Fully Leased Multi-Tenant Retail
5937 N 91st Avenue Glendale, AZ 85305
5937 N 91st Avenue, Glendale, AZ, 85305
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For Sale
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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 Market56
Property Features for 5937 N 91st Avenue
General Information
- Standard status
- Active
- Size
- 12,421 SF
- Property subtype
- Retail
Building Details
- Year Built
- 2026
Listing agency
Diversified Partners
Listed by
John Jackson · License #SA586080000
Source
Crexi
Added: May 27 Updated: Jul 10 at 1:50PM Checked: Jul 20 at 7:17AM
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
Location Intelligence
Current Use by Public Records
Shopping centers
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FAQs
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