5723 West Glendale Avenue

Historic Downtown Glendale stands as one of the most distinctive retail and dining destinations in metropolitan Phoenix. The district spans two neighborhoods, Old Towne and Catlin Court, and has earned national recognition for its shopping and dining, along with designation by the Arizona Office of Tourism as an Arizona Treasure. The area draws consistent regional visitation through a year round events calendar, including Glendale Glitters, the Chocolate Affaire, and the Saturday night Glendale Cruise along Glendale Avenue, which passes directly in front of the property. The district sits minutes from the Westgate Entertainment District, State Farm Stadium, and Desert Diamond Arena, placing it within one of the strongest sports and entertainment trade areas in Arizona.The subject property is a ±3,843 SF freestanding building constructed in 1982, occupying a hard corner parcel with frontage on both W Glendale Avenue and N 57th Drive. An adjacent ±3,250 SF parking lot brings the combined site to ±9,750 SF (±0.22 acres) across APNs 146-02-931 and 146-02-930. The building is a fully built-out bar and restaurant, featuring a commercial kitchen, full bar, and patio seating that overlooks the Glendale Avenue corridor. The tenant, La Perla, holds a Series 6 Liquor License, and the City of Glendale PR (Pedestrian Retail) zoning supports a broad range of restaurant, bar, and retail uses. The property benefits from the recently completed Downtown Campus Reinvestment Project — a nearly $100 million investment that delivered a fully reimagined City Hall, council chambers, and the E. Lowell Rogers Amphitheater, with historic Murphy Park preserved as the centerpiece. The project is set among more than $3 billion in surrounding private investment, reinforcing downtown Glendale as a growing destination for dining, events, and foot traffic.