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Glendale Center 515 S Verdugo Rd 1,610 SF of Retail Space Available in Glendale, CA 91205
HIGHLIGHTS
- Heavy daytime foot traffic
- Second Generation Restaurant Space
- Pylon Sign & Storefront Sign
- Lots of Natural Light
- Free Parking
- Busy Shopping Center with Excellent Tenant Mix
SPACE AVAILABILITY (1)
Display Rental Rate as
- SPACE
- SIZE
- TERM
- RENTAL RATE
- RENT TYPE
| Space | Size | Term | Rental Rate | Rent Type | ||
| 1st Floor | 1,610 SF | 3-10 Years | $93.81 CAD/SF/YR $7.82 CAD/SF/MO $151,027 CAD/YR $12,586 CAD/MO | Triple Net (NNN) |
515 S Verdugo Rd - 1st Floor
Indra Restaurant has been open and operating at this location by the same family since 1969 when the shopping center was first built. The business owner is asking for $150K asset sale which includes all Fixtures, Furniture, Equipment, Beer & Wine License, and proprietary business name and logo. Call/Text Dan Khatchaturian for more info and to schedule your tour: (213) 400-5399 Please do not disturb Tenant.
- Lease rate does not include utilities, property expenses or building services
- Fully Built-Out as a Restaurant or Café Space
- Located in-line with other retail
- Space is in Excellent Condition
- Fully Built Out Restaurant
- Recently Renovated
- Pylon Sign
Rent Types
The rent amount and type that the tenant (lessee) will be responsible to pay to the landlord (lessor) throughout the lease term is negotiated prior to both parties signing a lease agreement. The rent type will vary depending upon the services provided. For example, triple net rents are typically lower than full service rents due to additional expenses the tenant is required to pay in addition to the base rent. Contact the listing broker for a full understanding of any associated costs or additional expenses for each rent type.
1. Full Service: A rental rate that includes normal building standard services as provided by the landlord within a base year rental.
2. Double Net (NN): Tenant pays for only two of the building expenses; the landlord and tenant determine the specific expenses prior to signing the lease agreement.
3. Triple Net (NNN): A lease in which the tenant is responsible for all expenses associated with their proportional share of occupancy of the building.
4. Modified Gross: Modified Gross is a general type of lease rate where typically the tenant will be responsible for their proportional share of one or more of the expenses. The landlord will pay the remaining expenses. See the below list of common Modified Gross rental rate structures: 4. Plus All Utilities: A type of Modified Gross Lease where the tenant is responsible for their proportional share of utilities in addition to the rent. 4. Plus Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of cleaning in addition to the rent. 4. Plus Electric: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical cost in addition to the rent. 4. Plus Electric & Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical and cleaning cost in addition to the rent. 4. Plus Utilities and Char: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the utilities and cleaning cost in addition to the rent. 4. Industrial Gross: A type of Modified Gross lease where the tenant pays one or more of the expenses in addition to the rent. The landlord and tenant determine these prior to signing the lease agreement.
5. Tenant Electric: The landlord pays for all services and the tenant is responsible for their usage of lights and electrical outlets in the space they occupy.
6. Negotiable or Upon Request: Used when the leasing contact does not provide the rent or service type.
7. TBD: To be determined; used for buildings for which no rent or service type is known, commonly utilized when the buildings are not yet built.
SELECT TENANTS AT GLENDALE CENTER
- TENANT
- DESCRIPTION
- US LOCATIONS
- REACH
- CK MARKET
- Accommodation and Food Services
- -
- -
- Ed's Barber Shop
- Services
- -
- -
- Indra Restaurant
- Restaurant
- 1
- -
- Spinster Laundromat
- Laundry
- 1
- -
- Verdugo Pizza
- Accommodation and Food Services
- -
- -
- Water & Ice
- Retailer
- -
- -
| TENANT | DESCRIPTION | US LOCATIONS | REACH |
| CK MARKET | Accommodation and Food Services | - | - |
| Ed's Barber Shop | Services | - | - |
| Indra Restaurant | Restaurant | 1 | - |
| Spinster Laundromat | Laundry | 1 | - |
| Verdugo Pizza | Accommodation and Food Services | - | - |
| Water & Ice | Retailer | - | - |
PROPERTY FACTS
| Total Space Available | 1,610 SF | Frontage | |
| Center Type | Strip Center | Gross Leasable Area | 7,785 SF |
| Parking | 15 Spaces | Total Land Area | 0.39 AC |
| Center Properties | 1 | Year Built | 1969 |
| Total Space Available | 1,610 SF |
| Center Type | Strip Center |
| Parking | 15 Spaces |
| Center Properties | 1 |
| Frontage | |
| Gross Leasable Area | 7,785 SF |
| Total Land Area | 0.39 AC |
| Year Built | 1969 |
ABOUT THE PROPERTY
- Very busy and successful shopping center located on the signalized intersection of Verdugo & Maple in an underserved pocket of Glendale surrounded by homes and apartments. - Ingress/Egress from multiple access points - Free Parking easily accessible for customers - Excellent Tenant Mix Call/Text Dan Khatchaturian (213)400-5399 for more info and to schedule your tour Please do not disturb Tenant.
- Bus Line
- Signage
- Signalized Intersection
NEARBY MAJOR RETAILERS
Presented by
Dell West Properties
Glendale Center | 515 S Verdugo Rd
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