Single Tenant Net Lease Investment – Glendale, Arizona

Read more about this closed sale here.

General Description

This property is a free standing building on Glendale Avenue with unmatched visibility. The property enjoys excellent access from all directions on both 51st Avenue and Glendale Avenue. This freestanding location demonstrates great historic occupancy and proven performance for it’s long term tenant.

 Market Overview

Glendale, Arizona’s fourth largest city, is the commercial, industrial and educational hub of the northwest portion of the Phoenix metropolitan area. Affordable quality homes, excellent educational institutions, and enjoyable recreational amenities have contributed to Glendale’s emergence as an especially attractive place to live and to establish a business. Glendale’ s diversified economic base includes manufacturing, services, aerospace, communications, precision metal working and casting, chemicals, electronics, and warehousing industries. A dynamic market with fast, cost-efficient travel makes Glendale a prime business location. Located west of Phoenix, it is one hour closer to important West Coast markets and within the Interstate 17 corridor where many of the regions largest high technology firms and telecommunication centers are found.