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    5814 Olive Ave Glendale, AZ 85302

    For Lease
    Contact for pricing

    Prime Glendale Retail: Multiple Suites Available

    Lot size:
    63,481 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    369
    This exceptional retail opportunity, located at 5814 W Olive Ave in Glendale, Arizona (zip code 85302), offers 63,481 square feet of space in a multi-tenant building. Four suites are available, with a minimum divisible space of 3,006 square feet and a maximum contiguous space of 28,685 square feet. Currently, 60,744 square feet are vacant, presenting a significant opportunity for businesses seeking prime retail space in a high-traffic area. The property is zoned C-C, ensuring flexibility for a variety of retail uses. Its strategic location directly across from Glendale Community College, with its 19,000 students, provides a built-in customer base. Furthermore, its proximity to major transportation arteries, including the US-60 Freeway (Grand Avenue, approximately 2 miles away), and the Metrocenter Mall (just over 3 miles away), ensures high visibility and accessibility. Metrocenter features anchor tenants such as Walmart, Dillard's, Harkins Theatres, and more, further enhancing the area's retail appeal. The property also benefits from a strong industrial employment core to the west and southwest, and is surrounded by densely populated neighborhoods. This combination of factors makes this property an ideal location for businesses seeking high visibility, strong foot traffic, and a diverse customer base in a thriving Maricopa County market.

    Property Features for 5814 Olive Ave

    General Information

    Property type
    Individual retail properties
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    63,481 SF

    Unit(s) available at that property

    Space
    Anchor A
    Size
    28,685 SF
    Space
    Suite 103
    Size
    17,059 SF
    Space
    Suite 103
    Size
    11,994 SF
    Space
    Drive-Thru PAD
    Size
    3,006 SF

    HighLights

    • High‑traffic location directly across from Glendale Community College, serving 19,000 students.
    • Two miles from the US‑60 Freeway (Grand Avenue).
    • Three miles from Metrocenter Mall, featuring major anchors including Walmart, Dillard's, Sears, and Harkins Theatres.
    • Strong industrial employment base to the west and southwest.
    • Surrounded by dense residential neighborhoods.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Pizza Patrón West ... Pizza Restaurant Rollz N' Boba Ice Cream Shop Door To Door Garage ... Garage Door Supplier Arizona Affordable Shipping Shipping Company Platinum Barber Shop Barber Shop

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

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

    Location Insight

    • Map
    • Local Demand
    City
    Glendale
    County
    Maricopa
    State
    Arizona
    Longitude
    -112.183866
    Latitude
    33.568805

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    FAQs

    What type of property is this?
    Individual retail property - Prime Glendale Retail: Multiple Suites Available
    Where is this individual retail property located?
    The property is located at 5814 Olive Ave Glendale, AZ.
    What are key features of this property?
    This property features: High-traffic location directly across from Glendale Community College, serving 19,000 students.; Two miles from the US-60 Freeway (Grand Avenue).; Three miles from Metrocenter Mall, featuring major anchors including Walmart, Dillard's, Sears, and Harkins Theatres.
    Request Owner's contact information
    5814 Olive Ave Glendale, AZ 85302
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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
    5814 Olive Ave Glendale, AZ 85302
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