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Arden Square Office Bldg 315 Arden Ave 26,560 SF 71% Leased Office Building Glendale, CA 91203 $9,900,000 ($372.74/SF) 5.73% Cap Rate
Investment Highlights
- Prime Glendale location
- Owner/user possibility with only 10% down payment available
- Plenty of upside in rents
- Majority of tenants are in medical/healthcare related services
- Motivated Seller
Executive Summary
The Arden Square office building is minutes from the I-5, the SR-2, two blocks north of SR-134 and immediately west of Central Ave, which is walking distance to many restaurants and cafes on Brand Blvd.
Within Glendale's premier downtown office area, this property offers easy access to three freeways, restaurants, banks, and office services. There is individual office access off an attractive interior courtyard with fountain and mature landscaping and is both stairway and elevator serviced. Directory signage available at the main entrance as well as tenant signage for each suite.
There are currently 21 units with 3 vacancies and a handful of month to month and soon to be expired leases. This allows for a new owner to be flexible and potentially occupy the property with their own business OR rent out the empty units as they see fit. There is strong upside in the property for an investor to come in to update/renovate and convert to NN (6.8% proforma) or NNN (8% proforma)tenancy for stronger return on income. If you are potentially looking to move your business into parts of this building please inquire about our lending options that require only 10% down and 50% owner occupancy!
The Seller is highly motivated, paying for buyer's agent commission, and open to offers as long he has time to locate another property for a 1031. Don't pass up this absolute gem of an opportunity to own in a prime Glendale location, with views of the mountains, abundant upside and the convenience of many retail services and restaurants in the neighborhood! Contact us for Rent Rolls and operating statements.
Data Room Click Here to Access
Financial Summary (Pro Forma - 2025) Click Here to Access |
Annual | Annual Per SF |
|---|---|---|
| Gross Rental Income |
$99,999
|
$9.99
|
| Other Income |
$99,999
|
$9.99
|
| Vacancy Loss |
$99,999
|
$9.99
|
| Effective Gross Income |
$99,999
|
$9.99
|
| Taxes |
$99,999
|
$9.99
|
| Operating Expenses |
$99,999
|
$9.99
|
| Total Expenses |
$99,999
|
$9.99
|
| Net Operating Income |
$99,999
|
$9.99
|
Financial Summary (Pro Forma - 2025) Click Here to Access
| Gross Rental Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Other Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Vacancy Loss | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Effective Gross Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Taxes | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Operating Expenses | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Total Expenses | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Net Operating Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
Property Facts Under Contract
Amenities
- Courtyard
Space Availability
- Space
- Size
- Space Use
- Build-Out
- Available
315 Arden Avenue offers a professional office environment in one of Glendale’s most desirable business districts. This two-story building features an attractive interior courtyard with a fountain, mature landscaping, and controlled access, creating a welcoming atmosphere for tenants and visitors. Suite 23, totaling 3,635 square feet, is available for immediate occupancy under a Full Service Gross lease structure, providing predictable monthly costs for tenants. The property is elevator and stairway serviced, with directory signage at the main entrance and individual suite signage for visibility. Tenants benefit from abundant surface parking and proximity to major freeways, including SR-134, I-5, and SR-2, ensuring excellent regional connectivity. Located just west of Central Avenue and within walking distance to Brand Boulevard, the building offers convenient access to numerous restaurants, cafes, banks, and professional services. This space is ideal for businesses seeking a prime Glendale address with a functional layout and easy access to local amenities. With its central location and professional setting, Arden Square provides an excellent opportunity for companies looking to establish or expand their presence in the San Fernando Valley.
315 Arden Avenue offers a professional office environment in one of Glendale’s most desirable business districts. This two-story building features an attractive interior courtyard with a fountain, mature landscaping, and controlled access, creating a welcoming atmosphere for tenants and visitors. Suite 23, totaling 3,635 square feet, is available for immediate occupancy under a Full Service Gross lease structure, providing predictable monthly costs for tenants. The property is elevator and stairway serviced, with directory signage at the main entrance and individual suite signage for visibility. Tenants benefit from abundant surface parking and proximity to major freeways, including SR-134, I-5, and SR-2, ensuring excellent regional connectivity. Located just west of Central Avenue and within walking distance to Brand Boulevard, the building offers convenient access to numerous restaurants, cafes, banks, and professional services. This space is ideal for businesses seeking a prime Glendale address with a functional layout and easy access to local amenities. With its central location and professional setting, Arden Square provides an excellent opportunity for companies looking to establish or expand their presence in the San Fernando Valley.
