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6020 W MYRTLE Avenue, Glendale, AZ 85301

$2,150,000
Property Type: Comm/Industry Sale Square Footage: 13,499 Lot Size (sq. ft.): 48,000 Status: Active
Current Price: $2,150,000 List Date: 5/01/2026 Last Modified: 5/01/2026

Description

Strategically located on the high-visibility northeast corner of Grand Avenue and Myrtle Avenue, this property offers a rare combination of immediate stability and future upside. The 13,499 Sq. FT building is situated on a sprawling 1.1-acre (48,000 Sq. Ft) C-2 zoned lot and is currently 100% occupied under a NNN lease structure, ensuring consistent cash flow with minimal landlord responsibility.Beyond the current income stream, the property boasts approximately 12,000 SF of excess land, providing a prime footprint for future construction or site expansion. Benefiting from heavy traffic counts in the heart of Glendale's commercial corridor, the site features excellent ingress/egress, 30 uncovered parking spaces, and a well-maintained structure.

More Information MLS# 7022089

Contract Info

Ownership: Fee Simple Current Price: $2,150,000 List Price: $2,150,000 Status: Active List Date: 2026-04-10

Location, Tax & Legal

Assessor's Map #: 43 Legal Description (Abbrev): LOT 14 FLORALCROFT MCR 001926 Assessor's Parcel #: 14 Assessor Parcel Ltr: A Add'l Parcels: Yes Tax Municipality: Glendale Census Tract: 92600 Taxes: 572 Legal: Lots 14, 15, 16, 17, 18, 19, 20, and 21, FLORALCROFT House Number: 6020 Compass: W Street Name: MYRTLE St Suffix: Avenue City/Town Code: Glendale State/Province: AZ Zip Code: 85301 Zip4: 1874 Country: US County Code: Maricopa Subdivision: FLORALCROFT Assessor Number: 143-43-014-A Tax Year: 2025

General Property Description

Ttl Apx SqFt Bldg: 13499 # of Buildings: 1 Uncvrd Parking Spcs: 30 Stories: 1 Flood Zone: No Year Built: 1963 Zoning: C-2

Currently Not Used

Sold Price Per SqFt: 159.27

Legal Info

Range: 2E Section: 6 Township: 2N Lot Number: 14

Construction

Block: 1 Brick: 1

Roofing

Built-Up: 1

Floors

Laminate: 1 Tile: 1 Concrete: 1 Ceramic Tile: 1

Income & Expenses

Owner Association: No Annual Ownr Asoc Fee: 0 Operating Exp: 572 Other Income: 0 Vacancy Allowance: 0 Adjusted Gross Inc: 139962

Building Type

Commercial: 1

Business Type

Retail: 1

Pmt & Rate Info

Cap Rate: 6.51 Equity: 2150000 Total Owed: 0

Showing Notification Methods

Showing Service: Aligned Showings

Lockbox Type

None: 1

Ceiling Height

12.1 Feet to 14 Feet: 1

Heating

Forced Air: 1 Heat Pump: 1 Other: 1

Cooling

Heat Pump: 1 Office Evap: 1 Warehouse Evap: 1

Interior Features

Smoke Detector(s): 1 Phone System: 1

Loading Facilities

Grade Level: 1

Exterior

Storage Yard: 1 Sidewalk(s): 1

Source of Fincl Data

Owner: 1

Fencing

None: 1

Water Source

City Franchise: 1

Sewer

Sewer - Public: 1

Parking Features

Parking Lot: 1 Private: 1 Paved: 1

Electric

SRP: 1 Master Meter: 1

Gas

City Gas: 1

New Financing

Cash Only: 1 1031 Exchange: 1

Reports/Disclosures

Appraisal: 1

Environmental

None: 1

Remarks Misc

Cross Street: Grand Ave & Myrtle Ave Directions: Property is on NE corner of Grand Ave and Myrtle Ave Geo Lat: 33.54243 Geo Lon: -112.189616

Income Expenses

Gross Annual Sch Inc: 139962 Net Operating Income: 139962

Property Features

Building Type: Commercial Business Type: Retail Construction: Block; Brick Roofing: Built-Up Floors: Laminate; Tile; Concrete; Ceramic Tile Ceiling Height: 12.1 Feet to 14 Feet Heating: Forced Air; Heat Pump; Other Cooling: Office Evap; Warehouse Evap; Heat Pump Loading Facilities: Grade Level Interior Features: Smoke Detector(s); Phone System Exterior: Storage Yard; Sidewalk(s) Fencing: None Parking Features: Parking Lot; Private; Paved Electric: SRP; Master Meter Gas: City Gas Water Source: City Franchise Sewer: Sewer - Public New Financing: Cash Only; 1031 Exchange Lockbox Type: None Source of Fincl Data: Owner Environmental: None
Listing Office: Russ Lyon Sotheby's International Realty
IDX
Last Updated: May - 01 - 2026
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