5102 Peoria Ave Glendale, AZ 85302-1618
- Strip malls
- 12,300 SF
- 1.34 lot acres
Current Use by Public Records
- Sun Devil Auto / Auto Repair Shop / Auto Air Conditioning Service
- Dave's Car Care / Car Repair And Maintenance
- Daves Tire & Auto Corral / Auto Repair Shop
Property Details for 5102 Peoria Ave
- Year built
- 1977
- Construction
- CONCRETE
- Lot size
- 1.34 lot acres
- Property size
- 12,300 SF
- Zone code
- C-2
- Property type
- Strip malls
- Property subtype
- Neighborhood centers
- APN
- 148-26-164
- APU
- 14826164
Description
This Glendale, Arizona retail property, located at 5102 W Peoria Ave, offers 12,300 square feet of space in a single-story, 3-suite shopping center. Built in 1977, the property sits on a 58,153 square foot lot and is zoned C-2. The suites are available individually or contiguously, with a minimum divisible space of 900 square feet and a maximum contiguous space of 3,300 square feet. The property enjoys a high-traffic location at the corner of 51st Avenue and Peoria, providing excellent visibility and accessibility. This location benefits from strong co-tenancy and proximity to a dense residential area, including both single-family and multi-family homes. The property's address is 5102 W Peoria Ave, Glendale, AZ 85302, with the APN 148-26-164 in Maricopa County. A tenant improvement package is available for qualified tenants. This presents a compelling opportunity for retailers seeking a prominent location in a growing market. The property offers flexible lease terms and the potential for significant return on investment. The property's convenient location and strong demographics make it an ideal choice for a variety of retail businesses.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $1,500,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $1,615,000
- 6.5%
- $1,400,000
- 7%
- $1,525,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $1,570,000
- Geo Method
- $1,595,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $1,495,000
- Retail
- $1,720,000
- Mixed-Use
- $1,490,000
- Hospitality
- $1,260,000
- Educational
- $1,725,000
- Residential Income
- $1,680,000
- Energy
- $1,680,000
- Income-Based Land
- $1,460,000
- Food Service
- $1,305,000
Location Insight
- Map
- Local Demand
- City
- Glendale
- County
- Maricopa
- State
- Arizona
- Longitude
- -112.17
- Latitude
- 33.5833
- CBSA code
- 38060
- CBSA name
- PHOENIX-MESA-SCOTTSDALE, AZ METROPOLITAN STATISTICAL AREA