315 Arden Avenue offers a professional office environment in one of Glendale’s most desirable business districts. This two-story building features an attractive interior courtyard with a fountain, mature landscaping, and controlled access, creating a welcoming atmosphere for tenants and visitors. Suite 23, totaling 3,635 square feet, is available for immediate occupancy under a Full Service Gross lease structure, providing predictable monthly costs for tenants. The property is elevator and stairway serviced, with directory signage at the main entrance and individual suite signage for visibility. Tenants benefit from abundant surface parking and proximity to major freeways, including SR-134, I-5, and SR-2, ensuring excellent regional connectivity. Located just west of Central Avenue and within walking distance to Brand Boulevard, the building offers convenient access to numerous restaurants, cafes, banks, and professional services. This space is ideal for businesses seeking a prime Glendale address with a functional layout and easy access to local amenities. With its central location and professional setting, Arden Square provides an excellent opportunity for companies looking to establish or expand their presence in the San Fernando Valley.
315 Arden Avenue offers a professional office environment in one of Glendale’s most desirable business districts. This two-story building features an attractive interior courtyard with a fountain, mature landscaping, and controlled access, creating a welcoming atmosphere for tenants and visitors. Suite 23, totaling 3,635 square feet, is available for immediate occupancy under a Full Service Gross lease structure, providing predictable monthly costs for tenants. The property is elevator and stairway serviced, with directory signage at the main entrance and individual suite signage for visibility. Tenants benefit from abundant surface parking and proximity to major freeways, including SR-134, I-5, and SR-2, ensuring excellent regional connectivity. Located just west of Central Avenue and within walking distance to Brand Boulevard, the building offers convenient access to numerous restaurants, cafes, banks, and professional services. This space is ideal for businesses seeking a prime Glendale address with a functional layout and easy access to local amenities. With its central location and professional setting, Arden Square provides an excellent opportunity for companies looking to establish or expand their presence in the San Fernando Valley.
| Space | Size | Space Use | Build-Out | Available |
| 1st Fl-Ste 14 | 1,117 SF | Office | Full Build-Out | Now |
| 2nd Fl-Ste 20 | 2,079 SF | Office | Full Build-Out | Now |
| 2nd Fl-Ste 22 | 914 SF | Office | Full Build-Out | Now |
| 2nd Fl-Ste 23 | 3,635 SF | Office | Full Build-Out | Now |
1st Fl-Ste 14
| Size |
| 1,117 SF |
| Space Use |
| Office |
| Build-Out |
| Full Build-Out |
| Available |
| Now |
2nd Fl-Ste 20
| Size |
| 2,079 SF |
| Space Use |
| Office |
| Build-Out |
| Full Build-Out |
| Available |
| Now |
2nd Fl-Ste 22
| Size |
| 914 SF |
| Space Use |
| Office |
| Build-Out |
| Full Build-Out |
| Available |
| Now |
2nd Fl-Ste 23
| Size |
| 3,635 SF |
| Space Use |
| Office |
| Build-Out |
| Full Build-Out |
| Available |
| Now |
1st Fl-Ste 14
| Size | 1,117 SF |
| Space Use | Office |
| Build-Out | Full Build-Out |
| Available | Now |
315 Arden Avenue offers a professional office environment in one of Glendale’s most desirable business districts. This two-story building features an attractive interior courtyard with a fountain, mature landscaping, and controlled access, creating a welcoming atmosphere for tenants and visitors. Suite 23, totaling 3,635 square feet, is available for immediate occupancy under a Full Service Gross lease structure, providing predictable monthly costs for tenants. The property is elevator and stairway serviced, with directory signage at the main entrance and individual suite signage for visibility. Tenants benefit from abundant surface parking and proximity to major freeways, including SR-134, I-5, and SR-2, ensuring excellent regional connectivity. Located just west of Central Avenue and within walking distance to Brand Boulevard, the building offers convenient access to numerous restaurants, cafes, banks, and professional services. This space is ideal for businesses seeking a prime Glendale address with a functional layout and easy access to local amenities. With its central location and professional setting, Arden Square provides an excellent opportunity for companies looking to establish or expand their presence in the San Fernando Valley.
