Automotive Space with Flexible
For Sale
Contact for pricing
7935-7941 W Glendale Ave, Glendale, AZ 85303
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 Market110
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
(480) 947-0600
Listed By:
Sean Lieb · License #742FA625-6C3D-44FC-A693-98BC8ACBDB82
(602) 376-9797
Source:
Moodyscre
Added: Jul 6
Changed: Oct 4
Last Checked: Oct 20 at 9:23PM
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
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
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
Estimated NOI and Cap Rate
NOI / Yr
$58,106
Cap Rate
4.84%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,162,120
$1.2M
Cap Rate 7%
$830,086
$830.1K
Cap Rate 9%
$645,622
$645.6K
Market Conditions
NOI Build-Up for 5,040 SF
Gross rent
$90.7K $18.00/SF
− Vacancy
−$7.7K −$1.53/SF
EGI
$83.0K $16.47/SF
− OpEx
−$24.9K −$4.94/SF
NOI
$58.1K $11.53/SF
Area
Glendale, AZ
Vacancy
8.50%
Lease Rate
$18.00 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,162,120
Cap Rate 7%
$830,086
Cap Rate 9%
$645,622
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 authorities.
How Realmo checks its estimates
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
232
Businesses Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Demographics for 85303, AZ
34,252
Population
10,423
Households
3.3
Avg Household Size
31
Median Age
14%
College-Educated
82%
High-School Grad
6.8 sq mi
ZIP Area
5,037
Density / Sq Mi
$75,077
Median Household Income
$39,346
Median Earnings
$1,476
Median Rent
$286,800
Median Home Value
Market
Vacancy Rate% for Retail in West region
Similar Off Market Nearby
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- KG Brakes/More — 7421 w tuckey ln, glendale, az 85303
- Karimi Towing LLC — 8749 W Fleetwood Ln, Glendale, AZ 85305
- 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
Frequently Asked Questions
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)
