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    5455 51St Ave Glendale, AZ 85301

    Sponsored
    For Lease
    $13 SF/Yr

    Multiple Tenant Warehouse Space Available in Glendale, AZ

    Lot size:
    96,000 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This Glendale, Arizona industrial property, located at 5455 N 51st Ave, offers 96,000 square feet of warehouse space in a multi-tenant building. The property is classified as Class B and was constructed in 1974. Individual units are available, with a minimum divisible space of 2,400 square feet, allowing for flexibility to accommodate various business needs. The warehouse boasts a generous 18-foot ceiling height, providing ample vertical storage capacity. Loading and unloading are facilitated by 19 loading docks, ensuring efficient operations. Ample parking is available with 80 total parking spaces. The property sits on 4.2 acres of land and is zoned M-2, suitable for heavy industrial uses. Electrical service includes 100-300 amp, 120-208 volt, 3-phase power. The property is located in Maricopa County, Arizona, with a Glendale zip code of 85301. This well-located warehouse offers a significant opportunity for businesses seeking versatile and functional industrial space in a thriving area. The property features evaporative cooling and fire sprinklers, enhancing safety and operational efficiency.

    Property Features for 5455 51St Ave

    General Information

    Property type
    Distribution properties
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    96,000 SF
    Class
    B
    Total Rate
    105600

    Building Details

    Year Built
    1974

    Unit(s) available at that property

    Space
    10-13
    Size
    9,600 SF
    Rate per SF
    $13
    Space
    30
    Size
    4,800 SF
    Rate per SF
    $13
    Space
    14-27
    Size
    33,600 SF
    Rate per SF
    $13

    HighLights

    • 96,000 SF warehouse in Glendale, AZ multi‑tenant building.
    • Class B industrial building constructed in 1974.
    • Units available from 2,400 SF minimum.
    • 18' ceiling height, 19 loading docks, and 80 parking spaces.
    • 4.2‑acre lot, M‑2 zoning.
    • 100‑300 amp, 120‑208 volt, 3‑phase power; evaporative cooling and fire sprinklers.
    Property Profile Location Intelligence

    Current Use by Public Records

    Sissoko Tribal Arts African Goods Store Detailing Car Detailing Service Western Colloid - Phoenix Roofing Contractor C C Pollen Vitamin & Supplements Store AA Hotshot and Logistics Transportation Service

    Suggested Use

    Restaurant Realty agency Law Firm Spa & Massage Building Supply Dental Office Wholesale Shop Hair Salon Auto Repair Shop Clothing Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Glendale
    County
    Maricopa
    State
    Arizona
    Longitude
    -112.1659355
    Latitude
    33.5160014

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    FAQs

    What type of property is this?
    Distribution property - Multiple Tenant Warehouse Space Available in Glendale, AZ
    Where is this distribution property located?
    The property is located at 5455 51St Ave Glendale, AZ.
    What is the lease rate?
    The lease rate is $13-$13 SF/Yr.
    What are key features of this property?
    This property features: 96,000 SF warehouse in Glendale, AZ multi-tenant building.; Class B industrial building constructed in 1974.; Units available from 2,400 SF minimum.
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    5455 51St Ave Glendale, AZ 85301
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