Property profile

5912 W Glendale Ave Glendale, AZ 85301

FOR SALE
Turn key restaurants
Property ID
US07-0913947
9,853 SF 0.49 ac lot Built 1935
Entity Owned 2-yr Hold Free & Clear
Saved · see the list in your Dashboard

Property summary

AI-generated overview

This exceptional opportunity presents the chance to acquire a thriving Mariscos El Dorado restaurant, including both the real estate and the established business. Located at 5912 W Glendale Ave in Downtown Glendale, Arizona (85301), this turnkey operation boasts 11,367 square feet on a 21,273 square foot lot. The single-story building, constructed in 1935, sits within a C-2 zoned area and features significant recent capital improvements. These upgrades encompass new plumbing, roofing, HVAC systems, and a fully equipped kitchen and dining area. All necessary liquor licenses are in place. The sale includes all furniture, fixtures, equipment (FF&E), and the established Mariscos El Dorado branding, ensuring a seamless transition for the new owner. This represents a rare opportunity to acquire a profitable, high-traffic restaurant with a strong reputation in a prime location, offering immediate returns on investment in both the real estate and the ongoing business. The property's APN is 143-44-074-A. This is a ready-to-operate investment, minimizing start-up costs and maximizing potential for immediate profitability.

Property profile

Verified
Property type Turn key restaurants
Use group RESTAURANT
Year built 1935
Construction CONCRETE
Total area 9,853 SF
Lot 0.49 ac (21,273 SF)
Zoning code C-2
APN 143-44-074A
UPID US07-0913947

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Restaurant

Location

5912 W Glendale Ave Glendale, AZ 85301
Glendale metro Census 92600 PHOENIX-MESA-SCOTTSDALE, AZ METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$3.84M
Blend (final) Blend
$595k

Owner & transaction history

since 2024
4 recorded transactions
2024
Price N/A
2022
Price N/A
2018
$400,000
2018
Price N/A

Zoning & alternative use

C-2 · Glendale, AZ
Zoning description

sidence) Use Standards - see Table 2.200-1 R1-10, R1-8, R1-7, R1-6, & R1-4 (Single Family Residence) Use Standards - see Table 2.300-1 R-2, R-3, R-4, & R-5 (Multi-Family Residence) Use Standards - see Table 2.400-1 C-1,…

General category COMMERCIAL

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message