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Property profile & analytics
OFF-MARKET Estimated value $1,305,000
Strip malls

20280 59th Ave Glendale, AZ 85308-6850

4,475 SF 4.32 ac lot Built 1999
Entity Owned 3-yr Hold Free & Clear
Property ID
US07-0012431
Property summary
AI-generated overview

This exceptional 1,500 square foot retail shop space is available for lease at Arrowhead Crossing, a thriving shopping center in Glendale, Arizona. Located at 20280 N 59th Ave, Glendale, AZ 85308 (NWC Beardsley Road & 59th Avenue), this property benefits from high visibility and excellent access. The space is part of a larger 96,700 square foot shopping center situated on 19.26 acres in Maricopa County. Arrowhead Crossing boasts a generous parking ratio of 6 spaces per 1,000 square feet, ensuring ample parking for customers. A key advantage is the center's prominent anchor tenant, Fry's Food & Drug, drawing significant foot traffic. The location offers exceptional accessibility, being directly off Loop 101 at 59th Avenue. High traffic counts further enhance the property's appeal, with 23,192 vehicles per day on N 59th Avenue and 12,093 vehicles per day on W Beardsley Road. This presents a unique opportunity for businesses seeking a high-traffic, well-located retail space in a thriving Glendale community. The property is designated as Suite 111 within the shopping center.

Property profile
Verified
Property type Strip malls
Use group SHOPPING CENTER, STRIP CENTER
Year built 1999
Total area 4,475 SF
Lot 4.32 ac (188,323 SF)
APN 200-22-410C
UPID US07-0012431
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
Current use
Occupant on record · Public records
  • Vision Heaven TV Film Production Television Studio
  • IMS Electric Inc. Electrical Service General Contractor
  • The UPS Store Courier Service Postal Service
  • The Stay Safe Project Consultant
  • Arizona Livescan Fingerprinting Fingerprinting Service
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
$920k
Comparable Approach Comparable
by Request
Blend (final) Blend
$1.31M
Owner & transaction history
Hunter S Walk LLC · 3 yrs held
Hunter S Walk LLC
since 2022
Last sale
$1.3M
3 recorded transactions
2022
Price N/A
2022
$1.3M
2022
$1.3M
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Auto repair, garage $2.0M +51.6%
Commercial (general) $1.4M +6.1%
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