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5679 W Northern Ave
Glendale, AZ 85301 Westside

$5,400,000 USD

Restaurant For Sale  •  12,103 SF

Property Details

• Property Type Restaurant
• Total Building Size 12,103 SF
• Lot Size 1.21 AC
• Building Class B
• Year Built 2022
• Cap Rate 6.25 %
• Tenancy Single
• Zoning C

37 Transit Score

55 Walk Score

Highlights

OPPORTUNITY ZONE

ABSOLUTE NNN LEASE: Over 9 years remaining on initial 20-Year Absolute NNN Lease with attractive 1.75% rental increases annually

EXTREMELY HIGH SALES LOCATION: Successfully open & operating since 2015 and Rent-to-Sales Ratio is less than 2%!

ADDITIONAL UPSIDE: Tenant is only leasing 1.20 acres of the existing parking lot. The Remainder could be leased to an additional tenant in the future.

Pad Site to a Lowe’s Home Improvement & Walmart Anchored Shopping Center with exceptional visibility & access along Northern Avenue

2025 DEMOGRAPHICS: Total Population (5MI): 499,601 | Average Household Income (1MI): $88,974

Property Flyers

goldencorral.glendale01_PKG

Cap Rate:

6.25 %

Major Tenants

Tenant	SF Occupied	Lease End Date
Golden Corral

Amenities

• Drive Thru
• Monument Signage

Public Transportation

Airport	Drive	Walk	Distance
Phoenix Sky Harbor International	30 min	-	16.7 mi
Phoenix-Mesa Gateway	63 min	-	43.9 mi

Parking Details

Parking Available:	Yes
Reserved:	No
Spaces Provided:	40
Type:	Surface
Included in Rent:	Yes