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New Retail Construction in Glendale
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5960 W Northern Ave, Glendale, AZ 85301

New construction retail space in Phoenix MSA, 5.00% CAP.

Property Size1,040 SF
Price / SF$2,884
Days on Market190

Property Features for 5960 W Northern Ave

General Information

Standard status Active
Size 1,040 SF
Property subtype Retail
Occupancy 100%
Lease Type Absolute Net
Investment Type Net Lease
Net Operating Income $150,000

Building Details

Year Built 2026
Tenancy Single
Listing Agency: Cushman & Wakefield - Phoenix, Arizona
Listed By: Chris Hollenbeck · License #SA584876000
Source: Crexi
Added: Mar 27 Changed: Sep 30 Last Checked: Oct 1 at 9:00AM

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 Cushman & Wakefield - Phoenix, Arizona

Investment Insights

Based on property information with market context.

This is a new construction retail space located within the Phoenix MSA. The property offers 1040 square feet of space and is being offered for sale at a 5.00% CAP rate.

Key Highlights

  • New construction
  • 5.00% CAP rate
  • Located in Phoenix MSA

Property Analytics

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Current Use

Retail space

Suggested Use

Top Pick Real Estate Agency Law Firm Pharmacy Daycare Center Gym & Fitness Center Computer & Electronic Repair

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

465
Businesses Nearby
7k
Monthly Visits Nearby

Foot Traffic Nearby

Shops & Services 88% Home Improvements & Furnishings 12%
76 Shops & Services
6,228 visits/mo 0.3 miles
Sherwin-Williams Paint Store Home Improvements & Furnishings
830 visits/mo 0.2 miles

Demographics for 85301, AZ

67,380
Population
24,019
Households
2.8
Avg Household Size
30
Median Age
11%
College-Educated
71%
High-School Grad
9.3 sq mi
ZIP Area
7,245
Density / Sq Mi
$47,422
Median Household Income
$33,727
Median Earnings
$1,189
Median Rent
$218,100
Median Home Value
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
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Frequently Asked Questions

What type of property is this?
Retail space - New construction retail space in Phoenix MSA, 5.00% CAP.
Where is this retail space located?
The property is located at 5960 W Northern Ave Glendale, AZ.
What is the asking price?
The asking price for this property is $3,000,000.
What are key features of this property?
This property features: New construction; 5.00% CAP rate; Located in Phoenix MSA
(602) 224-4475 Call to check price and availability
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