623 W Broadway
Glendale, CA 91204
Hi Tech General Motors · Retail Property For Sale

FOR SALE OR FOR LEASE: MECHANIC SHOP INVESTMENT Purchase Price: $1,950,000.00 Lease Price: $2.56/NNN Building Square Footage: 3,050 gross square feet (As per LA County Assessor) Lot Size: 9461 (As per LA County Assessor) Development potential: Existing as a mechanic shop use, for other uses buyer to verity with City of Glendale Main street exposure: W Broadway/San Fernando Road/Pacific Desirable corner lot, easy ingress and egress Accessible to retail shops and nearby amenities Easy access to thoroughfares, 5 and 134 Freeways Traffic Count: 19,400 ADT (W Broadway/N Kenilworth Avenue) Demographics available upon request Market Summary A 3050 sq. f.t mechanic shop with 2 bays, on a 9461 sq. ft. lot with 12 parking spots. High traffic, great ingress and egress, high visibility, prime location in between San Fernando Rd and Pacific, easy access to 5 and 134 freeways. The property will be delivered vacant at the close of escrow. There is potential for redevelopment. The subject property is located in the city of Glendale. Glendale is a city in Los Angeles County, California with an estimated population of 200,167, making it the third largest city in Los Angeles County and the 23rd-largest city in California. It is located about 8 miles (13 km) north of downtown Los Angeles.There is an abundance of employment and business opportunities in Glendale as the city houses the headquarters of Nestle, US Bank, International House of Pancakes and the Grand Central Business Center home to Disney Consumer Products, and Marvel Animation Studios.Both Interstate 5 and 134 Freeways link Glendale with downtown Los Angeles and other major commercial venues. Glendale has been established in 1884 and incorporated in 1906. Currently, Glendale is undergoing a redeveloping boom (commercial and residential) to meet the population demands.