Rent currently at only $26.72/SF which is estimated to be 50% below market. Other QSR’s in the market are paying $40/SF or more!
Investment Is Priced Well Below Replacement Cost
Location & Market Highlights
Desirable Market – Recent Population Growth of +/- 12% in the 1,3 & 5-Mile with an additional growth of 8% in the next 5 Years.
Strong Traffic – Average Daily Traffic of 45,500 at the 59th Ave & W Northern Ave intersection
Strong Anchor Tenants That Drive Traffic to the Location – Property is Outparceled to both a Lowe’s Home Improvement and Walmart Supercenter
Located just one mile south of Glendale Community College and one mile east of 60 Hwy
Glendale is home to both the University of Phoenix Stadium, home of the Arizona Cardinals National Football team and Gila River Arena, home of the Coyotes National Hockey team. Both Stadiums are approximately 5 Miles West of the subject site.
Glendale is also home to many Baseball Spring Training Facilities.