Retail investment sale opportunity to acquire established solon suites with 18-year operating history. This ±8,466-square-foot multi-tenant salon suites building is situated on a ±59,377-square-foot site at 19805 N 51st Avenue in Glendale, Arizona.
Offering price is $5,056,000. Contact brokers to request the Offering Memorandum. Please sign and submit the Confidentiality Agreement in the Documents section below.
Established in 2003, Monogram Salon Suites is owned and operated by cosmetologists who are inspired to provide a professional environment for all beauty care professionals.
The interior common areas of the building, including high ceilings, tall doors skylights, hard surfaces, custom finishes and security provisions, instill a feeling of warmth.
With a focus on safety, the grounds' lighting includes parking lot pole lights, building lights, and landscape lighting, which combine to exceed city of Phoenix requirements to increase lot visibility. The building includes electronic access code readers and controls automatic door operators to facilitate after-hours tenant/clientele ingress and egress.
The property consists of 36 leasable salon suites, a coffee café, break room, management office, laundry room, and women’s and men’s restrooms. The improvements are very upscale and meet the needs of the modern beauty provider.
The current tenant mix consists of hair stylists, aestheticians, a massage therapist, a nail technician, a hair loss specialist, a boutique and a cafe.
Ideal investment with 18-year operating history
Well-established luxury salon suites for sale
Occupancy: 89%, multi-tenant salon suites
Located just south of Loop 101 at 51st Avenue
NEC of 51st Ave and Monogram Way
Upscale improvements to meet needs of the modern beauty provider
Population of over 282,210 within a 5-mile radius
Average income of over $94,022 per household within 5-mile radius
Retail investment sale opportunity to acquire established solon suites with 18-year operating history. This ±8,466-square-foot multi-tenant salon suites building is situated on a ±59,377-square-foot site at 19805 N 51st Avenue in Glendale, Arizona.
Offering price is $5,056,000. Contact brokers to request the Offering Memorandum. Please sign and submit the Confidentiality Agreement in the Documents section below.
Established in 2003, Monogram Salon Suites is owned and operated by cosmetologists who are inspired to provide a professional environment for all beauty care professionals.
The interior common areas of the building, including high ceilings, tall doors skylights, hard surfaces, custom finishes and security provisions, instill a feeling of warmth.
With a focus on safety, the grounds' lighting includes parking lot pole lights, building lights, and landscape lighting, which combine to exceed city of Phoenix requirements to increase lot visibility. The building includes electronic access code readers and controls automatic door operators to facilitate after-hours tenant/clientele ingress and egress.
The property consists of 36 leasable salon suites, a coffee café, break room, management office, laundry room, and women’s and men’s restrooms. The improvements are very upscale and meet the needs of the modern beauty provider.
The current tenant mix consists of hair stylists, aestheticians, a massage therapist, a nail technician, a hair loss specialist, a boutique and a cafe.
Ideal investment with 18-year operating history
Well-established luxury salon suites for sale
Occupancy: 89%, multi-tenant salon suites
Located just south of Loop 101 at 51st Avenue
NEC of 51st Ave and Monogram Way
Upscale improvements to meet needs of the modern beauty provider
Population of over 282,210 within a 5-mile radius
Average income of over $94,022 per household within 5-mile radius
