$1,850,000
5846 San Fernando Rd Glendale, CA 91202
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REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.
In-PersonVirtual Tour
$1,850,000
Est. payment /mo
5,061 Sqft Lot
UPDATED:
11/14/2024 09:58 PM
Key Details
Property Type Commercial
Sub Type Office
Listing Status Active
Purchase Type For Sale
MLS Listing ID GD24232604
HOA Y/N No
Year Built 1939
Annual Tax Amount $11,970
Tax Year 2024
Lot Size 5,061 Sqft
Lot Dimensions Assessor
Property Description
Exceptional investment opportunity! Presenting 5846 San Fernando Rd, Glendale, CA a free-standing building currently occupied by Angelus Pet Hospital, an established vet clinic. The property is offered for sale with a guaranteed 10-year NNN sale-leaseback and an annual rental income of $92,328 ($7694/monthly triple net lease). NOI is $75,658 and 4.0% cap rate. Located on San Fernando Road with excellent visibility and access. Building features modern medical build out, Secure long-term income stream with scheduled rent escalations of 3%/year.
Location
State CA
County Los Angeles
Area 624 - Glendale-Chevy Chase/E. Glenoaks
Interior
Fireplace No
Laundry None
Exterior
Present Use Commercial
Total Parking Spaces 2
Building
Lot Description 0-1 Unit/Acre, Corner Lot, Landscaped, Rectangular Lot
Story 1
Water Public
Others
Tax ID 5627003021
Acceptable Financing Cash to New Loan
Listing Terms Cash to New Loan
Special Listing Condition Standard
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Listed by Kaiulani Camuso • Dunaway Real Estate Group