5732 Market St Glendale, AZ 85301

Property Details for 5732 Market St

Lot size

0.12 lot acres

Zone code

M-1

Property type

Commercial real estate

APN

146-01-064A

APU

14601064A

Description

This exceptional Glendale industrial property presents a unique investment opportunity. Strategically located near downtown Glendale, off Grand Ave/US 60, this property boasts unparalleled access to major highways and local amenities. Zoned M-1 light industrial, it offers remarkable versatility for a wide range of business operations. The property encompasses two lots totaling over 20,000 square feet, featuring substantial existing facilities perfectly suited for industrial use. The main structure includes a spacious 8,800 square-foot warehouse, equipped with five bay doors (four full bays) for efficient loading and unloading. This warehouse space is ideal for light manufacturing, storage, assembly, or distribution. In addition, the property includes a fully built-out, climate-controlled office space, providing comfortable and functional administrative areas. The property's current single-owner occupancy presents a significant advantage, with the potential for future expansion or customization to meet evolving business needs. The 0.48-acre lot also offers ample room for future development. Given the thriving local economy and high demand for industrial space, there's a strong possibility of subdividing the property into three separate warehouse units for leasing to multiple tenants, maximizing rental income and return on investment. This property represents a rare chance to acquire a substantial, well-located industrial asset with significant upside potential.

Location Insight

City

Glendale

County

Maricopa

State

Arizona

Longitude

-112.183

Latitude

33.5352

CBSA code

38060

CBSA name

PHOENIX-MESA-SCOTTSDALE, AZ METROPOLITAN STATISTICAL AREA

Property Tax & Assessments