$1,850,000
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.
Listed by Kaiulani Camuso with Dunaway Real Estate Group (818) 445-7206
Property Type
Office
Status
Active
MLS Number
GD25196154
Year Built
1939
Lot Size
5,062 sq ft
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