Property profile

8040 43rd Ave Glendale, AZ 85302

OFF-MARKET
Turn key restaurants
Property ID
US07-0113803
7,343 SF 1.38 ac lot Built 1972
Entity Owned 2-yr Hold ~ Est. High Equity
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Property profile

Verified
Property type Turn key restaurants
Use group RESTAURANT
Year built 1972
Construction CONCRETE
Total area 7,343 SF
Lot 1.38 ac (60,026 SF)
Zoning code C-C
APN 148-11-001W
UPID US07-0113803

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
  • Theater & Performing Art Venue Music Venue
  • Restaurant

Location

8040 43rd Ave Glendale, AZ 85302-6601
Glendale metro Census 92309 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
$2.86M
Blend (final) Blend
$2.26M

Owner & transaction history

since 2024
Last sale
$1.8M
7 recorded transactions
2024
$1.8M
2023
$1.9M
2023
$1.9M
2018
$700,000
2016
$525,000
2015
$350,000
2007
$1.1M

Zoning & alternative use

C-C · Glendale, AZ

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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