5846 San Fernando Road, Glendale, CA 91202
sale
$1,850,000
|
Other
Courtesy Of Dunaway Real Estate Group
Presenting Angelus Pet Hospital, a rare investment opportunity located at 5846 San Fernando Road in Glendale, CA. A reliable veterinary tenant currently occupies this freestanding medical office building, offering excellent visibility along San Fernando Road. The property features a professionally built medical space with 1,587 square feet of building area on a 5,062-square-foot lot.
The tenant has executed a 10-year absolute NNN lease, commencing on October 1, 2024, with annual rent increases of 3%. The property generates $92,328 in annual rental income, providing stable cash flow with a 4.99% cap rate. Ideal for investors seeking a passive, income-producing asset in a high-demand Glendale location close to major freeways, residential communities, and business amenities.
The tenant has executed a 10-year absolute NNN lease, commencing on October 1, 2024, with annual rent increases of 3%. The property generates $92,328 in annual rental income, providing stable cash flow with a 4.99% cap rate. Ideal for investors seeking a passive, income-producing asset in a high-demand Glendale location close to major freeways, residential communities, and business amenities.
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Property Features
- Age: Over 50 Years Old
- Architecture Style: Other
- MLSID: GD25196154
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