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Fully Leased Multi-Tenant Retail Center
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Pending

5977 N 91st Avenue, Glendale, AZ 85305

Fully leased retail center at a major Glendale intersection with nearby sports and entertainment venues.

Property Size3,600 SF
Days on Market105

Property Features for 5977 N 91st Avenue

General Information

Standard status Pending
Size 3,600 SF
Property subtype Retail
Occupancy 100%
Lease Type NNN
Investment Type Stabilized
Net Operating Income $152,453

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
Source: Crexi
Added: May 27 Changed: Aug 26 Last Checked: Aug 14 at 7:27AM

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 A is a ±3,600-square-foot, fully leased multi-tenant retail center. The property is configured to support multiple retail tenants and is currently producing an NOI of $152,453. The offering is presented at $2,900,000, reflecting a 5.25% cap rate.

The center is located at the highly visible intersection of 91st Avenue and Cardinals Way in Glendale’s sports and entertainment district. It sits near Loop 101 and Interstate 10, providing straightforward regional connectivity across the Phoenix metro area. The surrounding area includes State Farm Stadium, Desert Diamond Arena, and Westgate Entertainment District.

For investors, this asset offers a retail-based income stream with occupancy already in place, supported by day-to-evening activity tied to major venues and events in the district. For retail operators, the center’s multi-tenant format can align well with businesses seeking an established retail setting within Glendale’s entertainment corridor, where foot traffic is supported by nearby attractions and visitor demand.

Key Highlights

  • ±3,600 SF fully leased, multi‑tenant retail center at 91st Avenue and Cardinals Way (Glendale)
  • Year built: 2026
  • Net operating income (NOI) of $152,453

Property Analytics

Current Use

Shopping centers

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
Well-served
Demand for This Use

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
Rey
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Similar Off Market Nearby

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Frequently Asked Questions

What type of property is this?
Shopping center - Fully leased retail center at a major Glendale intersection with nearby sports and entertainment venues.
Where is this shopping center located?
The property is located at 5977 N 91st Avenue Glendale, AZ.
What is the asking price?
The asking price for this property is $2,900,000.
What are key features of this property?
This property features: ±3,600 SF fully leased, multi‑tenant retail center at 91st Avenue and Cardinals Way (Glendale); Year built: 2026; Net operating income (NOI) of $152,453
(602) 400-5084 Call to check price and availability
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