Glendale, AZ Commercial Real Estate Market Trends & Data

Commercial Real Estate Market Report

This page offers a quick snapshot of commercial real estate conditions in Glendale, highlighting how current pricing, $409 per square foot, typical deal size, and available inventory shape the market before you dive into individual listings.

Explore Commercial Properties in Glendale

Browse properties currently for sale or lease to see how local market pricing and building sizes translate into real opportunities.

 

Glendale's Demographic Profile

With a population of 257,237 and a median household income of $64,916, these metrics help investors gauge whether Glendale's pricing reflects local demand fundamentals.

Key Demographic Metrics Value
Population 257,237
# Households 89,166
Median age 35
Median household income $64,916
Avg household size 3
Renter-occupied housing units 40,273
5-year population change 7%

Commercial Real Estate Market Snapshot in Glendale

These market metrics outline current pricing, typical deal size, and observed cap rate ranges, giving investors a quick read on entry costs and high-level underwriting expectations.

Key Market Metrics Value
Avg asking sale price $409 per SF
Avg asking lease rate $81 per SF
Avg unit size for lease 37,364 SF
Avg building size for sale 37,802 SF
Average cap rate 7.19%

In Glendale, commercial properties are currently listed at an average sale price of $409 per square foot, with average lease rates around $81 per square foot. Typical leased spaces are approximately 37,364 SF, while properties for sale average 37,802 SF in building size. Observed cap rates average 7.19%, offering a reference point for return expectations relative to pricing and deal scale.

 

Commercial Properties For Sale In Glendale

The listings below reflect how current market pricing and building scale translate into active opportunities available today.
For Sale

17 Commercial Assets

  • Price Upon Request
For Sale

Buildings A, B & C

Phoenix, AZ 85307

  • 53,260 SF Industrial Building
  • $389,500 - $590,900
For Sale

Red Robin

Peoria, AZ 85382

  • 6,324 SF Retail Building
  • 6.00% Cap Rate
  • $4,454,000
For Sale

6738 Grand Ave

Glendale, AZ 85301

  • 0.79 AC Lot
  • 1 Industrial Lot
  • $700,000
For Sale

Bldg 2

Glendale, AZ 85308

  • 4,660 SF Office Building
  • $1,649,900
For Sale

Bldg 3

Phoenix, AZ 85037

  • 8,212 SF Office Building
  • $1,200,000
For Sale

Glendale Auto Center

Glendale, AZ 85301

  • 3,000 SF Retail Building
  • $980,000
For Sale

5405 W Lamar Rd

Glendale, AZ 85301

  • 2,313 SF Industrial Building
  • $899,000

 

Commercial Market Metrics by Property Type

Office Building Market Metrics Near Glendale

Office market metrics highlight how pricing, typical deal size, and return expectations vary across submarkets, helping investors compare entry costs and yield potential efficiently.

Nearby Office Markets Avg Cost/SF Typical Size Cap Max
Glendale $353 31,767 SF 7.40%
Phoenix $298 27,928 SF 8.57%
Peoria $312 55,945 SF 8.40%
Surprise $420 8,365 SF 7.50%
Tempe $308 20,647 SF 8.00%

Industrial Property Market Metrics Near Glendale

Industrial market data shows how cost per square foot and typical building size differ by submarket, supporting comparisons around deal scale and pricing alignment.

Nearby Industrial Markets Avg Cost/SF Typical Size Cap Max
Glendale $317 50,862 SF 7.40%
Phoenix $301 28,588 SF 8.57%
Peoria $310 29,612 SF 7.40%

 

Retail Property Market Metrics Near Glendale

Retail pricing varies widely across nearby markets, making this comparison useful for identifying where cost per square foot and deal size diverge most.

Nearby Retail Markets Avg Cost/SF Typical Size
Glendale $565 20,946 SF
Phoenix $430 21,598 SF
Peoria $444 10,171 SF
Surprise $1,534 21,685 SF
Tolleson $579 30,831 SF

Multifamily Property Market Metrics Near Glendale

Multifamily metrics show how pricing and building size relate to observed cap rate ranges, helping investors evaluate income potential relative to entry cost.

