Glendale, Arizona, is a prime location for investing in Specialty Properties, with a strong economy driven by retail, sports, and entertainment. These unique properties offer a diverse range of investment opportunities, from antique stores to sports facilities. With a population of around 250,000, Glendale provides an attractive blend of amenities, infrastructure, and location, making it an ideal place to invest in Specialty Properties. The city's proximity to Phoenix, the state capital, and its own transportation infrastructure, including Glendale Municipal Airport and major highways like Loop 101 and US-60, ensure easy access and connectivity. Additionally, Glendale is home to esteemed educational institutions like Glendale Community College and Arizona State University's Thunderbird School of Global Management, further enhancing its appeal. The city's sports and entertainment district, featuring State Farm Stadium and Desert Diamond Arena, hosts various events and attracts visitors from across the region, making it an attractive location for businesses and travelers alike.
Glendale's Specialty Properties market offers a range of opportunities, with 7 listings currently available. The average price per square foot for these properties is $63 USD, with an average size of 102,291 square feet. The largest property available spans 435,600 square feet, offering ample space for various business ventures. With an average cap rate of , investors can expect a strong return on their investment. In addition to Specialty Properties, Glendale also offers a range of other property types, including Shopping Centers, Land, Office Properties, and Warehouses. The city's Shopping Centers, such as Arrowhead Towne Center, offer a unique retail experience, while its Land and Office Properties provide opportunities for development and growth. Warehouses in Glendale, meanwhile, cater to the city's thriving logistics and distribution sector. Overall, Glendale's diverse property market and strong economy make it an attractive location for investors and businesses alike.
What financing options are available for specialty property purchases?
When it comes to financing specialty property purchases in Glendale, Arizona, buyers have various options to consider. For instance, they can explore commercial real estate loans (CRE loans), which are specifically designed for commercial property acquisitions, as explained in our article at CRE loans, or opt for alternative financing methods, such as private money lending or hard money loans, depending on their specific needs and circumstances.
