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Property profile & analytics
OFF-MARKET Estimated value $5,385,000
Specialty properties

5110 Northern Ave Glendale, AZ 85301-1403

2,000 SF 0.17 ac lot Built 1976
Entity Owned 5-yr Hold ~ Est. High Equity
Property ID
US07-1279892
Property summary
AI-generated overview

This exceptional retail opportunity presents itself in the form of the Northern Lights Shopping Center, located at 5110 W Northern Ave, Glendale, AZ 85301, within Maricopa County. The center offers a total of 2,750 square feet of retail space, currently featuring multiple tenants. Two spaces are immediately available for lease, providing flexible options for prospective businesses. The minimum leasable space is 750 square feet, while the maximum contiguous space available is 2,228 square feet. This allows for a variety of business models, from smaller boutiques to larger retail establishments. The property's strategic location in Glendale, Arizona offers excellent visibility and accessibility, ensuring high foot traffic and potential for strong sales. The property is classified as a shopping center and is suitable for both retail and restaurant uses. A significant amount of vacant space, totaling 7,013 square feet, presents a unique opportunity for expansion or redevelopment. This property is an ideal investment for businesses seeking a prominent location in a thriving Glendale community. The property is conveniently located and offers a great opportunity for growth and success. Serious inquiries are encouraged to explore this promising retail investment.

Property profile
Verified
Property type Specialty properties
Use group VETERINARY, ANIMAL HOSPITAL
Year built 1976
Construction CONCRETE
Total area 2,000 SF
Lot 0.17 ac (7,246 SF)
Zoning code C-C
APN 148-13-001T
UPID US07-1279892
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
  • Ezbachi Restaurant
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$5.39M
Owner & transaction history
Ss Plaza 51 LLC · 5 yrs held
Ss Plaza 51 LLC
since 2021
Last sale
$5.0M
3 recorded transactions
2021
$5.0M
1969
Price N/A
1969
Price N/A
Zoning & alternative use
C-C · Glendale, AZ
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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