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Property profile & analytics
FOR SALE
Drive through restaurants

5421 W Glendale Ave Glendale, AZ 85301

1,212 SF 0.3 ac lot Built 1972
Individually Owned 22-yr Hold Free & Clear
Property ID
US07-3294661
Property summary
AI-generated overview

This exceptional 1,400 square foot freestanding building, located at 5421 W Glendale Ave in Glendale, Arizona (zip code 85301), presents a fantastic opportunity for restaurant operators. Situated in Maricopa County, this retail property boasts a highly visible location on Glendale Avenue near 55th Avenue. The building's existing configuration is ideally suited for a Mexican restaurant, offering a ready-made space for immediate occupancy. The property's 1,400 square feet provide ample room for dining areas, a kitchen, and support spaces. Its freestanding nature ensures high visibility and easy access for customers. The address is easily accessible from major roadways, providing convenient access for both customers and staff. This property is situated at 33.538299 latitude and -112.1759719 longitude. The property's existing layout and location make it an attractive option for established restaurant businesses seeking expansion or new ventures looking for a turnkey operation. This is a rare opportunity to acquire a well-positioned restaurant property in a thriving Glendale neighborhood. The property is categorized as retail, specifically a restaurant, and offers significant potential for a successful culinary enterprise. Serious inquiries are encouraged.

Property profile
Verified
Property type Drive through restaurants
Use group DRIVE-THRU RESTAURANT, FAST FOOD
Year built 1972
Construction CONCRETE
Total area 1,212 SF
Lot 0.3 ac (13,200 SF)
Zoning code C-C
APN 146-05-043
UPID US07-3294661
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
  • Caramba Mexican Food Restaurant
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$645k
Blend (final) Blend
$645k
Owner & transaction history
Klokinis U P · 22 yrs held
Klokinis U P
since 2004
1 recorded transaction
2004
$147,000
Zoning & alternative use
C-C · Glendale, AZ
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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