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Property profile & analytics
OFF-MARKET Estimated value $1,500,000
Strip malls

5102 Peoria Ave Glendale, AZ 85302-1618

12,300 SF 1.34 ac lot Built 1977
Entity Owned 1-yr Hold Absentee Owner ~ Est. High Equity
Property ID
US07-3284276
Property summary
AI-generated overview

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.

Property profile
Verified
Property type Strip malls
Use group SHOPPING CENTER, STRIP CENTER
Year built 1977
Construction CONCRETE
Total area 12,300 SF
Lot 1.34 ac (58,153 SF)
Zoning code C-2
APN 148-26-164
UPID US07-3284276
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
  • Sun Devil Auto Auto Repair Shop
  • Dave's Car Care Auto Repair Shop
  • Daves Tire & Auto Corral Auto Repair Shop
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
$1.50M
CAP Approach CAP
by Request
Comparable Approach Comparable
$1.50M
Blend (final) Blend
$1.50M
Owner & transaction history
Glendale Square LLC · 1 yrs held
Glendale Square LLC
since 2024
Last sale
$1.5M
6 recorded transactions
2024
$1.5M
2024
Price N/A
2004
Price N/A
2003
Price N/A
2002
Price N/A
1997
Price N/A
Zoning & alternative use
C-2 · Glendale, AZ
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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