Under Contract - Grocery-Anchored Retail Center for Sale in Glendale

For Sale

Union Crossing 4300-4410 W Union Hills Dr, Glendale, AZ 85308

This Glendale property for sale is located at Union Crossing 4300-4410 W Union Hills Dr. The current listed sale price for Under Contract - Grocery-Anchored Retail Center for Sale in Glendale is $14,100,000. Under Contract - Grocery-Anchored Retail Center for Sale in Glendale is situated on a lot that is 8.58 square feet in size.

Contacts

broker

Mindy Korth

Colliers

broker

John Jackson

Colliers

Property Details

  • Property Type Retail
  • Lot Size 8.58 SF
  • Additional Rent Contact for pricing
  • Year Built 1987
  • Year Renovated 2017
  • Date Updated Nov 14, 2024

UNDER CONTRACT: Grocery-anchored retail center for sale at 4300 to 4410 West Union Hills Drive in Glendale, Arizona. Union Crossing is a grocery-anchored neighborhood retail center, surrounded by well-established neighborhoods, schools, and parks. Sale price is $14.1 million ($178.38 per square foot).

Visit the Crexi site to download the offering memorandum.

The 97% leased center is anchored by Asiana Market, an ethnic grocer catering to Asian and other ethnic communities. The 22 additional tenants offer a variety of uses including six restaurants, retail merchandisers, and personal & professional services, all of which cater to both local as well as regional clientele.

The "Value-Add" components of this investment include a greatly below-market rent on the junior anchor space, enabling an investor to rapidly increase revenue within the first few years of ownership. Federico's is separately parceled and could be sold at a low cap rate at any time. Union Crossing is positioned in a densely populated, middle-income residential community conveniently located near Loop 101 and Interstate 17. These freeways connect the north and west valleys of metro Phoenix and provide easy access to the Property, especially for the regional clientele of Asiana Market, The Helmet Center, DJ Motorsports, and the specialty food vendors.

Under Contract

Want more info on this listing?

Reach out to the broker for more info on lease terms and amenities

Getting around

  • 64/100

    Walk Score ®

  • 35/100

    Transit Score ®

  • 57/100

    Bike Score ®

Powered by Walk Score ®

Location

  • City Glendale, AZ
  • Neighborhood Arrowhead Ranch
  • Zip Code 85308
  • Market Phoenix

Points of Interest

  • Waylost

    2.15 miles

  • Martin's Ferry

    2.50 miles

  • Fisher

    2.52 miles

  • Racewatch

    2.52 miles

  • Gamble

    2.54 miles

  • Arntchoo

    2.54 miles

  • Cobb Canyon

    2.58 miles

  • Geronimo

    2.59 miles

  • Moore Turn

    2.61 miles

  • Brown Bear

    2.62 miles

  • Chevron

    0.06 miles

  • QuikTrip

    0.08 miles

  • Mobil

    1.01 miles

  • Circle K

    1.06 miles

  • 76

    1.13 miles

  • EVgo

    1.98 miles

  • Phoenix - Agua Fria Freeway Supercharger

    2.01 miles

  • Fry's Fuel

    2.13 miles

  • Costco Propane

    2.17 miles

  • ChargePoint

    3.13 miles

  • Clinic Parking Garage

    1.90 miles

  • Limited Parking

    2.04 miles

  • Visitor Parking Garage

    2.05 miles

  • Visitor Parking

    2.20 miles

  • Staff and Physician Surface Parking

    2.22 miles

  • Office tenant parking

    2.28 miles

  • Staff and Physician Parking Garage

    2.28 miles

  • Vendor/contractor parking

    2.31 miles

  • Private Garage

    2.43 miles

  • Yen Sushi & Sake Bar

    0.95 miles

  • Subway

    0.98 miles

  • Padre Murphy's

    1.02 miles

  • Phở Viet Vietnamese Restaurant

    1.02 miles

  • Whataburger

    1.04 miles

  • Einstein Bros. Bagels

    1.04 miles

  • McDonald's

    1.09 miles

  • Taco Bell

    1.09 miles

  • Jack in the Box

    1.11 miles

  • New Asian Kitchen

    1.11 miles

  • Walmart Neighborhood Market

    0.15 miles

  • Fry's Food and Drug

    1.16 miles

  • Safeway

    1.47 miles

  • Ross

    1.93 miles

  • WinCo Foods

    2.01 miles

  • Sprouts Farmers Market

    2.02 miles

  • Target

    2.08 miles

  • Fry's Marketplace

    2.19 miles

  • Walmart Supercenter

    2.25 miles

  • ALDI

    2.38 miles

In-Depth Research Available for this Property

Access more in-depth information about this property — including ownership, tenant details, property characteristics and transaction history, along with local market insights and much more — on CommercialEdge.

Contact Under Contract - Grocery-Anchored Retail Center for Sale in Glendale