For Sale: Multi-Tenant Property Available
Flexible Investment Asset | 6,371 SF
Marketing description
illi Commercial Real Estate is pleased to present 3601-3609 North Verdugo Road and 1913-1917 Broadview Avenue, a generational asset located in North Glendale, just steps away from the Montrose Shopping Park district. he property consists of three separate buildings, totaling approximately 6,371 square feet, on a 12,478 square foot corner parcel on a signalized intersection.
Benefiting from historically high occupancy, the project has been an excellent family operated investment for many years. With long-term tenants who currently have short-term leases in place, an investor can benefit from a flexible future for the asset. One may negotiate new terms with existing tenants, replace tenants with new higher paying operators, occupy all or a portion of the project for onesself, or possibly consider a full redevelopment of the land. Don’t miss this opportunity to own a prime piece of a thriving Los Angeles suburb.
Investment highlights
-Multiple Use property including Retail, Office, and Warehouse
-Strategically located on the signalized corner of N Verdugo Blvd. and Broadview Drive
-In place rental income from existing tenants with flexible lease terms
- Pylon signage
-Nestled in the Montrose Shopping Park district, a thriving area featuring nearly 250 businesses and over 7,000 households within a 1 mile radius
-Well-connected via major freeways including the I-210 and State Route 2 ("Glendale Freeway")
-The property is located near Oakmont Country Club, USC Verdugo Hills Hospital, Glendale
Community College, John C. Fremont Elementary School and is just a short drive from Glendale and Burbank
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