Building Size: 20,468 SF
Price/SF: $175,84
Property Type: Shopping Center
Property Sub-type: Strip Center
Additional Sub-types: Economy/ Limited Service
Office Building
Strip Center
Property Use Type: Net Lease Investment with 5 years left on lease
Construction Status: Existing
Cap Rate: 6.24 %
Occupancy: 100 %
Tenancy: Multiple
- $224,670
Description
Rare opportunity to purchase a 100% leased building in the heart of downtown.
Hotel tenant will consider selling the business.
Price is below replacement cost.
Centered in the heart of Downtown Glendale, adjacent to corporate high-rise office buildings. Tremendous foot traffic and exposure. Huge Daytime Population. Rare Opportunity!
