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Vacant-User

Auction - Former Sprouts

5130 W Peoria Ave, Glendale, AZ 85302

Starting Bid: $1,000,000

Gross SF
30,600
Rentable SF
30,600
Price/Gross SF
$32.68
Lot Size
3.32 acres
Year Built
1976
Auction Type
Reserve
Auction Start Date
Apr 28, 2025
Auction End Date
Apr 30, 2025

Investment Overview

Register to Bid and Access Due Diligence Documents on RealINSIGHT Marketplace - https://rimarketplace.com/auction/2398/former-sprouts-farmers-market-phoenix-msa

The former Sprouts Farmers Market located at 5130 W Peoria Ave, Glendale, AZ presents an exceptional opportunity for investors and owner-users. Well positioned retail asset in a high-traffic corridor at a signalized intersection with a combined traffic count of 60,000 VPD.

This ±30,600 SF freestanding building sits on ±3.32 acres of land and is set for auction, offering a unique chance to acquire a high-visibility property in a strong Phoenix Metro submarket.

This auction represents a rare opportunity to secure a high-quality retail asset below replacement cost in a prime infill location. The property’s flexible zoning and strong market fundamentals make it an attractive acquisition for investors, developers, and operators looking to establish a presence in one of the most dynamic retail corridors in the Phoenix MSA.

Investment Highlights

  • AUCTION: April 28th - 30th, 2025 | Starting Bid: $1,000,000
  • Excellent Visibility & Access: Positioned at the intersection of 51st Ave & Peoria Ave, with combined daily traffic counts exceeding 60,000 VPD
  • Prime Location & Monument Signage Wrapping a Hard Signalized Corner
  • Strong Demographics: 450,000+ residents within a 5-mi radius and an AHHI exceeding $73,000
  • Versatile Layout: Open floor plan ideal for grocery, retail, medical, or adaptive reuse
  • Ample Parking & Accessibility

Exclusively Listed By

Broker of Record

  • Ryan Sarbinoff

    First Vice President/Regional Manager

    (602) 687-6700

    License(s) AZ: BR675146000

    Arizona

Vacant-User

Auction - Former Sprouts

Starting Bid: $1,000,000

Gross SF
30,600
Rentable SF
30,600
Price/Gross SF
$32.68
Lot Size
3.32 acres
Year Built
1976
Auction Type
Reserve
Auction Start Date
Apr 28, 2025
Auction End Date
Apr 30, 2025

Investment Highlights

  • AUCTION: April 28th - 30th, 2025 | Starting Bid: $1,000,000
  • Excellent Visibility & Access: Positioned at the intersection of 51st Ave & Peoria Ave, with combined daily traffic counts exceeding 60,000 VPD
  • Prime Location & Monument Signage Wrapping a Hard Signalized Corner
  • Strong Demographics: 450,000+ residents within a 5-mi radius and an AHHI exceeding $73,000
  • Versatile Layout: Open floor plan ideal for grocery, retail, medical, or adaptive reuse
  • Ample Parking & Accessibility

Investment Overview

Register to Bid and Access Due Diligence Documents on RealINSIGHT Marketplace - https://rimarketplace.com/auction/2398/former-sprouts-farmers-market-phoenix-msa The former Sprouts Farmers Market located at 5130 W Peoria Ave, Glendale, AZ presents an exceptional opportunity for investors and owner-users. Well positioned retail asset in a high-traffic corridor at a signalized intersection with a combined traffic count of 60,000 VPD. This ±30,600 SF freestanding building sits on ±3.32 acres of land and is set for auction, offering a unique chance to acquire a high-visibility property in a strong Phoenix Metro submarket. This auction represents a rare opportunity to secure a high-quality retail asset below replacement cost in a prime infill location. The property’s flexible zoning and strong market fundamentals make it an attractive acquisition for investors, developers, and operators looking to establish a presence in one of the most dynamic retail corridors in the Phoenix MSA.

Exclusively Listed By

Broker of Record

  • Ryan Sarbinoff

    First Vice President/Regional Manager

    (602) 687-6700

    License(s): AZ: BR675146000

    Arizona

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