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Glendale Restaurant with Liquor License
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5912 W Glendale Ave, Glendale, AZ

Turn-key restaurant in Downtown Glendale with FF&E and license.

Property Size11,367 SF
Lot Size0.48 Acres
Price / SF$228.73
Days on Market341

Property Features for 5912 W Glendale Ave

General Information

Standard status Active
Size 11,367 SF
Lot size 0.48 Acres
Property subtype RETAIL
Listing Agency: R.O.I. Properties
Listed By: Reuben Nach · License #SA687040000
Source: Moodyscre
Added: Nov 19, 2025 Changed: Oct 26 Last Checked: Oct 24 at 7:54PM

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

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Investment Insights

Based on property information with market context.

This property features a top-rated Mariscos restaurant located in the heart of Downtown Glendale. The sale includes FF&E, a liquor license, and other business assets. The restaurant benefits from a busy location and has established brand recognition. All major systems are reported to be in phenomenal condition. The property size is 11367 square feet.

Key Highlights

  • Top rated Mariscos Restaurant with brand recognition
  • Busy location in the heart of Downtown Glendale
  • Includes FF&E, liquor license, and other business assets

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$152,227
Cap Rate
5.85%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$3,044,540 $3.0M
Cap Rate 7%
$2,174,671 $2.2M
Cap Rate 9%
$1,691,411 $1.7M
Market Conditions
NOI Build-Up for 11,367 SF
Gross rent
$218.2K $19.20/SF
− Vacancy
−$15.3K −$1.34/SF
EGI
$203.0K $17.86/SF
− OpEx
−$50.7K −$4.46/SF
NOI
$152.2K $13.39/SF
Area
Glendale, AZ
Vacancy
7.00%
Lease Rate
$19.20 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$3,044,540
Cap Rate 7%
$2,174,671
Cap Rate 9%
$1,691,411

Alternative Uses

Best Use
Specialty Retail
$2.17M
$1.90M – $2.54M (±1% cap)
NOI $152,227 @ 7.0% cap · market cap 5.85%
Second Best
Retail
$1.87M
$1.64M – $2.18M (±1% cap)
NOI $131,050 @ 7.0% cap · market cap 5.04%
Theoretical Best
Office A
$3.57M
$3.12M – $4.17M (±1% cap)
NOI $249,936 @ 7.0% cap · market cap 9.61%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

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Current Use

Mariscos y Sushi ... Restaurant

Suggested Use

Top Pick Real Estate Agency Pharmacy Gym & Fitness Center Law Firm Storage Facility Veterinary Clinic

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

Location Intelligence

Trade Area within ½ mile

1,396
Businesses Nearby
Under-served
Demand for This Use
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

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

Similar Off Market Nearby

  • Carlyn La Beaute LLC — 6529 W Ocotillo Rd, Glendale, AZ 85301

Frequently Asked Questions

What type of property is this?
Restaurant - Turn-key restaurant in Downtown Glendale with FF&E and license.
Where is this restaurant located?
The property is located at 5912 W Glendale Ave Glendale, AZ.
What is the asking price?
The asking price for this property is $2,600,000.
What are key features of this property?
This property features: Top rated Mariscos Restaurant with brand recognition; Busy location in the heart of Downtown Glendale; Includes FF&E, liquor license, and other business assets
(602) 881-4724 Call to check price and availability
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