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Angeles Hospital 5846 San Fernando Rd 1,587 SF Retail Building Glendale, CA 91202 $1,850,000 ($1,165.72/SF) 4.99% Cap Rate
INVESTMENT HIGHLIGHTS
- Established medical/veterinary location with guaranteed 10-year NNN lease plus 5-year option.
- Turnkey investment opportunity with experienced operator.
- Prime Glendale location on San Fernando Road with excellent visibility and exposure.
- Renovated and well-maintained facility.
- High-traffic area with easy access and visibility.
EXECUTIVE SUMMARY
Sale leaseback opportunity with established veterinary clinic. Current owner/operator will execute a new 10-year absolute NNN lease upon sale with a 5-year extension option. Secure, long-term income stream from essential medical service provider in prime Glendale location. Property has history of successful veterinary operations. Excellent opportunity for investors seeking stable returns from a recession-resistant tenant.
FINANCIAL SUMMARY (ACTUAL - 2023) Click Here to Access |
ANNUAL | ANNUAL PER SF |
|---|---|---|
| Gross Rental Income |
$99,999
|
$9.99
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
$99,999
|
$9.99
|
| Net Operating Income |
-
|
-
|
FINANCIAL SUMMARY (ACTUAL - 2023) Click Here to Access
| Gross Rental Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Other Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Net Operating Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
PROPERTY FACTS
Sale Type
Investment
Sale Condition
Sale Leaseback
Property Type
Retail
Property Subtype
Building Size
1,587 SF
Building Class
C
Year Built
1939
Price
$1,850,000
Price Per SF
$1,165.72
Cap Rate
4.99%
NOI
$92,328
Tenancy
Single
Building Height
1 Story
Building FAR
0.31
Lot Size
0.12 AC
Zoning
GLC3* - GLC3 zoning designation allows for a wide range of commercial uses including medical facilities, professional offices and retail.
Parking
2 Spaces (1.26 Spaces per 1,000 SF Leased)
AMENITIES
- Bus Line
- Corner Lot
MAJOR TENANTS Click Here to Access
- TENANT
- INDUSTRY
- SF OCCUPIED
- RENT/SF
- LEASE TYPE
- LEASE END
- Angelus Pet Hospital
- Professional, Scientific, and Technical Services
-
99,999 SF
-
$9.99
-
Lorem Ipsum
-
Jan 0000
| TENANT | INDUSTRY | SF OCCUPIED | RENT/SF | LEASE TYPE | LEASE END | |
| Angelus Pet Hospital | Professional, Scientific, and Technical Services | 99,999 SF | $9.99 | Lorem Ipsum | Jan 0000 |
Walk Score®
Very Walkable (73)
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Number | 5628-039-013 | Improvements Assessment | $652,800 (2025) |
| Land Assessment | $979,200 (2025) | Total Assessment | $1,632,000 (2025) |
PROPERTY TAXES
Parcel Number
5628-039-013
Land Assessment
$979,200 (2025)
Improvements Assessment
$652,800 (2025)
Total Assessment
$1,632,000 (2025)
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Presented by
Dunaway Real Estate Group
Angeles Hospital | 5846 San Fernando Rd
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