Fully Leased Multi-Tenant Retail
For Sale
Contact for pricing
5937 N 91st Avenue, Glendale, AZ 85305
Fully leased retail center generating NOI with multiple tenant suites near major Glendale sports venues.
Property Size12,421 SF
Price / SF$859.03
Days on Market102
Property Features for 5937 N 91st Avenue
General Information
Standard status
Active
Size
12,421 SF
Property subtype
Retail
Occupancy
100%
Lease Type
NNN
Investment Type
Stabilized
Net Operating Income
$560,074
Additional Details
Cap Rate
5.25%
Highway Access
Yes
Building Details
Year Built
2026
Tenancy
Multi
Listing Agency:
Diversified Partners
Listed By:
John Jackson · License #SA586080000
(602) 400-5084
Source:
Crexi
Added: May 27
Changed: Aug 31
Last Checked: Sep 3 at 11:23AM
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.
This fully leased, multi-tenant retail center, identified as “Shops B,” totals 12,421 square feet and is configured to support multiple storefront tenants within a strip-style retail property. The offering is presented with current income of $560,074 NOI and is listed for $10,670,000, reflecting a 5.25% cap rate.
The property is located at the intersection of 91st Avenue and Cardinals Way in Glendale’s sports and entertainment district. It is positioned for strong visibility and regional access, with proximity to Loop 101 and Interstate 10. The surrounding area includes State Farm Stadium, Desert Diamond Arena, and Westgate Entertainment District, bringing a steady mix of destination activity throughout the year.
For retail investors and operators seeking an established, fully occupied asset, this center offers a straightforward multi-tenant structure with in-place leasing. Its adjacency to major entertainment venues and its connectivity to key regional roadways can support consistent customer draw from both local and out-of-area visitors.
The property is located at the intersection of 91st Avenue and Cardinals Way in Glendale’s sports and entertainment district. It is positioned for strong visibility and regional access, with proximity to Loop 101 and Interstate 10. The surrounding area includes State Farm Stadium, Desert Diamond Arena, and Westgate Entertainment District, bringing a steady mix of destination activity throughout the year.
For retail investors and operators seeking an established, fully occupied asset, this center offers a straightforward multi-tenant structure with in-place leasing. Its adjacency to major entertainment venues and its connectivity to key regional roadways can support consistent customer draw from both local and out-of-area visitors.
Key Highlights
- 12,421 SF fully leased multi‑tenant retail center (Shops B)
- Generates $560,074 NOI offered at $10,670,000
- Offered at a 5.25% cap rate
Property Analytics
Property Profile
Current Use
Lease Details
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
461
Businesses Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
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
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Frequently Asked Questions
What type of property is this?
Shopping center - Fully leased retail center generating NOI with multiple tenant suites near major Glendale sports venues.
Where is this shopping center located?
The property is located at 5937 N 91st Avenue Glendale, AZ.
What is the asking price?
The asking price for this property is $10,670,000.
What are key features of this property?
This property features: 12,421 SF fully leased multi‑tenant retail center (Shops B); Generates $560,074 NOI offered at $10,670,000; Offered at a 5.25% cap rate
