation du terrain
0 $ CAD
Évaluation des bâtiments
0 $ CAD
Évaluation totale
102 844 $ CAD
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