Add Listing
    For Lease
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings

    85340 Usa Glendale, AZ 85340

    View on Map
    Loading data...
    Loading data...
    Loading data...
    For Lease
    Contact for pricing

    Industrial buildings available for tenants and buyers in Glendale.

    Property size:
    1,963,477 SF
    Lot size:
    1,963,477 SF

    Property Features for 85340 Usa

    General Information

    Standard status
    Active
    Size
    1,963,477 SF

    We can help!

    Listing Contact
    Mark Krison
    Source: Cbre

    Listing Agent: Mark Krison

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Learn more

    Overview

    Glendale Industrial Property Available Now

    The property, known as THE BASE, is located north of Camelback Road on Litchfield Road. It is near various amenities, including retail stores, restaurants, and food and coffee providers, all within a short drive. Phase I, consisting of Buildings 1 through 7, is ready for tenants and buyers. Phase II, consisting of Buildings 8 through 15, is planned for the future. The property size is 1,963,477 square feet.
    Location Intelligence

    Current Use by Public Records

    Industrial properties

    Map

    City
    Glendale
    County
    Maricopa
    State
    Arizona
    Longitude
    -112.517
    Latitude
    33.5445

    Nearby Similar for Lease

    • Contact for pricing

      Peoria Center at Arrowhead

      Discover many ways to work your way in AZ, Phoenix - 24th and Camelback
      16165 83Rd Ave, Glendale, AZ 85382
      View Details
    • $16 SF/Yr

      Retail Suites For Lease

      Retail spaces available for lease at 4935 W Glendale Ave.
      4935 W Glendale Ave, Glendale, AZ 85301
      View Details
    • Contact for pricing

      Retail Space in Glendale

      Retail space available in Glendale on Bell Road.
      4236 West Bell Rd, Glendale, AZ 85308
      View Details
    • Contact for pricing

      Retail Space on West Thunderbird

      Retail space available on West Thunderbird Road in Glendale, Arizona.
      5690 West Thunderbird Rd, Glendale, AZ 85306
      View Details
    • $16 SF/Yr

      Retail Suites For Lease

      Retail suites available for lease at W Glendale Ave & 51st Ave.
      4935 W Glendale Ave, Glendale, AZ 85301
      View Details
    • Contact for pricing

      Retail Space at Busy Intersection

      Retail space available at a busy intersection in Glendale, Arizona.
      5008 W Northern Ave, Glendale, AZ 85302
      View Details
    • Contact for pricing

      Retail Space on Corner Lot

      Retail space available in a multi-tenant strip center.
      5929 W Peoria Ave, Glendale, AZ 85308
      View Details
    • $20 SF/Yr
      7,500 SF

      Glendale Property Near Arrowhead Mall

      Prime Glendale location near Arrowhead Mall and P83 Entertainment District.
      17431 North 71St Dr, Glendale, AZ 85308
      View Details
    • $16 SF/Yr

      Glendale Office Suites For Lease

      Multi-tenant office building with suites available for lease.
      4425 W Olive Ave, Glendale, AZ 85302
      View Details
    • $14 SF/Yr

      Retail Space on 43rd Avenue

      Retail space available for lease at 43rd Avenue and Peoria.
      10820 N 43Rd Ave, Glendale, AZ 85304
      View Details
    • Contact for pricing

      Office Sublease in Glendale Center

      Office space available for sublease in a convenient Glendale location.
      8910 N 43Rd Ave, Glendale, AZ 85302
      View Details
    • Contact for pricing

      Retail Space for Lease

      Retail suite available for lease at Cactus Rd & 43rd Ave.
      4323 W Cactus Rd, Glendale, AZ 85304
      View Details

    FAQs

    What type of property is this?
    Industrial property - Industrial buildings available for tenants and buyers in Glendale.
    Where is this industrial property located?
    The property is located at 85340 Usa Glendale, AZ.
    What are key features of this property?
    This property features: - Buildings 1-7 are move-in ready.; - Conveniently located north of Camelback Road on Litchfield Road.; - Close proximity to retail stores.
    (602) 735-5670
    Request Owner's contact information
    85340 Usa Glendale, AZ 85340
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    85340 Usa
    Glendale, AZ 85340
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    85340 Usa Glendale, AZ 85340
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    We can help!
    Listing Contact
    Mark Krison
    (602) 735-5670 (602) 735-5555
    Learn more
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!