Technical
Financial
Distress signals
Property profile

7122 N 59Th Ave Glendale, AZ 85301

FOR LEASE
Office buildings
Property ID
US07-2661907
5,604 SF 0.07 ac lot Built 1985
Entity Owned 6-yr Hold Absentee Owner ~ Est. High Equity
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Property summary

AI-generated overview

This Glendale, Arizona office property, located at 7122 N 59th Ave, zip code 85301, offers exceptional executive office space in a Class C building constructed in 1985. The property totals 5,604 square feet and is situated in Maricopa County. Currently, there are two suites available for lease, providing a flexible range of options for businesses of various sizes. The minimum leasable space is 720 square feet, while the maximum contiguous space available is 2,802 square feet. A total of 3,522 square feet is currently vacant, spread across these two suites. The building features a multi-tenant occupancy structure, making it ideal for businesses seeking a collaborative environment. The property's convenient location on 59th Avenue, just north of Glendale Avenue, offers easy access to major transportation routes and local amenities. This presents a unique opportunity to secure high-quality office space in a desirable Glendale location. The property's address is easily accessible and provides ample parking. This is an excellent opportunity for businesses seeking a cost-effective and well-located office space in a thriving area. The available space is perfect for businesses needing a flexible and adaptable workspace. Consider this property for your business needs.

Property profile

Verified
Property type Office buildings
Use group OFFICE BUILDING
Year built 1985
Construction CONCRETE
Total area 5,604 SF
Lot 0.07 ac (3,049 SF)
Zoning code C-2
APN 143-44-062B
UPID US07-2661907

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
  • HVAC Service General Contractor
  • Publishing House Newspaper & Magazine
  • Publishing House Newspaper & Magazine
  • Physician
  • Physician

Location

7122 N 59Th Ave Glendale, AZ 85301
Glendale metro Census 92600 PHOENIX-MESA-SCOTTSDALE, AZ METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$945k
Blend (final) Blend
$295k

Owner & transaction history

since 2019
3 recorded transactions
2019
$173,984
2006
$500,000
2004
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
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Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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