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Multi-Tenant Retail in Downtown Glendale 240 N Brand Blvd 56,313 SF 100% Leased Retail Building Glendale, CA 91203 $27,980,445 CAD ($496.87 CAD/SF)



INVESTMENT HIGHLIGHTS
- Iconic Destination | Americana @ Brand |Glendale Galleria
- Dense Multi-Family / Apartment Corridor
EXECUTIVE SUMMARY
SRS Capital Markets, is pleased to offer the opportunity to acquire the fee simple interest (land & building ownership) in 240 N Brand Boulevard, a 100% occupied, unique, mixed-use building featuring a strong tenant lineup of Planet Fitness, Goodwill, and Glendale Career College. Planet Fitness recently signed a brand new 15 year lease with scheduled rental increases and options to extend, demonstrating their commitment to the site.
PROPERTY FACTS
Sale Type
Investment
Property Type
Building Size
56,313 SF
Building Class
C
Year Built/Renovated
1959/1970
Price
$27,980,445 CAD
Price Per SF
$496.87 CAD
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
2.75
Lot Size
0.47 AC
Zoning
GLC3YY
Parking
20 Spaces (0.36 Spaces per 1,000 SF Leased)
Frontage
AMENITIES
- Bus Line
- Corner Lot
- Security System
- Signage
- Signalized Intersection
- Air Conditioning
Walk Score®
Walker's Paradise (97)
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Numbers | Improvements Assessment | $17,341,681 CAD | |
| Land Assessment | $17,341,681 CAD | Total Assessment | $34,683,362 CAD |
PROPERTY TAXES
Parcel Numbers
Land Assessment
$17,341,681 CAD
Improvements Assessment
$17,341,681 CAD
Total Assessment
$34,683,362 CAD
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Multi-Tenant Retail in Downtown Glendale | 240 N Brand Blvd
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