8285 W UNION HILLS Drive $5,050,000

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    8285 W UNION HILLS Drive Glendale, AZ 85308

    Closed
    SOLD 7/1/2019

    $5,050,000

    Market Estimate
    • 9,690 sq. ft.
    • Commercial Sale
    • MLS# 5891271
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    Views: 115

    Property Details

    Highly sought-after opportunity to purchase this multi-tenant retail strip center shadow anchored by two prominent retail giants, Walmart and Sam's Club. The subject property is comprised of 9,690 square feet, and is currently occupied by four widely known tenants. This property offers premium frontage along W. Union Hills Dr., with close proximity to Arrowhead Towne Center, Peoria Sports Complex, and the Loop 101. The property is surrounded by several big-name retailers which draw customers into the area. This property boasts local, regional, and national tenants, making this an attractive investment with advantageous tenant synergy .

    • General Features
      • Assessor Book # 200.00
      • Assessor Map # 43.00
      • Assessor Number 200-43-003-U
      • Assessor Parcel # 3.00
      • Assessor Parcel Ltr U
      • Building Type Commercial
      • Cooling Error: ClassID in tblMLSFieldPropertyType is null.
      • County Maricopa
      • Covered Parking Spaces 0.00
      • Cross Street N. 83rd Ave. and W. Union Hills Dr.
      • Directions Loop 101 to W. Union Hills Dr., head West. The property is on the corner of W. Union Hills Dr., and N. 83rd Ave., on the South side of the road.
      • Electric Other (See Remarks)
      • Fencing Error: ClassID in tblMLSFieldPropertyType is null.
      • Gas Other (See Remarks)
      • Heating Error: ClassID in tblMLSFieldPropertyType is null.
      • List Date 2019-03-04
      • Off Market Date 2019-05-10
      • Parking Error: ClassID in tblMLSFieldPropertyType is null.
      • Roofing Error: ClassID in tblMLSFieldPropertyType is null.
      • Sewer Error: ClassID in tblMLSFieldPropertyType is null.
      • Tax Municipality Glendale
      • Tax Year 2018
      • Taxes $28,748
      • Total Approx Building SqFt 9,690
      • Total Approx Land SqFt 56,086
      • Type ER
      • Uncovered Parking Spaces 49.00
      • Water Error: ClassID in tblMLSFieldPropertyType is null.
      • Year Built 2005
      • Zoning PAD
    • Building Features
      • Construction Error: ClassID in tblMLSFieldPropertyType is null.
      • Ceiling Height 8.1 Feet to 10 Feet
      • Stories 1
      • Interior Finished to Suit, Fire Sprinklers
      • Exterior Corner Lot
      • Floors Vinyl/Composition, Ceramic Tile, Carpet, Other (See Remarks)
    • Property Features
      • Total Parking Space 49.00
      • Legal Info: Lot Number 0
      • Legal Info: Township 35
      • Legal Info: Range 1
      • Ownership Fee Simple
      • Income & Expenses: Net Operating Income 344984.00
      • Income & Expenses: Gross Annual Sch Inc 0.00
      • Income & Expenses: Adjusted Gross Inc 0.00
      • Number of Buildings 1

    Neighborhood

    85308 (Glendale) Demographics

    39 Median Age
    3,858 Population Density (per sq. mile)
    45% College Educated
    $70,309 Estimated Median Income
    16,388 Estimated Total Home Owners
    7,914 Estimated Total Renters
    67% / 33% Estimated Owner / Renter Divide
    3 Estimated Average Household Size
    65,922 Total Population
    Community data courtesy of LiveBy, Inc.

    Market Last 30 Days In This Postal Code

    $320,000 Median Sales Price
    134 Homes Sold
    114 New On Market

    Average Days on Market

      Properties for Sale

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        Property History

        Date Event Price Percent Change
        -- New in Database Source
        7/1/2019 12:00:00 AM Sold Source New Value: $5,050,000
        Copyright 2020 Arizona Regional Multiple Listing Service, Inc. All rights reserved. Information Deemed Reliable But Not Guaranteed. Data last updated 7/4/2020 2:11:20 AM. The ARMLS logo indicates a property listed by a real estate brokerage other than Berkshire Hathaway HomeServices Arizona Properties.

        Note: All room dimensions, including square footage data, are approximate and must be verified by the buyer. The information contained herein is furnished by the owner to the best of his/her knowledge but is subject to verification by the purchaser, and agent assumes no responsibility for the correctness thereof. The sale offering is made subject to errors, omissions, change of price, prior sale, or withdrawal without notice. In accordance with the Law, this property is offered without respect to race, color, creed, national origin, sex, familial status or disability. This is not intended to solicit property currently listed.