5820 Greenway Rd Glendale, AZ 85306
Greenway Plaza, located at 5820 W Greenway Rd in Glendale, AZ (zip code 85306), presents a compelling retail investment opportunity. This Class B property, built in 1986, comprises three single-story buildings totaling 70,729 square feet on a 6.96-acre lot (303,346 square feet). The property features 20 suites, with a minimum divisible space of 1,037 square feet and a maximum contiguous space of 28,000 square feet. Currently, 31,607 square feet are vacant, offering significant potential for new tenants. The property boasts excellent visibility and accessibility, situated at the prominent intersection of Greenway Road and 59th Avenue. Ample parking is available with 350 spaces. Property taxes are $1.06 per square foot. The property's APN is 231-01-206A. Electricity varies by suite. Eight spaces are currently available. This is a multi-tenant property offering a diverse range of possibilities for retail businesses. The property's size and location make it an ideal investment for both established businesses and new ventures seeking a high-traffic location in Glendale, Arizona.
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Official MLily Store Furniture & Home Goods
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Good Nights Sleep Mattress Store Furniture & Home Goods
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A Quilted Country Bear (Bike/Boat/Book/etc) Store Home Decor Store
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Heart C.A.R.E. Counseling Counselor Career Guidance Service
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Grand Desert Screen Printing LLC Textile Manufacturer Factory
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
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No recorded transactions found for this property.
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Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.