5846 San Fernando Rd new

Glendale,CA 91202

$ 1850000

- Bed

- Bath

- SqFt


Key Details

Property Type Commercial

Sub Type Office

Listing Status Active

Purchase Type For Sale

MLS Listing ID GD24232604

Year Built 1939

Annual Tax Amount $11,970

Tax Year 2024

Lot Size 5,061 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

Area 624 - Glendale-Chevy Chase/E. Glenoaks

Interior

Laundry None

Building

Lot Description 0-1 Unit/Acre,Corner Lot,Landscaped,Rectangular Lot

Story 1

Water Public

Others

Acceptable Financing Cash to New Loan

Listing Terms Cash to New Loan

Special Listing Condition Standard

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