2260 W Glendale Ave, Phoenix, AZ

Listing agent Chris Hollenbeck License #AZ SA584876000

Listing office Cushman & Wakefield | Phoenix Show Phone

Listing date Feb 23, 2023

Source Moodyscre

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

All listing content including descriptions, pricing, images are the copyrighted material of Cushman & Wakefield | Phoenix

Report an issue

---

Overview

This newly constructed retail property, completed in 2022, features an absolute NNN lease structure, assigning zero landlord responsibilities. The primary lease term is approximately 15 years, with attractive 10% rent increases scheduled every 5 years. The property is situated less than 2 miles from Grand Canyon University, which welcomed approximately 9,000 new students for the 2022-2023 academic year, adding to its existing campus-based student population of approximately 25,000. It is located across from Washington High School, which has approximately 1,806 students. The property is also less than 2 miles from Spectrum Shopping Mall, Bethany Towne Center, Los Altos Ranch Market, and Palm Glen Shopping Center. The property benefits from a hard corner location with frontage on Glendale Avenue, a major Phoenix thoroughfare with a traffic volume of approximately 45,318 vehicles per day. The property has a size of 830 square feet.

Suggested Use

Real Estate Agency Law Firm Restaurant Spa & Massage Center Hair Salon Dental Office Nail Salon Building Supply Gym & Fitness Center Daycare Center

Zoning and permitted uses should be independently verified with local authorities.

Location Insight

• Map
• Local Demand

City

Phoenix

County

Maricopa

State

Arizona

Longitude

-112.108

Latitude

33.5391

Nearby Similar for Sale

• 

  $1,900,000

  6,894 SF

  Phoenix Behavioral Health Center

  City licensed 10-bed behavioral health center on 0.89 acres.

  1522 W MYRTLE Avenue, Phoenix, AZ 85021

  View Details
• 

  $775,000

  2,853 SF

  Licensed Assisted Living Residence

  Assisted living home licensed for 10 residents, fully furnished, with upgraded finishes and a fenced pool and spa.

  607 W VILLA RITA Drive, Phoenix, AZ 85023

  View Details
• 

  $1,100,000

  1,150 SF

  Uptown Phoenix Multifamily Compound

  Rare fourplex compound on a large lot in Uptown Phoenix.

  746 W COOLIDGE Street, Phoenix, AZ 85013

  View Details
• 

  $499,000

  Phoenix Multifamily Value-Add Opportunity

  Multifamily property with two separate structures in central Phoenix.

  1212 E TAYLOR Street, Phoenix, AZ 85006

  View Details
• 

  $550,000

  1,741 SF

  Phoenix Assisted Living Investment Property

  Assisted living property with tenant in place until 2027.

  4305 E BRIARWOOD Terrace, Phoenix, AZ 85048

  View Details
• 

  $900,000

  Remodeled Multifamily Property in Phoenix

  Turnkey investment with immediate cash flow in Phoenix, Arizona.

  2925 N 38TH Street, Phoenix, AZ 85018

  View Details
• 

  $619,900

  1,485 SF

  Turnkey Phoenix Short-Term Rental

  Fully renovated, furnished 3-unit property with strong rental income.

  1515 W TONTO Street, Phoenix, AZ 85007

  View Details
• 

  $625,000

  Value-Add Opportunity in Downtown Phoenix

  Mixed-use property with income potential in a developing urban neighborhood.

  215 N 12TH Avenue, Phoenix, AZ 85007

  View Details
• 

  $489,900

  1,720 SF

  Phoenix Office Building Investment Opportunity

  Office building near I-17 with high visibility and flexible zoning.

  8545 N Black Cyn Highway, Phoenix, AZ 85021

  View Details
• 

  $640,000

  Cash Flowing Phoenix Fourplex

  Low maintenance fourplex near downtown Phoenix with upgraded units.

  1001 N 32ND Avenue, Phoenix, AZ 85009

  View Details
• 

  $614,500

  Phoenix Multifamily Investment Opportunity

  Value-add multifamily property with immediate income upside potential.

  4421 N 53RD Lane, Phoenix, AZ 85031

  View Details
• 

  $499,000

  1,216 SF

  Historic Coronado District Duplex

  Bungalow-style duplex in Phoenix's Coronado Historic District.

  2202 N 12TH Street, Phoenix, AZ 85006

  View Details

FAQs

What type of property is this?

Retail space - New retail construction with long-term lease and rent increases.

Where is this retail space located?

The property is located at 2260 W Glendale Ave Phoenix, AZ.

What is the asking price?

The asking price for this property is $1,909,090.

What are key features of this property?

This property features: Absolute NNN lease: zero landlord responsibilities.; New construction completed in 2022.; **±15 year primary lease term.**