Automotive Space with Flexible
7935-7941 W Glendale Ave Glendale, AZ 85303
For Sale
Contact for pricing
Automotive space offered with a car dealer lease and annual increases, with the tenant currently month-to-month.
Property Size5,040 SF
Price / SF$238.10
Days on Market18
Property Features for 7935-7941 W Glendale Ave
General Information
- Standard status
- Active
- Size
- 5,040 SF
- Property subtype
- RETAIL
Listing Agency:
LevRose Commercial Real Estate
(602) 376-9797
Listed By:
Sean Lieb · License #742FA625-6C3D-44FC-A693-98BC8ACBDB82
(602) 376-9797
Source:
Moodyscre
Added: Jul 6
Changed: Jul 23
Last Checked: Jul 23 at 7:30AM
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 automotive property includes approximately 12,000 SF of automotive space and is being offered for sale with a long-term lease structure that includes annual increases with a car dealer. The current tenant is month-to-month, with a note that the tenant is not to be disturbed.
The property is located at 7935-7941 W Glendale Ave in Glendale, AZ 85303, with nearby retail and entertainment destinations including Tanger Outlets, Desert Diamond Casino, Topgolf, and En Fuego Development, and minutes from State Farm Stadium.
The listing also notes a flexible zoning designation, which may support a range of automotive-oriented uses depending on what is permitted under the applicable zoning rules.
The property is located at 7935-7941 W Glendale Ave in Glendale, AZ 85303, with nearby retail and entertainment destinations including Tanger Outlets, Desert Diamond Casino, Topgolf, and En Fuego Development, and minutes from State Farm Stadium.
The listing also notes a flexible zoning designation, which may support a range of automotive-oriented uses depending on what is permitted under the applicable zoning rules.
Key Highlights
- ±2,000 SF automotive space for lease
- Tenant has a long‑term car dealer lease with annual increases
- Tenant is currently month‑to‑month (do not disturb)
Financial Insights For Retail
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 | $90.7k | $18.00 |
| − Vacancy | −$7.7k | −$1.53 |
| EGI | $83.0k | $16.47 |
| − OpEx | −$24.9k | −$4.94 |
| NOI | $58.1k | $11.53 |
5,040 SF · lease $18.00/SF/yr · vacancy 8.50% · expense 30.00%
Alternative Uses
Best Use
Retail
$830.1K
$726.3K – $968.4K
NOI $58,106 @ 7.0% cap · market cap 4.84%
Second Best
Industrial
$566.7K
$495.9K – $661.2K
NOI $39,671 @ 7.0% cap · market cap 3.31%
Theoretical Best
Office A
$1.58M
$1.39M – $1.85M
NOI $110,819 @ 7.0% cap · market cap 9.23%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Auto shops
Similar Off Market Nearby
- Karimi Towing LLC — 8749 W Fleetwood Ln, Glendale, AZ 85305
- KG Brakes/More — 7421 w tuckey ln, glendale, az 85303
- CAPITAL TOWING LLC, SERVICIO DE GRUAS — 6765 N 74th Dr, Glendale, AZ 85303
- Glendale’s Best Auto Repair LLC — 8334 W Glendale Ave, Glendale, AZ 85305
- Amazing tintz — 8501 W Ocotillo Rd, Glendale, AZ 85305
FAQs
What type of property is this?
Auto shop - Automotive space offered with a car dealer lease and annual increases, with the tenant currently month-to-month.
Where is this auto shop located?
The property is located at 7935-7941 W Glendale Ave Glendale, AZ.
What is the asking price?
The asking price for this property is $1,200,000.
What are key features of this property?
This property features: ±2,000 SF automotive space for lease; Tenant has a long‑term car dealer lease with annual increases; Tenant is currently month‑to‑month (do not disturb)
