6020 W MYRTLE Avenue, Glendale, AZ 85301 (MLS# 7022089)

6020 W MYRTLE Avenue, Glendale, AZ 85301

$2,150,000

Property Type: Comm/Industry Sale Lot Size (sq. ft.): 48,000 Status: Active

Current Price: $2,150,000 List Date: 5/01/2026 Last Modified: 10/06/2026

Overview

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.

Listing Details MLS# 7022089

Location, Tax & Legal

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
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

Contract Info

Ownership: Fee Simple

General Property Description

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

Remarks Misc

Cross Street: Grand Ave & Myrtle Ave
Directions: Property is on NE corner of Grand Ave and Myrtle Ave

Legal Info

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

Income Expenses

Gross Annual Sch Inc: 139962
Net Operating Income: 139962

More Information

Showing Notification Methods

Showing Service: Aligned Showings

Currently Not Used

Sold Price Per SqFt: 159.27

Construction

Block: Yes
Brick: Yes

Roofing

Built-Up: Yes

Floors

Laminate: Yes
Tile: Yes
Concrete: Yes
Ceramic Tile: Yes

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: Yes

Business Type

Retail: Yes

Pmt & Rate Info

Cap Rate: 6.51
Equity: 2150000
Total Owed: 0

Lockbox Type

None: Yes

Ceiling Height

12.1 Feet to 14 Feet: Yes

Heating

Forced Air: Yes
Heat Pump: Yes
Other: Yes

Cooling

Heat Pump: Yes
Office Evap: Yes
Warehouse Evap: Yes

Interior Features

Smoke Detector(s): Yes
Phone System: Yes

Loading Facilities

Grade Level: Yes

Exterior

Storage Yard: Yes
Sidewalk(s): Yes

Source of Fincl Data

Owner: Yes

Fencing

None: Yes

Water Source

City Franchise: Yes

Sewer

Sewer - Public: Yes

Parking Features

Parking Lot: Yes
Private: Yes
Paved: Yes

Electric

SRP: Yes
Master Meter: Yes

Gas

City Gas: Yes

New Financing

Cash Only: Yes
1031 Exchange: Yes

Reports/Disclosures

Appraisal: Yes

Environmental

None: Yes

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

Office Phone: 480-585-7070

Office Email: bret.lamberson@russlyon.com

Last Updated: October - 06 - 2026