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GOLDEN CORRAL - GLENDALE, AZ 5679 W Northern Ave 12,103 SF Retail Building Glendale, AZ 85301 $5,195,000 ($429.23/SF) 6.50% Cap Rate
Investment Highlights
- Located in the heart of Glendale, Arizona, one of the strongest and fastest-growing submarkets within the Phoenix MSA.
- Pad site to a Walmart & Lowe's Home Improvement Shopping Center with exceptional visibility & access along Northern Avenue
- Major retailers nearby include Ross Dress for Less, PetSmart, and the property is 6 miles from Cabela's and Tanger Outlets Phoenix.
- Dense surrounding residential population with established neighborhoods supporting consistent customer traffic.
- Traffic counts of 29,450 CPD
- Opportunity to acquire an established restaurant in one of Arizona's strongest retail corridors.
Executive Summary
Fee Simple
Property Facts
Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Building Size
12,103 SF
Building Class
B
Year Built
2005
Price
$5,195,000
Price Per SF
$429.23
Cap Rate
6.50%
NOI
$337,675
Tenancy
Single
Building Height
1 Story
Building FAR
0.23
Lot Size
1.21 AC
Opportunity Zone
Yes
Zoning
C
Parking
40 Spaces (3.3 Spaces per 1,000 SF Leased)
Amenities
- Drive Thru
- Monument Signage
Major Tenants
- Tenant
- Industry
- SF Occupied
- Rent/SF
- Lease Type
- Lease End
- Golden Corral
- Accommodation and Food Services
- 12,103 SF
- -
- Triple Net
- Feb 2035
| Tenant | Industry | SF Occupied | Rent/SF | Lease Type | Lease End | |
| Golden Corral | Accommodation and Food Services | 12,103 SF | - | Triple Net | Feb 2035 |
Fairly walkable
50/100
Exceptionally drivable
100/100
Limited public transit
30/100
Fairly bikeable
50/100
Nearby Major Retailers
Property Taxes
| Parcel Number | 147-20-172 | Improvements Assessment | $0 |
| Land Assessment | $0 | Total Assessment | $373,162 |
Property Taxes
Parcel Number
147-20-172
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$373,162
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GOLDEN CORRAL - GLENDALE, AZ | 5679 W Northern Ave
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