2nd Fl-Ste 20
| Size | 2,079 SF |
| Space Use | Office |
| Build-Out | Full Build-Out |
| Available | Now |
315 Arden Avenue offers a professional office environment in one of Glendale’s most desirable business districts. This two-story building features an attractive interior courtyard with a fountain, mature landscaping, and controlled access, creating a welcoming atmosphere for tenants and visitors. Suite 23, totaling 3,635 square feet, is available for immediate occupancy under a Full Service Gross lease structure, providing predictable monthly costs for tenants. The property is elevator and stairway serviced, with directory signage at the main entrance and individual suite signage for visibility. Tenants benefit from abundant surface parking and proximity to major freeways, including SR-134, I-5, and SR-2, ensuring excellent regional connectivity. Located just west of Central Avenue and within walking distance to Brand Boulevard, the building offers convenient access to numerous restaurants, cafes, banks, and professional services. This space is ideal for businesses seeking a prime Glendale address with a functional layout and easy access to local amenities. With its central location and professional setting, Arden Square provides an excellent opportunity for companies looking to establish or expand their presence in the San Fernando Valley.
2nd Fl-Ste 22
| Size | 914 SF |
| Space Use | Office |
| Build-Out | Full Build-Out |
| Available | Now |
315 Arden Avenue offers a professional office environment in one of Glendale’s most desirable business districts. This two-story building features an attractive interior courtyard with a fountain, mature landscaping, and controlled access, creating a welcoming atmosphere for tenants and visitors. Suite 23, totaling 3,635 square feet, is available for immediate occupancy under a Full Service Gross lease structure, providing predictable monthly costs for tenants. The property is elevator and stairway serviced, with directory signage at the main entrance and individual suite signage for visibility. Tenants benefit from abundant surface parking and proximity to major freeways, including SR-134, I-5, and SR-2, ensuring excellent regional connectivity. Located just west of Central Avenue and within walking distance to Brand Boulevard, the building offers convenient access to numerous restaurants, cafes, banks, and professional services. This space is ideal for businesses seeking a prime Glendale address with a functional layout and easy access to local amenities. With its central location and professional setting, Arden Square provides an excellent opportunity for companies looking to establish or expand their presence in the San Fernando Valley.
2nd Fl-Ste 23
| Size | 3,635 SF |
| Space Use | Office |
| Build-Out | Full Build-Out |
| Available | Now |
315 Arden Avenue offers a professional office environment in one of Glendale’s most desirable business districts. This two-story building features an attractive interior courtyard with a fountain, mature landscaping, and controlled access, creating a welcoming atmosphere for tenants and visitors. Suite 23, totaling 3,635 square feet, is available for immediate occupancy under a Full Service Gross lease structure, providing predictable monthly costs for tenants. The property is elevator and stairway serviced, with directory signage at the main entrance and individual suite signage for visibility. Tenants benefit from abundant surface parking and proximity to major freeways, including SR-134, I-5, and SR-2, ensuring excellent regional connectivity. Located just west of Central Avenue and within walking distance to Brand Boulevard, the building offers convenient access to numerous restaurants, cafes, banks, and professional services. This space is ideal for businesses seeking a prime Glendale address with a functional layout and easy access to local amenities. With its central location and professional setting, Arden Square provides an excellent opportunity for companies looking to establish or expand their presence in the San Fernando Valley.
Property Taxes
| Parcel Number | 5636-012-065 | Total Assessment | $10,950,121 |
| Land Assessment | $4,024,909 | Annual Taxes | ($1) ($0.00/SF) |
| Improvements Assessment | $6,925,212 | Tax Year | 2025 |
Property Taxes
Presented by
Cal Mutual Inc
Arden Square Office Bldg | 315 Arden Ave
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