7941 Glendale Rd Glendale, AZ 85303
This exceptional 5,040-square-foot auto shop, located at 7941 W Glendale Road in Glendale, Arizona, presents a lucrative investment opportunity. Boasting a spacious 29,621-square-foot lot, the property offers ample space for operations and expansion. Built in 1976, the building is zoned C-3, allowing for flexible usage within the commercial sector. The property includes 8.53 parking spaces per 1,000 square feet, ensuring convenient access for customers and employees. Currently occupied by a car dealer under a long-term lease with annual rent increases, this presents a stable income stream. The lease is month-to-month, offering flexibility for future plans. The property's strategic location offers unparalleled convenience, situated minutes from major attractions including State Farm Stadium, Tanger Outlets, Desert Diamond Casino, Top Golf, and the en Fuego Development. This prime location and flexible zoning designation make this property ideal for a variety of automotive-related businesses or potential redevelopment. The asking price is $1,200,000. This is a rare opportunity to acquire a well-established, high-traffic commercial property in a rapidly growing area of Glendale, Arizona. Serious inquiries only.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
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Property description
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