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- LoopNet Team
414 N Central Ave
Glendale, CA 91203
414 N. Central Avenue · Retail Property For Sale
PROPERTY FACTS
AMENITIES
- Bus Line
- Signage
- Signalized Intersection
ABOUT 414 N CENTRAL AVE , GLENDALE, CA 91203
The Property is located on a ± 0.39-acre land parcel situated on the south east signalized corner of W. Milford Avenue and Central Avenue. Just 2-blocks south of the 134 Freeway and 1-mile to Interstate 5 Freeway and surrounded by institutional class A office and multifamily buildings, the Property sits in the heart of the Downtown Specific Plan – Orange Central mixed-use zone offering convenient access to public transportation and Downtown Los Angeles. Touting a pedestrian friendly Walk Score of 93 “Walker’s Paradise,” nearby retail amenities and centralized within the dense employment area of Glendale, the Property is suitable for a number of end users including office, retail, restaurant and mixed-use development. *The building and land are encumbered by ground lease through May 2024. Lessee has two (2), five (5) year options to extend the ground lease (CPI increases every 5 years). Upon lease expiration, all buildings improvements shall be surrendered to Lessor. Please direct all inquiries to the investment advisors listed in this offering.
PROPERTY TAXES
| Parcel Number | 5643-003-036 | Improvements Assessment | $1,312,373 |
| Land Assessment | $3,171,571 | Total Assessment | $4,483,944 |
PROPERTY TAXES
