1917 W Glendale Ave, Phoenix, AZ, 85021

Highlights

Description

SVN Desert Commercial Advisors is pleased to present for sale a multitenant, 16-unit office/retail building in North Central Phoenix. There is a significant upside for an investor to budget for interior suite, parking lot, and exterior capital expenditures while increasing occupancy. There is also ample opportunity to increase cash flow by boosting tenancy, raising rents, and structuring longer term leases for qualified tenants. Additionally, there is an opportunity to expand suites to make larger floorplates for qualified tenants.

SVN Desert Commercial Advisors is pleased to present for lease 1917 W Glendale Ave in Phoenix, AZ. This 2-story multitenant office/retail building offers an exterior-loaded suite entry, C-2 zoning for a variety of tenants, and excellent frontage on Glendale Ave with high visibility. Benefiting from a dense population of over 450,000 residents within a 5-mile radius and adjacent to the 19th Ave and Glendale Ave light rail stop, this location enjoys exposure to over 40,000 vehicles per day along Glendale Ave. Take advantage of this exceptional opportunity to elevate your business presence.

The subject property is located along Glendale Ave, east of the I-17 Freeway in North Central Phoenix. This densely populated, heavily trafficked area has nearly 450,000 residents living within 5 miles. This stretch of Glendale Ave sees over 40,000 vehicles per day. Situated next to a Light Rail stop, there are numerous retail businesses nearby. Christown Spectrum Mall which is being redeveloped in multiple phases, which includes 760 apartment units for Phase I.

Documents

Units for Lease