Glendale, AZ
Commercial Real Estate Market Trends & Data

$430 Avg asking sale price
$550 Avg asking lease rate
38,184 SF Avg unit lease size
34,952 SF Avg building size for sale
5.94% Average cap rate

Glendale's Demographic Profile

Glendale has 89,166 households and a median income of $64,916, providing context for rent absorption and tenant demand across retail and multifamily assets. A +7% five-year population trend is a key signal for evaluating long-term demand in this market.

Key Demographic Metric Value
Population 257,237
# Households 89,166
Median age 35
Median household income $64,916
Avg household size 3.0
Renter-occupied housing units 40,273
5-year population change +7%

{{marketTabHeadings[activeMarketTab]}} Market Metrics Near Glendale, AZ

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Nearby Office Markets Avg Cost/SF Typical Size Cap Max
Glendale $369 16,082 SF 7.75%
El Mirage $328 27,783 SF 7.50%
Sun City $322 26,963 SF 8.40%
Sun City West $363 8,338 SF 7.50%
Nearby Retail Markets Avg Cost/SF Typical Size
Glendale $644 20,588 SF
Youngtown $224 3,666 SF
El Mirage $253 11,763 SF
Sun City $254 11,863 SF
Sun City West $253 41,145 SF
Nearby Multifamily Markets Avg Cost/SF Typical Size Cap Max
Glendale $327 36,877 SF 6.44%
Phoenix $307 25,543 SF 8.22%
Peoria $500 10,015 SF 6.17%
Avondale $113 56,842 SF 7.26%

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

LUXURY GATED PEORIA ALH

Peoria, AZ 85383

  • 3,750 SF Health Care Building
  • $1,975,000
For Sale

Bldg 3

Peoria, AZ 85345

  • 31,345 SF Industrial Building
  • $895,000
For Sale

ANGIE'S PRIME GRILL w/ DRIVE THRU | NNN

Phoenix, AZ 85029

  • 2,200 SF Retail Building
  • 6.00% Cap Rate
  • $2,833,333
For Sale

Banner Urgent Care

Peoria, AZ 85383

  • 5,165 SF Office Building
  • 5.46% Cap Rate
  • $3,570,029
For Sale

Chipotle

Phoenix, AZ 85037

  • 2,325 SF Retail Building
  • 4.50% Cap Rate
  • $4,112,000

Average Price For Sale

↻ Updated Monthly

Average Size For Lease

↻ Updated Monthly

Number of Listings

↻ Updated Monthly

Cap Rate

↻ Updated Monthly

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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 $430 34,952 SF
Youngtown $229 5,359 SF
El Mirage $282 98,680 SF
Sun City $602 16,455 SF
Sun City West $1,151 19,751 SF

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 Median Household Income Avg Household Size Renter Occupied Housing Units Five Yr Pop Growth %
Glendale 257,237 89,166 35 $64,916 3 40,273 7%
Youngtown 7,240 2,709 38 $45,885 3 1,295 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%
Sun City West 31,134 18,414 76 $63,464 2 2,087 9%

Disclaimer: The figures on this page reflect LoopNet's active commercial listings in Glendale, AZ and update as inventory changes. Averages can shift between periods or vary across property types depending on the mix of listings available at a given time, so individual metrics may not reflect broader market trends. These figures are best used as directional benchmarks for early market evaluation. For comprehensive commercial real estate data and analytics, subscribe to CoStar.

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.

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