5846 San Fernando RD new Save Request In-Person Tour Request Virtual Tour
Glendale,CA 91202
Key Details
Property Type Commercial
Sub Type Office
Listing Status Active
Purchase Type For Sale
MLS Listing ID GD25196154
Year Built 1939
Tax Year 2024
Lot Size 5,061 Sqft
Property Sub-Type Office
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
Area 624 - Glendale-Chevy Chase/E. Glenoaks
Interior
Laundry None
Exterior
Utilities Available Sewer Connected,Water Available
Building
Lot Description 0-1 Unit/Acre,Corner Lot,Rectangular Lot
Story 1
Water Public
Others
Acceptable Financing Cash to New Loan
Listing Terms Cash to New Loan
Special Listing Condition Standard