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1440 Flower St 3,420 SF Industrial Building Glendale, CA 91201 $2,757,960 CAD ($806.42 CAD/SF) 4.66% Cap Rate
INVESTMENT HIGHLIGHTS
- Directly Across from Walt Disney Campus
- Bonus Space
- Close Proximity to 5 Freeway
EXECUTIVE SUMMARY
Property can only be seen with a confirmed appointment. There is currently a tenant in place with 2 years left on their current lease with a single 3 year option to extend. Owner passed away and the successor trustees are selling the property.
FINANCIAL SUMMARY (ACTUAL - 2024) |
ANNUAL (CAD) | ANNUAL PER SF (CAD) |
|---|---|---|
| Gross Rental Income |
$145,736
|
$42.61
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
$145,736
|
$42.61
|
| Taxes |
$10,367
|
$3.03
|
| Operating Expenses |
$6,895
|
$2.02
|
| Total Expenses |
$17,262
|
$5.05
|
| Net Operating Income |
$128,474
|
$37.57
|
FINANCIAL SUMMARY (ACTUAL - 2024)
| Gross Rental Income (CAD) | |
|---|---|
| Annual | $145,736 |
| Annual Per SF | $42.61 |
| Other Income (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income (CAD) | |
|---|---|
| Annual | $145,736 |
| Annual Per SF | $42.61 |
| Taxes (CAD) | |
|---|---|
| Annual | $10,367 |
| Annual Per SF | $3.03 |
| Operating Expenses (CAD) | |
|---|---|
| Annual | $6,895 |
| Annual Per SF | $2.02 |
| Total Expenses (CAD) | |
|---|---|
| Annual | $17,262 |
| Annual Per SF | $5.05 |
| Net Operating Income (CAD) | |
|---|---|
| Annual | $128,474 |
| Annual Per SF | $37.57 |
PROPERTY FACTS
AMENITIES
- Courtyard
- Air Conditioning
UTILITIES
- Lighting - Fluorescent
- Water - City
- Sewer - City
- Heating - Gas
MAJOR TENANTS
- TENANT
- INDUSTRY
- SF OCCUPIED
- RENT/SF
- LEASE END
- Creativity In Living, Inc.
- Professional, Scientific, and Technical Services
- -
- -
- -
- Themumgroup
- Professional, Scientific, and Technical Services
- -
- -
- -
| TENANT | INDUSTRY | SF OCCUPIED | RENT/SF | LEASE END | ||
| Creativity In Living, Inc. | Professional, Scientific, and Technical Services | - | - | - | ||
| Themumgroup | Professional, Scientific, and Technical Services | - | - | - |
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Walk Score®
Very Walkable (78)
Bike Score®
Very Bikeable (82)
PROPERTY TAXES
PROPERTY TAXES
Parcel Numbers
Land Assessment
$519,605 CAD (2025)
Improvements Assessment
$536,927 CAD (2025)
Total Assessment
$1,056,532 CAD (2025)
Annual Taxes
$10,367 CAD ($3.03 CAD/SF)
Tax Year
2024 Payable 2025
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1440 Flower St
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