9002 47th Ave Glendale, AZ 85302-3600
This exceptional investment opportunity presents a vacant, freestanding retail building ideally situated in Glendale, Arizona's thriving 85302 zip code. The property, boasting 2,400 square feet on an 11,160 square foot lot (APN 148 08 002M), is priced at $699,000, translating to $291.25 per square foot. Constructed in 1974, this single-building, single-unit property offers significant potential for owner-users or investors seeking a prime location within a densely populated trade area. Its convenient storefront configuration, categorized as both a convenience store and storefront, makes it adaptable to a variety of retail uses. The strategic location at the busy intersection of Olive Avenue and 47th Avenue ensures high visibility and accessibility, benefiting from substantial traffic flow and proximity to residential neighborhoods and other retail establishments. This property presents a rare chance to acquire a well-positioned retail asset in a high-demand market. The vacant status allows for immediate customization and occupancy, making it an attractive proposition for entrepreneurs and investors alike. The property's size and location offer considerable potential for growth and return on investment.
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Circle K Grocery & Convenience Store
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2022Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
C-1 · Glendale, AZGlendale. Always verify with local authorities before improvements.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.