5940 N 75th Ave
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5940 N 75th Ave
6,895 SF 100% Leased 4-Star Retail Building Glendale, AZ 85303 £4,511,628 (£654/SF) 5.75% Net Initial Yield
EXECUTIVE SUMMARY
Newly constructed, fully leased retail shop building for sale. Average household incomes exceeding $90,000 within a 1-mile radius. This trade area benefits from a robust daytime population including approximately 30,000 employees within a 3-mile radius, contributing to a dynamic and active commercial environment. Close proximity to heavy traffic generators such as the Westgate Entertainment District, Zanjero, and State Farm Stadium (home of the Cardinals). This signalized, mile section corner location benefits from easy connectivity to Loop 101, ensuring convenient access to major transportation corridors.
PROPERTY FACTS
Sale Type
Investment
Property Type
Retail
Property Subtype
Storefront
Building Size
6,895 SF
Building Class
A
LoopNet Rating
4 Star
Year Built
2024
Price
£4,511,628
Price Per SF
£654
Net Initial Yield
5.75%
NOI
£259,419
Percent Leased
100%
Tenancy
Multiple
Number of Floors
1
Building FAR
0.15
Lot Size
1.03 AC
Zoning
C-1 - Commercial Retail Office
Frontage
118 ft on North 75th Avenue
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5940 N 75th Ave
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