The Agency The Agency

900 W Glenoaks

Glendale, CA 91202
sold
Last Listed Price $7,999,000
Property Type Retail

Property Description

Andy Hairabedian and Karine Aslanian are pleased to present this free-standing 6-unit retail center in the heart of Glendale CA. Conveniently located on 900 W Glenoaks Blvd is an amazing asset consisting of six (6) retail spaces. Built-in 2015 this investment is ideal for someone looking for an owner-user or as an investment with great cash flow, upside in rents and little deferred maintenance. The building is fully occupied with the Absolute Triple Net lease in place.

Highlights

- 6 Retail Units
- 15,660 SF Lot
- 9,539 Net SF
- Year Built: 2015
- # of Parking Spaces: 38
- Parking Ratio: 4 / 1,000 SF
- Cap Rate: 3.97%
- Excellent Investment Opportunity
- Prime Location
- Upside in Rents
- Building Height: 16’
- Frontage147' on Glenoaks Blvd111' on Highland Ave
- Frontage on W Glenoaks Blvd: 197’
- Frontage on Highland Ave: 96’
- Elevator

Agent Information

Broker Associate, Commercial Advisor (818) 355-4906
The Agency

Property Specifics

Property Type: Retail
Estimated Sq. Foot:
9,539
Lot Size:
0.36 ac.
Price per Sq. Foot:
$839
MLS ID: a0U3q00000vXPGhEAO

Location & Transportation

Other Property Information

Summary

General Information
  • Year Built: 2015
Parking
  • Total Parking Spaces: 38

Interior and Exterior Features

Interior Features
  • Living Area: 9,539 sq. ft.
Structure
  • Building Features: 6 Retail Units, Year Built 2015, 38 Parking Spaces, 9, 539 SF, 15, 660 SF Lot

Property Information

Lot Information
  • Lot Size: 0.36 ac.
Utilities
  • Cooling: Yes
  • Heating: Yes

Estimated Monthly Payments

Monthly Total $38,366
Monthly Taxes N/A
Interest 6.00%
Down Payment 20.00%

Mortgage Calculator

Monthly Mortgage Cost $38,366 Monthly Charges $0 Total Monthly Payment $38,366
Calculation based on:
Price: $7,999,000
Charges: $0 * Additional charges may apply

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All information is deemed reliable but not guaranteed. Copyright 2024 The Agency. All rights reserved.
Last checked: Apr 25, 2024, 5:53 PM UTC
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