$1,850,000
5846 San Fernando Rd Glendale, CA 91202
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Listed by Kaiulani Camuso • Dunaway Real Estate Group
$1,850,000
Est. payment /mo
1,587 SqFt
UPDATED:
11/15/2024 05:38 AM
Key Details
Property Type Commercial
Sub Type Office
Listing Status Active
Purchase Type For Sale
Square Footage 1,587 sqft
Price per Sqft $1,165
MLS Listing ID CRGD24232604
HOA Y/N No
Originating Board Datashare California Regional
Year Built 1939
Lot Size 5,062 Sqft
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
Interior
Fireplace No
Building
Water Public
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