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32730219
32730220

13185 Gladstone Ave, Sylmar, CA 91205

SH
CA 02126702
JohnHart Real Estate
Listed by JohnHart Real Estate
$3,500,000
20 days on market
Updated 20 days ago

13185 Gladstone Ave

Details
Property Type Retail
Sub Type Shopping Center
Square Footage 5,000
Cap Rate 4.38%
NOI $153,302
Occupancy 100%
Tenancy Multi
Lease Term 3
Lease Expiration 12/31/2028
Rent Bumps Yes
Pro-Forma Cap Rate 4.92%
Pro-Forma NOI $172,221
Year Built 1982
Stories 1
Acreage 0.310
Zoning LAC4
Parking Spaces 13 spaces
Parking Per SqFt 2.60
Investment Type Stabilized
Lease Commencement 01/01/2026
Ground Lease No

Retail | 4.38% CAP | 5,000 SqFt

Marketing description

Prime investment opportunity to acquire a fully occupied neighborhood shopping center in the heart of Sylmar. The property consists of approximately 5,000 SF situated on a 13,389 SF lot (0.31 AC) with favorable LAC4 zoning, offering strong long-term investment potential and flexibility in a growing Los Angeles submarket. Built in 1982, the one-story retail center is comprised of five established tenants, providing immediate cash flow and a diversified income stream. The property has been maintained to support multiple tenant uses and continues to benefit from consistent day-to-day consumer activity generated by both the tenant mix and surrounding neighboring businesses. Strategically positioned in a high-visibility corridor with convenient access to major streets and freeways, the property benefits from strong local traffic, accessibility, and continued tenant demand. The center is surrounded by dense residential neighborhoods and complementary retail and service-oriented businesses that help support long-term occupancy stability. The property features 13 on-site parking spaces, functional ingress/egress, and an efficient layout that accommodates a variety of retail and commercial uses. With limited retail inventory available in the immediate area, this offering presents an attractive opportunity for investors seeking a stabilized retail asset with reliable in-place income and future upside through rental growth and market appreciation.

Investment highlights

  • Fully occupied 5,000 SF neighborhood shopping center with five established tenants providing stable, diversified cash flow.
  • Prime Sylmar location on a high-visibility corridor with strong traffic counts and easy freeway access.
  • Favorable LAC4 zoning on a 13,389 SF lot offers long-term flexibility and future investment upside.
  • Surrounded by dense residential communities and complementary businesses supporting continued tenant demand.

Listing Contacts

SH
CA 02126702
JohnHart Real Estate
Listed by JohnHart Real Estate

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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$153,302.00
$12,775.17/mo

Valuation Metrics

0
DSCR
4.38%
Cap Rate
4.38%
ROI

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