Price/SF: $297
Gross Leaseable Area: 33,480 SF
Cap Rate: 7.00%
NOI (Year 1): $671,784
Current Occupancy: 100%
LONG-TENURED TENANT ROSTER WITH PROVEN OCCUPANCY STABILITY
Extended tenant occupancy history indicates consistent unit-level performance and strong customer demand in this established Glendale corridor.
DIVERSIFIED DAILY-NEEDS TENANT BASE ACROSS MEDICAL, FOOD, BEAUTY & ESSENTIAL SERVICES
Fourteen tenants operate across urgent care, dental, QSR, salon, insurance, specialty retail, and personal services.
HIGH-DEMAND INLINE FORMAT WITH A 2,391 SF AVERAGE SUITE SIZE
Other than Hobby Bench, suite sizes range from 1,200 to 3,600 square feet, fitting the most easily re-tenantable category in neighborhood retail.
NEARLY 80% OF THE RENT ROLL FEATURES EMBEDDED RENTAL GROWTH
Eleven of fourteen tenants have scheduled rent escalations, producing predictable NOI growth.
NEAR-TERM LEASE ROLLOVER PROVIDES CLEAR MARK-TO-MARKET OPPORTUNITY
Multiple expirations occur between 2026 and 2028, with most tenants having FMV-based renewals or no options remaining.
DIVERSIFIED INCOME STREAM WITH NO TENANT CONTROLLING NOI
Fourteen tenants contribute to the revenue base, minimizing exposure to any single operator.