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Listed by Kaiulani Camuso • Dunaway Real Estate Group
$ 1,850,000
Est. payment | /mo
1,587 SqFt
$ 1,850,000
Est. payment | /mo
1,587 SqFt
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 CRGD25196154
HOA Y/N No
Year Built 1939
Lot Size 5,062 Sqft
Property Sub-Type Office
Source Datashare California Regional
Property Description
Presenting Angelus Pet Hospital, a rare investment opportunity located at 5846 San Fernando Road in Glendale, CA. A reliable veterinary tenant currently occupies this freestanding medical office building, offering excellent visibility along San Fernando Road. The property features a professionally built medical space with 1,587 square feet of building area on a 5,062-square-foot lot. The tenant has executed a 10-year absolute NNN lease, commencing on October 1, 2024, with annual rent increases of 3%. The property generates $92,328 in annual rental income, providing stable cash flow with a 4.99% cap rate. Ideal for investors seeking a passive, income-producing asset in a high-demand Glendale location close to major freeways, residential communities, and business amenities.
Location
State CA
County Los Angeles
Interior
Fireplace No
Building
Water Public
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Adam Shoop
Broker Associate at LPT Realty | Lic# 1782227