3119-3121 Glendale Blvd, Los Angeles, CA 90039

1,565 SF | 32% Leased | Retail Building | Los Angeles, CA 90039 | $1,900,000 ($1,214/SF) | 5.37% Cap Rate

Asking Price $1,900,000

Property Type
Retail
Square Feet
1,565 SF
Price / Square Foot
$1,214

Listing Contacts

Mauricio Olaiz
Mauricio Olaiz
Trevor Gleason
Trevor Gleason

Property Overview

TWO-UNIT RETAIL BUILDING FOR SALE IN ATWATER VILLAGE
- Sale Leaseback to begin at the close of escrow: 5.37 CAP Triple Net!
- Exceptional location in the heart of Atwater Village’s highly sought after Glendale Blvd.
- Just steps from the weekly Atwater Village Farmers’ Market
- Easy access to the 5, 2, 134, and 110 Freeways
- Near the Los Angeles River and Griffith Park
- Surrounded by a vibrant mix of local businesses, eateries and cultural attractions
- Atwater Village attracts a diverse and affluent clientele, ideal for retail and commercial ventures

Property Details

Class
C
Year Built
1947
Stories
2
Property Subtype
Storefront Retail/Office
Lot Size (sq. ft)
2,614 SF

Highlights

  • NNN Investment Sale Leaseback (5.37 CAP in place) or Owner User Opportunity
  • Seller has operated their Dental Practice at this location for 20+ years and are willing to Leaseback, terms negotiable.
  • Seller is willing to sell to an Owner-user.
  • Sweet Secret Los Angeles has a lease until March 31st, 2027, plus a five (5) year option to renew.
  • On-site and street parking for customers and employees.
  • High-visibility Signage Opportunity on Glendale Blvd.

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