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Fully Leased Multi-Tenant Retail Center
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5897-5917 N 91st Avenue, Glendale, AZ 85305

Fully leased multi-tenant retail center at a major Glendale sports-and-entertainment intersection.

Property Size9,465 SF
Price / SF$907.55
Days on Market105

Property Features for 5897-5917 N 91st Avenue

General Information

Standard status Active
Size 9,465 SF
Property subtype Retail
Occupancy 100%
Lease Type NNN
Investment Type Stabilized
Net Operating Income $450,790

Additional Details

Cap Rate 5.25%
Highway Access Yes

Building Details

Year Built 2026
Buildings 2
Tenancy Multi
Listing Agency: Diversified Partners
Listed By: John Jackson · License #SA586080000
Source: Crexi
Added: May 27 Changed: Sep 6 Last Checked: Sep 7 at 10:49AM

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 Diversified Partners

Investment Insights

Based on property information with market context.

91st & Cardinals Way Shops C-D is a fully leased, multi-tenant retail center totaling 9,465 square feet. The property consists of C-D retail space within a strip center format and is presented for sale with existing tenant occupancy.

The center is located at the highly trafficked intersection of 91st Avenue and Cardinals Way in Glendale’s premier sports and entertainment district. The remarks describe surrounding demand drivers including State Farm Stadium, Desert Diamond Arena, and the Westgate Entertainment District, which collectively support year-round activity from professional sports, concerts, tourism, and large-scale events. The site is also described as having strong regional accessibility with immediate proximity to Loop 101 and Interstate 10.

For buyers and operators, this offering provides an occupied retail asset positioned within a destination retail corridor with frequent visitor and event-driven foot traffic. The seller’s materials state the property currently generates NOI of $450,790 and is offered at $8,590,000, representing a 5.25% cap rate, making it a turnkey option for those seeking a stabilized retail center within the Glendale entertainment market.

Key Highlights

  • ±9,465 SF fully leased, multi‑tenant retail center (91st & Cardinals Way Shops C‑D)
  • Financials: $450,790 NOI and listed at $8,590,000 (5.25% cap rate)
  • Located at the highly trafficked intersection of 91st Avenue and Cardinals Way in Glendale

Property Analytics

Current Use

Strip malls

Suggested Use

Top Pick Dental Office Pharmacy Building Supply Skin Care Clinic Grocery & Convenience Store (Bike/Boat/Book/etc) Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Yes
Highway access

Location Intelligence

Trade Area within ½ mile

461
Businesses Nearby

Demographics for 85305, AZ

14,055
Population
5,977
Households
2.4
Avg Household Size
33
Median Age
26%
College-Educated
88%
High-School Grad
6.1 sq mi
ZIP Area
2,304
Density / Sq Mi
$99,565
Median Household Income
$44,169
Median Earnings
$1,867
Median Rent
$410,100
Median Home Value

Market

Vacancy Rate% for Retail in West region

7% 2020
6.3% 2021
5.5% 2022
5.3% 2023
5.5% 2024
5.8% 2025
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Frequently Asked Questions

What type of property is this?
Strip mall - Fully leased multi-tenant retail center at a major Glendale sports-and-entertainment intersection.
Where is this strip mall located?
The property is located at 5897-5917 N 91st Avenue Glendale, AZ.
What is the asking price?
The asking price for this property is $8,590,000.
What are key features of this property?
This property features: ±9,465 SF fully leased, multi‑tenant retail center (91st & Cardinals Way Shops C‑D); Financials: $450,790 NOI and listed at $8,590,000 (5.25% cap rate); Located at the highly trafficked intersection of 91st Avenue and Cardinals Way in Glendale
(602) 400-5084 Call to check price and availability
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