51st Ave & Olive Ave Glendale, AZ 85302
- Retail properties
- 111,308 SF
Current Use by Public Records
- Retail properties
Property Details for 51st Ave & Olive Ave
- Property size
- 111,308 SF
- Property type
- Retail properties
- Property subtype
- Retail space
Description
This exceptional retail opportunity is located at the highly trafficked intersection of 51st Avenue and Olive Avenue in Maricopa County. The property, a newly developed grocery-anchored center, offers a total of 111,308 square feet of retail space, with three spaces currently available. Units range from a minimum of 2,000 square feet to a maximum contiguous space of 58,067 square feet, providing flexibility for a variety of retail uses. A significant 62,909 square feet is currently vacant, presenting a unique chance to establish a presence in a thriving commercial area. The property boasts a C-2 zoning designation, allowing for diverse retail and commercial applications. This in-fill location benefits from an established trade area and exceptional visibility, with a daily traffic count exceeding 136,000 vehicles. The surrounding area demonstrates strong demographics, with a population of 492,000 residents within a five-mile radius, ensuring a substantial customer base. The available spaces include both pad sites and future shop spaces, offering a variety of options to suit different business needs and expansion plans. This is an ideal location for businesses seeking high visibility and access to a large consumer market. Don't miss this opportunity to secure prime retail space in a rapidly growing area.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Glendale
- County
- Maricopa
- State
- Arizona
- Longitude
- -112.169
- Latitude
- 33.5674
