Absolute NNN Gas
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1118 North Glendale Avenue, Glendale, CA 91206
Freestanding fuel and convenience retail asset leased under an absolute NNN structure.
Property Size857 SF
Lot Size0.31 Acres
Price / SF$9,418
Days on Market5
Property Features for 1118 North Glendale Avenue
General Information
Standard status
Active
Size
857 SF
Total Parking Spaces
4
Lot size
0.31 Acres
Property subtype
Retail
Lease Type
Absolute Net
Investment Type
Net Lease
Net Operating Income
$423,782
Building Details
Year Built
1958
Tenancy
Single
Listing Agency:
CBRE Atlanta
(858) 546-4651
Listed By:
Thomas Carr · License #374849
Source:
Crexi
Added: Aug 7
Changed: Aug 11
Last Checked: Aug 11 at 2:58AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of CBRE Atlanta
Investment Insights
Based on property information with market context.
The property is an 857-square-foot gas station and convenience store on a 0.31-acre site. Constructed in 1958, the asset is being offered as real estate only; the operating business is excluded from the sale.
The property is located at 1118 North Glendale Avenue in Glendale, California, within the Los Angeles MSA, which has a population of 13M+. The tenancy is structured as an absolute NNN lease with approximately 7.9 years remaining, subject to a 7.50% rental increase in July 2029 and corresponding increases during three 5-year renewal options.
The property is located at 1118 North Glendale Avenue in Glendale, California, within the Los Angeles MSA, which has a population of 13M+. The tenancy is structured as an absolute NNN lease with approximately 7.9 years remaining, subject to a 7.50% rental increase in July 2029 and corresponding increases during three 5-year renewal options.
Key Highlights
- 857‑square‑foot gas station and convenience store
- 0.31‑acre site at 1118 North Glendale Avenue, Glendale, CA 91206
- Absolute NNN lease with ±7.9‑year term
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
2,544
Businesses Nearby
222k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Groceries 63%
Shops & Services 22%
Dining 13%
Home Improvements & Furnishings 1%
Whole Foods Market
Groceries
83,455 visits/mo
0.4 miles
VONS
Groceries
55,917 visits/mo
0.2 miles
IHOP
Dining
20,022 visits/mo
0.1 miles
76
Shops & Services
16,713 visits/mo
0.3 miles
Chase Bank
Shops & Services
15,193 visits/mo
0.1 miles
Demographics for 91206, CA
33,252
Population
13,767
Households
2.4
Avg Household Size
43
Median Age
47%
College-Educated
90%
High-School Grad
5.8 sq mi
ZIP Area
5,733
Density / Sq Mi
$86,684
Median Household Income
$52,517
Median Earnings
$2,159
Median Rent
$1,094,100
Median Home Value
Market
Vacancy Rate% for Retail in West region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Gas station - Freestanding fuel and convenience retail asset leased under an absolute NNN structure.
Where is this gas station located?
The property is located at 1118 North Glendale Avenue Glendale, CA.
What is the asking price?
The asking price for this property is $8,072,047.
What are key features of this property?
This property features: 857‑square‑foot gas station and convenience store; 0.31‑acre site at 1118 North Glendale Avenue, Glendale, CA 91206; Absolute NNN lease with ±7.9‑year term
