3502 W Glendale Ave
3502 W Glendale Ave, Phoenix, AZ 85051
- Investment-grade tenant | world’s largest coffeehouse chain: Lease guaranteed by Starbucks corporation (Nasdaq: SBUX), the global leader in specialty coffee with 40,000+ locations across 80+ countries. Backed by approximately $36.2 billion in annual revenue and over 361,000 employees, Starbucks represents a dominant brand and a premier net-leased investment Opportunity.
- Long-term tenancy with renewal upside: Current lease provides 5 years of remaining term and four (4) additional 5-year options, producing $150,500 in annual base rent with future rental growth potential. Starbucks’ long-term occupancy delivers stable, predictable cash flow.
- Passive NN lease | minimal landlord responsibilities: Double net (NN) structure with the landlord responsible only for structural components, offering a truly passive investment.
- High-traffic intersection in dense infill Trade area: Positioned at a signalized intersection serving two major shopping centers that draw over 1.5 million annual visitors. Surrounded by a dense population exceeding 526,000 residents within five miles, with nearby employment centers and schools supporting all-day demand.
- Proximity to major destinations: Conveniently located one mile west of i-17 and two miles north of Grand Canyon university (25,000+ students), further driving consistent daily traffic to the site.
- Strong location with national Co-tenancy: Situated within a busy neighborhood shopping center anchored by food city (#3 in phoenix), dollar tree, five below, and Wells Fargo, ensuring steady daily Traffic and a strong retail draw.
- Land Area: ±22,651 SF (±0.52 Acres)
- Cross Streets: Glendale Ave & 35th Ave
Reach out to the broker for more info on lease terms and amenities
False
Contacts
Diversified Partners
Diversified Partners
Building Details
- For Sale $2,980,000
- Property Type Retail - Restaurant
- Property Size 1,797 SF
- Lot Size 22,651 SF
- Cap Rate % 5.05
- Year Built 2021
- Date Updated Mar 24, 2026
Getting Around
-
Walk Score ®
Very Walkable (71) -
Transit Score ®
Some Transit (40) -
Bike Score ®
Bikeable (62)
Location
- City Phoenix, AZ
- Neighborhood Alhambra
- Zip Code 85051
- Market Phoenix
Points of Interest
Northern/ 19th Ave
2.23 miles
19th Ave/ Montebello
2.39 miles
19th Ave/ Dunlap
2.78 miles
19th Ave/ Camelback
2.90 miles
7th Ave/ Camelback
3.61 miles
Central Ave/ Camelback
4.02 miles
Campbell/ Central Ave
4.37 miles
Indian School/ Central Ave
4.61 miles
Osborn/ Central Ave
5.04 miles
Grand
0.07 miles
QuikTrip
0.11 miles
Circle K
0.99 miles
Arco
1.34 miles
Blink
1.74 miles
Phoenix - North 19th Avenue Supercharger
2.38 miles
Tesla Supercharger
3.07 miles
ChargePoint
4.80 miles
EVgo
5.00 miles
Halo Parking Garage
1.73 miles
Missouri Garage
1.76 miles
75 - Rivers Parking Garage
1.79 miles
33rd Ave Parking Garage
2.00 miles
31st Ave Garage
2.05 miles
29th Ave Garage
2.09 miles
19th Ave and Montebello Park and Ride
2.50 miles
Parking - Arizona Federal Credit Union
2.62 miles
Parking - Village at Olive Marketplace
2.91 miles
Ranch Market
0.14 miles
Walmart Supercenter
0.86 miles
Super 99 Center
1.36 miles
Fry's Food and Drug
1.40 miles
Big Lots
1.72 miles
Lams Market
1.97 miles
Sprouts Farmers Market
2.22 miles
Albertsons
2.37 miles
Ross
2.41 miles
3502 W Glendale Ave Listing Summary
-
What is the asking price at 3502 W Glendale Ave?
3502 W Glendale Ave is currently listed for sale at Contact for pricing.
-
What is the total size of 3502 W Glendale Ave?
3502 W Glendale Ave has a total of 1,797 square feet.
-
What is the year built for 3502 W Glendale Ave?
The year built for 3502 W Glendale Ave is 2021.
