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5754 W Glendale Avenue Glendale, AZ 85301

  • 6,300 sqft
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Commercial-Closed $ 880,000

Sold Status

Sold Date: 10-01-2018

MLS#: 5733078

Courtesy of: Realty Executives

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Description

Right in the heart of Old Town Glendale* *One of the finest historic retail buildings on the strip* *City park is immediately west* * Parking is street parking along with town parking lots* *Five tenant spaces each seperately metered, each with a seperate address - 5740 is 1380 sq ft - 5 yr lease; 5746 is 1242 sq ft - 1 yr lease; 5748 is 660 sq ft - 3 yr lease; 5750 is 660 sq ft - 3 yr lease; and 5754 is 2,341 sq ft and will be vacant soon (note: this space has an addtional 720 sq ft basement) - Also Tenant in 5750 has proposed leasing this space -* *Additional Parcel 147-26-102* *Possible owner user for part of the space* *Possible investor looking at a 7+ Cap Rate* *Note: Other Expense is rental Tax @ 2.9% - $2,240 projected on new rents* *All Tenants in the process of signing new leases

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  • 5682

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