Single-Story Office or
7115 N 55TH AVE Glendale, AZ 85301
7115 N 55TH AVE, Glendale, AZ, 85301
$410,000
For Sale
$410,000
Single-story suite with open layout, private offices, kitchen, two restrooms, new 2023 roof/HVAC, and outdoor playground.
Property Size1,457 SF
Price / SF$281.40
Days on Market106
Property Features for 7115 N 55TH AVE
General Information
- Standard status
- Active
- Size
- 1,457 SF
- Property subtype
- Other - Special Purpose
Listing agency
LevRose Commercial Real Estate
(480) 508-7442
Listed by
Bryn Norwood · License #SA704090000
Source
Commercialcafe
Added: Apr 7 Updated: Jul 20 at 10:57PM Checked: Jul 21 at 4:04AM
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 LevRose Commercial Real Estate
Investment Insights
Based on property information with market context.
This single-story property offers a functional interior layout with an open-plan area plus two private offices, a kitchen, and two restrooms. Additional operational conveniences include laundry hookups and extra power, along with a vaulted ceiling. Exterior amenities feature a playground with a shade structure, and the property has undergone major upgrades with a new roof and HVAC completed in 2023. Solar panels installed in 2023 are owned.
The site is positioned near downtown Glendale, providing straightforward access for day-to-day use.
On-site features support either educational-style programming or office occupancy, with the interior designed around common areas and separated rooms for privacy.
The site is positioned near downtown Glendale, providing straightforward access for day-to-day use.
On-site features support either educational-style programming or office occupancy, with the interior designed around common areas and separated rooms for privacy.
Key Highlights
- Single‑story 1,457 SF open layout suite with two private offices, kitchen, and two restrooms
- New roof and HVAC installed in 2023
- Solar panels installed in 2023, owned by the property
Local Financial Insights For Office B
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $38.5k | $26.40 |
| − Vacancy | −$8.7k | −$5.94 |
| EGI | $29.8k | $20.46 |
| − OpEx | −$7.5k | −$5.12 |
| NOI | $22.4k | $15.35 |
1,457 SF · lease $26.40/SF/yr · vacancy 22.50% · expense 25.00%
Alternative Uses
Best Use
Office B
$319.4K
$279.5K – $372.6K
NOI $22,358 @ 7.0% cap · market cap 5.45%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$457.7K
$400.5K – $533.9K
NOI $32,036 @ 7.0% cap · market cap 7.81%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Northwest Insurance Agency
Insurance Agency
Similar For Sale Nearby
Similar Off Market Nearby
- Glenn F. Burton Elementary School — 4801 W Maryland Ave, Glendale, AZ 85301
- Moore Creative Learning Center — 5412 W Glendale Ave, Glendale, AZ 85301
- Tots Unlimited — 6390 N 59th Ave, Glendale, AZ 85301
- Hermosa Givings Childcare — 6723 N 61st Ave, Glendale, AZ 85301
- The Children's Center — 5430 W Glenn Dr, Glendale, AZ 85301
FAQs
What type of property is this?
Day care center - Single-story suite with open layout, private offices, kitchen, two restrooms, new 2023 roof/HVAC, and outdoor playground.
Where is this day care center located?
The property is located at 7115 N 55TH AVE Glendale, AZ.
What is the asking price?
The asking price for this property is $410,000.
What are key features of this property?
This property features: Single‑story 1,457 SF open layout suite with two private offices, kitchen, and two restrooms; New roof and HVAC installed in 2023; Solar panels installed in 2023, owned by the property