Office Unit with Monument
For Sale
Contact for pricing
5540 W GLENDALE Avenue 5, Glendale, AZ 85301
Flexible commercial space in a two-story center supports creative office, professional services, or boutique retail use.
Property Size10 SF
Price / SF$200
Days on Market57
Property Features for 5540 W GLENDALE Avenue 5
General Information
Standard status
Active
Size
10 SF
Property subtype
Comm/Industry Lease
Site & Location
Corner Location
Yes
Road Access
Yes
Building Details
Year Built
1975
Stories
2
Listing Agency:
W and Partners, LLC
(602) 828-5767
Listed By:
Paul Sanchez
(623) 388-1338
Source:
Mariannashone
Added: Aug 26
Changed: Oct 21
Last Checked: Oct 20 at 7:55PM
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 W and Partners, LLC
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
Unit 5 is located within a two-story commercial center constructed in 1975 and offers flexible space for office-oriented operations. The property information supports creative office, professional services, boutique retail, and co-working uses, providing a range of potential commercial applications.
The unit sits at the corner of W Glendale Avenue and 52nd Avenue in Downtown Glendale, with exposure along a major arterial road. Monument signage opportunities and on-site parking are available, while the location provides access to the greater Phoenix metro area.
The unit sits at the corner of W Glendale Avenue and 52nd Avenue in Downtown Glendale, with exposure along a major arterial road. Monument signage opportunities and on-site parking are available, while the location provides access to the greater Phoenix metro area.
Key Highlights
- Unit 5 in a two‑story commercial center built in 1975
- Flexible format suited to creative office, professional services, boutique retail, or co‑working use
- Corner position at W Glendale Avenue and 52nd Avenue in Downtown Glendale
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$153
Suggested Prices Based on Cap Rates
Cap Rate 5%
$3,060
$3.1K
Cap Rate 7%
$2,186
$2.2K
Cap Rate 9%
$1,700
$1.7K
Market Conditions
NOI Build-Up for 10 SF
Gross rent
$264 $26.40/SF
− Vacancy
−$59 −$5.94/SF
EGI
$205 $20.46/SF
− OpEx
−$51 −$5.12/SF
NOI
$153 $15.35/SF
Area
Glendale, AZ
Vacancy
22.50%
Lease Rate
$26.40 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$3,060
Cap Rate 7%
$2,186
Cap Rate 9%
$1,700
Alternative Uses
Best Use
Office B
$2.2K
$1.9K – $2.6K
NOI $153 @ 7.0% cap · market cap 7.65%
Second Best
Retail
$1.6K
$1.4K – $1.9K
NOI $115 @ 7.0% cap · market cap 5.75%
Theoretical Best
Office A
$3.1K
$2.8K – $3.7K
NOI $220 @ 7.0% cap · market cap 11.00%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Current Use
Lease Details
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
1,509
Businesses Nearby
Explore this area
Business Placement
Demographics for 85301, AZ
67,380
Population
24,019
Households
2.8
Avg Household Size
30
Median Age
11%
College-Educated
71%
High-School Grad
9.3 sq mi
ZIP Area
7,245
Density / Sq Mi
$47,422
Median Household Income
$33,727
Median Earnings
$1,189
Median Rent
$218,100
Median Home Value
Market
Vacancy Rate% for Office in West region
Frequently Asked Questions
What type of property is this?
Office unit - Flexible commercial space in a two-story center supports creative office, professional services, or boutique retail use.
Where is this office unit located?
The property is located at 5540 W GLENDALE Avenue 5 Glendale, AZ.
What are key features of this property?
This property features: Unit 5 in a two‑story commercial center built in 1975; Flexible format suited to creative office, professional services, boutique retail, or co‑working use; Corner position at W Glendale Avenue and 52nd Avenue in Downtown Glendale
