The City of Glendale has historically been a high-density, middle-class submarket benefiting from employment concentrated in healthcare, education, military and government administration. The immediate trade area consists of almost 494,714 residents, which is forecasted to increase 6.3% to 525,688 by 2024. The United States Department of the Air Force is by far the largest employer in the submarket servicing 7,500 active military personnel, 15,000 family members, and over 80,000 retired military members. Glendale’s proximity to Southwest Phoenix’s 80 million square foot industrial and manufacturing hubs represents the largest source of employment growth. Major new operations include Integrated CBD, Daimler, Toyota, REI, Walmart, Amazon, PetSmart and United Foods.
Residents of Glendale also benefit from easy commutes to the high-quality entertainment and employment of Downtown Phoenix via the I-60. The submarket stands to see significant growth from the recent completion of the $1.7 billion South Mountain Freeway extension connecting Glendale to the booming employment and economic growth in the Southeast Valley.
Glendale offers a variety of retail and entertainment options including Phoenix Raceway, which hosts two annual NASCAR race weekends and a number of community events throughout the year. In addition, the 8 million square foot Westgate Entertainment District, which attracts over 22 million visitors annually is the home of the Arizona Coyotes hockey team and Arizona Cardinals football team.
- Property Type
Retail, Office
- Submarket
- Year Built
2006
- Total Building Size
5,151RSF
- Total Acres
0.81
- Total Available
1,351RSF
- Largest Contiguous
1,351RSF
- Property ID
410957
