23425 N 39Th Dr, Glendale, AZ 85310
- Outlet malls
- 42,504 SF
- 5.32 lot acres
Current Use by Public Records
- I & S Tax Service LLC / Tax Preparation
- Jo Jo's Pizza & Family Restaurant / Restaurant
- Subway / Take-out & Catering / Catering Service
- Skin Haus AZ / Medical Clinic / Skin Care Clinic
- Acential Reiki / Physician / Alternative Medicine Practice
Property Details for 23425 N 39Th Dr
- Year built
- 1996
- Construction
- CONCRETE
- Lot size
- 5.32 lot acres
- Zone code
- PSC
- Property type
- Outlet malls
- Property subtype
- Shopping centers
- APN
- 205-11-990C
- APU
- 20511990C
Sales History
| Date | Price | Buyer | Seller | Deed Type | Mortgage |
|---|---|---|---|---|---|
| Apr 16, 2019 | $10,700,000 | Phoenix East Holdings LLC | First Ave Wetmore Office Plaza LLC | Special Warranty Deed | $6.4M · Desert Financial Cu |
| Jun 10, 2016 | $8,700,000 | First Ave Of Wetmore Office Pl | Plc Pinnacle Peak LLC | Grant Deed · related | $7M · Woodtrust Bk NA |
Description
This established ProStyles Barbershop, located at 23425 N 39th Dr, Glendale, AZ 85310, presents a unique owner-user opportunity. The 1,122 square foot property is situated in a prime location near major attractions including the TSMC chip manufacturing plant and Six Flags Hurricane Harbor. The barbershop boasts a strong online presence with a custom website, point-of-sale system, and online appointment scheduling, all contributing to a streamlined and efficient operation. With a loyal clientele and a proven track record of success over the past 10 years, this business offers significant upside potential. The current owner is willing to remain involved, along with two other barbers, providing continuity and expertise for the new owner. The asking price is $200,000 ($178.25/sq ft). The property features low overhead and a system designed for growth. The building, one of sixteen in the complex, was built 30 years ago and renovated 9 years ago. The current lease is a NNN lease expiring June 30, 2024, with lease options available for 2 or 5 years. The barbershop offers $30 haircuts and has consistently received five-star reviews. This is an exceptional opportunity for an owner-operator seeking a well-established, profitable business with significant growth potential in a high-traffic area. The property is a single-story building within a multi-tenant complex that includes Taco Bell, McDonald's, KFC, and Goodwill, among others.
Value Estimations
-
Comparable approach
- Method
- Estimation
- Statistic Estimate
- $10,803,000
- AI Estimate
- $10,803,000
Market price range: $5.55M - $18.3MMarket price range: $5.55M - $18.3M -
Alternative Use
- Use
- Estimation
- RETAIL STORES
- $11,295,000 Current use
- OFFICE BUILDING
- $13,605,000 Change: +20% Conversion: Easy
- COMMERCIAL (GENERAL)
- $13,030,000 Change: +15% Conversion: Easy
- NEIGHBORHOOD: SHOPPING CENTER
- $12,280,000 Change: +9% Conversion: Moderate
- MEDICAL BUILDING
- $9,745,000 Change: -14% Conversion: Difficult
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Location Insight
- Map
- Local Demand
- City
- Glendale
- County
- Maricopa
- State
- Arizona
- Longitude
- -112.142
- Latitude
- 33.6992
- CBSA code
- 38060
- CBSA name
- PHOENIX-MESA-SCOTTSDALE, AZ METROPOLITAN STATISTICAL AREA
