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1427 S Glendale Ave
Glendale, CA 91205
DaVita Dialysis Glendale | Next to Hospital! · Office Property For Sale

Property Facts

Property Type
Office
Property Subtype
Medical
Building Size
9,669 SF
Building Class
B
Year Built
1956
Tenancy
Single
Building Height
1 Story
Typical Floor Size
9,669 SF
Building FAR
0.36
Lot Size
0.61 AC
Zoning
C3, Glendale
Parking
42 Spaces (4.85 Spaces per 1,000 SF Leased)

Amenities

  • Bus Line
  • Signage

About 1427 S GLENDALE AVE , GLENDALE, CA 91205

The subject property is a 9,669 SF kidney dialysis clinic that is 100% leased to DaVita. DaVita signed a new 10-year lease which commenced September 1, 2013 and expires August 31, 2023 leaving approximately 6.75 years on the base term of the lease. The lease includes rare annual CPI increases (minimum 2%) and two, 5-year options to extend. The clinic is extremely well located at the hard corner of Laurel St and Glendale Blvd and just south of Los Feliz Blvd, a major eastwest corridor. The clinic is just minutes away from popular neighborhoods and attractions such as Atwater Village, Silver Lake, Los Feliz, Hollywood, and Griffith Park. The clinic also has great accessibility to Interstate 5 via Los Feliz Blvd and Brand Avenue and is walking distance to the Glendale Metrolink. The facility is located just one-mile south of some of Southern California' s most popular shopping venues, The Glendale Galleria and The Brand at Americana. Furthermore, this DaVita is just one block east of the Dignity Health Glendale Memorial Hospital, an award winning 334 bed hospital.

Property Taxes

Property Taxes

Parcel Number
5640-025-002
Land Assessment
$6,250,332
Improvements Assessment
$1,160,584
Total Assessment
$7,410,916
  • Listing ID: 5615778

  • Date on Market: 1/25/2017

  • Last Updated:

  • Address: 1427 S Glendale Ave, Glendale, CA 91205

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