5601-5609 W Glendale Ave, Glendale, AZ
Multi-tenant retail investment or owner-user property in Oldtown Glendale.
- Added:
- Jun 3, 2025
- Days on Market:
- 372
- Last Refresh:
- May 20 at 8:09 pm
Property Features for 5601-5609 W Glendale Ave
General Information
- Standard status
- Active
- Size
- 7,340 SF
- Lot size
- 0.40 Acres
- Property subtype
- OFFICE
Listing agent Beth Jo Zeitzer License #SA697209000
Listing office R.O.I. Properties (602) 319-1326
Listing date Jun 3, 2025
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 R.O.I. Properties
HighLights
- Great investment opportunity
- Low basis price per square foot
- Multi‑tenant retail investment or owner user property
- In Oldtown Glendale
- Flexible lease terms
- Providing re‑structuring value add opportunity
Overview
Local Financial Insights For Office B
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $193.8k | $26.40 |
| − Vacancy | −$43.6k | −$5.94 |
| EGI | $150.2k | $20.46 |
| − OpEx | −$37.5k | −$5.12 |
| NOI | $112.6k | $15.35 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Glendale
- County
- Maricopa
- State
- Arizona
- Longitude
- -112.18
- Latitude
- 33.5384
