5127 Glendale Ave Glendale, AZ 85301-2601
Property profile & analytics
5127 Glendale Ave Glendale, AZ 85301-2601
- Commercial real estate
- 0.46 lot acres
Property ID
US07-1034042
The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.
Location Intelligence
Current Use by Public Records
- GS Supermarket / Specialty Food Shop / Supermarket
Property Details for 5127 Glendale Ave
- Year built
- 1967
- Lot size
- 0.46 lot acres
- Zone code
- C-2
- Property type
- Commercial real estate
- APN
- 146-06-054E
- APU
- 14606054E
Description
This exceptional investment opportunity presents a brand-new, 1,302 square-foot Starbucks located at 5127 W Glendale Ave, Glendale, AZ 85301. Built in 2024, this single-tenant property boasts a 10-year net lease with a corporate guarantee from Starbucks, offering significant security and stability. The lease commenced September 21, 2024, and expires September 20, 2034, with four five-year renewal options. The property features a strong 5.35% cap rate and a current net operating income (NOI) of $172,000. Rent increases by 10% every five years, ensuring consistent growth. Situated on a 0.46-acre lot in the heart of Historic Downtown Glendale, this location benefits from high visibility on a major arterial road with approximately 60,000 vehicles passing daily. The property is part of a vibrant commercial area, near significant developments like the Downtown Campus Revitalization project, and is surrounded by a dense population of over 540,000 residents within a 5-mile radius. The asking price is $3,214,953. This is a rare opportunity to acquire a high-performing, low-maintenance investment property anchored by a globally recognized brand. The property's strong financials, favorable lease terms, and prime location make it an ideal addition to any investment portfolio. The parcel number is 146-06-054E.
Value Estimations
based on Realmo’s proprietary methodology
-
AI approach
- Method
- Estimation
- Statistic approach
- $3,185,000
- ML approach
- $3,185,000
Get a detailed, property-specific estimation — fast and free
Location Insight
- Map
- Local Demand
- City
- Glendale
- County
- Maricopa
- State
- Arizona
- Longitude
- -112.17
- Latitude
- 33.5381
- CBSA code
- 38060
- CBSA name
- PHOENIX-MESA-SCOTTSDALE, AZ METROPOLITAN STATISTICAL AREA
Property Tax & Assessments
Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$3,164
$0.00
$0.00
$72,960
-
$381,200
$60,985
$442,185
