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Property profile & analytics
OFF-MARKET
Retail properties & Spaces

51st Ave & Olive Ave Glendale, AZ 85302

111,308 SF
Property ID
Property summary
AI-generated overview

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.

Property profile
Verified
Property type Retail properties & Spaces
Total area 111,308 SF
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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