8345 W Glendale Ave
Glendale, AZ 85305
Glendale Crossing · Retail Property For Sale

Glendale Crossings is a 100% occupied neighborhood strip retail center in Glendale (Phoenix), Arizona. There are 6 tenants, all on NNN leases with several years of remaining term. Many of these tenants have been in occupancy at this location since the building was constructed, 17 years ago. It’s an excellent mix of national credit tenants and beloved local businesses. The location is the southwest corner of 83rd Avenue & Glendale Avenue in the City of Glendale (part of the Phoenix MSA). Sharing the corner is a Walgreens and a McDonald’s, which serve as the ‘anchors’ to the center, bringing additional traffic. Behind the center is a Tots Unlimited Day Care and there is a full-sized Circle K gas/convenience store along 83rd. There is very limited retail shop-space competition in this trade area. There is only one similar center in all four directions, within about a 1.5-mile radius of the center. Approximately one mile to the west is State Farm Stadium (NFL-Cardinals), Gila River Arena (NHL-Coyotes, and dozens of concerts/special events per year), Westgate Entertainment District, Cabela’s, hotels and a large outlet mall. The West Valley of metro Phoenix has been getting a lot of attention for its growth. This includes “Catania” just completed in 2017 with 77 homes, and over 150 new homes immediately across the street from Glendale Crossing. Garden Grove is 80% built-out and Positano is putting in streets now (see map on PG 9). This will bring new consumer demand to these already highly successful, thriving businesses.