Nearby Multifamily Markets Avg Cost/SF Typical Size Cap Max
Glendale $357 46,607 SF 6.44%
Phoenix $322 24,047 SF 9.44%
Tempe $342 30,564 SF 6.47%
Mesa $229 22,165 SF 6.01%
Scottsdale $476 26,346 SF 6.01%

 

How Investors Evaluate Commercial Real Estate Markets in Glendale

Use these tools to move from market-level signals to deal-level math. Each calculator helps translate Glendale pricing, rents, and building size into concrete metrics like value, income, and space requirements, so you can validate assumptions before spending time on individual listings.

 

Nearby Commercial Markets

Comparing nearby markets helps investors see whether Glendale pricing and building scale sit above, below, or in line with surrounding areas.

Commercial Markets Avg Cost/SF Average Size
Glendale $409 37,802 SF
El Mirage $630 72,825 SF
Sun City $664 12,557 SF
Waddell $372 191,196 SF
Litchfield Park $456 60,282 SF

Office Space For Sale In Glendale

Office listings shown here connect market pricing and size patterns with income-producing opportunities currently available.
For Sale

Bldg 2

Glendale, AZ 85308

  • 4,660 SF Office Building
  • $1,649,900
For Sale

Bldg 3

Phoenix, AZ 85037

  • 8,212 SF Office Building
  • $1,200,000
For Sale

8320 W Mariners Way

Peoria, AZ 85382

  • 11,638 SF Office Building
  • 5.75% Cap Rate
  • $7,130,434
For Sale

Building E

Glendale, AZ 85306

  • 7,603 SF Office Building
  • $1,030,000
For Sale

4011 N 51st Ave

Phoenix, AZ 85031

  • 15,750 SF Office Building
  • $2,125,000
For Sale

L-FS-1-57

Peoria, AZ 85345

  • 2,489 SF Office Building
  • $733,000
For Sale

6120 N 59th Ave

Glendale, AZ 85301

  • 1,602 SF Retail Building
  • $990,000
For Sale

7115 N 55th Ave

Glendale, AZ 85301

  • 1,457 SF Office Building
  • $369,000

Regional Demographic Comparison

This comparison places Glendale alongside nearby cities to show how population size, household counts, and income levels differ across the region. Viewing these markets side by side helps investors understand whether local demand and income characteristics are concentrated in Glendale or distributed across surrounding areas.

City Population # Households Age MedianHouseholdIncome AvgHouseholdSize RenterOccupiedHousingUnits FiveYrPopGrowthPct
Glendale 257,237 89,166 35 $64,916 3 40,273 7%
El Mirage 34,874 9,938 31 $69,610 3 3,263 6%
Sun City 43,881 26,656 74 $47,571 2 4,433 9%
Waddell 16,222 4,893 38 $100,225 3 400 12%
Litchfield Park 7,625 2,824 45 $108,806 3 372 9%

FAQs About Commercial Investing in Glendale

View All Commercial Real Estate For Sale in Glendale
Is Glendale a good market for a first-time commercial real estate investor?

Glendale offers commercial properties across a wide range of sizes and price points. By reviewing the market data and benchmarks on this page, first-time investors can better understand what a typical commercial property looks like before committing capital and narrowing in on specific listings.

How can this market data help me decide whether to buy commercial property for my business in Glendale?

The pricing and size metrics on this page help business owners compare the cost of ownership against leasing in Glendale. Typical building sizes and asking prices provide a starting point for evaluating space needs, budget fit, and long term occupancy costs before engaging lenders or brokers.

What should conservative investors focus on when evaluating commercial properties in Glendale?

Conservative investors often prioritize manageable deal sizes, stable pricing ranges, and cap rate benchmarks shown for Glendale. These metrics help assess whether current market conditions support steady income potential without relying on aggressive assumptions.

How does Glendale compare to nearby commercial real estate markets?

Nearby market comparisons highlight differences in pricing, building scale, and cap rate ranges relative to Glendale. Reviewing these side by side helps experienced investors identify relative value, pricing premiums, or alternative markets that may better align with return targets.

How can this page support early-stage deal screening for Glendale acquisitions?

This page provides high-level benchmarks for pricing, deal size, and observed cap rates in Glendale, which are useful for initial market filtering. Institutional and data-driven investors often use these signals to prioritize listings that meet size, pricing, and return thresholds before deeper underwriting.