Storefront Property with Four
For Sale
Contact for pricing
1134 E Colorado St, Glendale, CA 91205
Two structures combine street-facing retail space with additional commercial suites.
Property Size4,094 SF
Lot Size0.13 Acres
Price / SF$799.95
Days on Market192
Property Features for 1134 E Colorado St
General Information
Standard status
Active
Size
4,094 SF
Class
B
Lot size
0.13 Acres
Property subtype
Office, Retail
Zoning
C3
Site & Location
Traffic Count
19,532 vehicles/day
Highway Access
Yes
Road Access
Yes
Building Details
Buildings
2
Building Size
4,094 SF
Tenancy
Multi
Listing Agency:
Stevenson Real Estate Services
(818) 956-7001
Listed By:
Patrick Long · License #CA 01831830
Source:
Crexi
Added: Feb 18
Changed: Aug 29
Last Checked: Aug 29 at 4:15PM
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 Stevenson Real Estate Services
Investment Insights
Based on property information with market context.
This storefront property includes two buildings totaling 4,094 square feet on a 5,840-square-foot parcel. The front structure provides 1,920 square feet of retail area, while the two-story rear building contains 2,174 square feet arranged as four commercial suites, with two on each floor. The C3 zoning designation supports a range of uses, subject to buyer verification.
Positioned at 1134 E Colorado St in Glendale, the property fronts Colorado Street, which records an estimated 19,532 vehicles per day according to the MPSI 2024 estimate. The site is near Downtown Glendale, Glendale Galleria, and The Americana at Brand, with access to the 2 and 134 freeways.
The layout offers a street-oriented retail component alongside separately configured suites, creating a flexible two-building commercial arrangement.
Positioned at 1134 E Colorado St in Glendale, the property fronts Colorado Street, which records an estimated 19,532 vehicles per day according to the MPSI 2024 estimate. The site is near Downtown Glendale, Glendale Galleria, and The Americana at Brand, with access to the 2 and 134 freeways.
The layout offers a street-oriented retail component alongside separately configured suites, creating a flexible two-building commercial arrangement.
Key Highlights
- 4,094 square feet of building area on a 5,840‑square‑foot parcel
- Front building includes 1,920 square feet of retail space
- Two‑story rear building contains 2,174 square feet across 4 commercial suites
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$152,903
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
4.67%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$3,058,060
$3.1M
Cap Rate 7%
$2,184,329
$2.2M
Cap Rate 9%
$1,698,922
$1.7M
Market Conditions
NOI Build-Up for 4,094 SF
Vacancy — income lost from leasable area expected to sit empty during the year, subtracted from gross rent.
EGI (Effective Gross Income) — gross rent minus vacancy losses, the realistic income before paying operating costs.
OpEx (Operating Expenses) — recurring costs to operate the property (property tax, insurance, utilities, maintenance, management); excludes financing and capital improvements.
NOI (Net Operating Income) — income a property generates after operating costs but before financing and taxes.
Gross rent
$232.4K $56.76/SF
− Vacancy
−$13.9K −$3.41/SF
EGI
$218.4K $53.35/SF
− OpEx
−$65.5K −$16.01/SF
NOI
$152.9K $37.35/SF
Area
Glendale, CA
Vacancy
6.00%
Lease Rate
$56.76 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$3,058,060
Cap Rate 7%
$2,184,329
Cap Rate 9%
$1,698,922
Alternative Uses
Best Use
Retail
$2.18M
$1.91M – $2.55M
NOI $152,903 @ 7.0% cap · market cap 4.67%
Second Best
Office B
$1.15M
$1.01M – $1.34M
NOI $80,555 @ 7.0% cap · market cap 2.46%
Theoretical Best
Specialty Retail
$2.46M
$2.15M – $2.87M
NOI $172,356 @ 7.0% cap · market cap 5.26%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
19,532 VPD
Traffic count
Multi-tenant
Tenancy
Yes
Highway access
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
3,707
Businesses Nearby
Balanced
Demand for This Use
Explore this area
Business Placement
Demographics for 91205, CA
36,693
Population
14,424
Households
2.5
Avg Household Size
41
Median Age
39%
College-Educated
84%
High-School Grad
1.9 sq mi
ZIP Area
19,312
Density / Sq Mi
$59,005
Median Household Income
$42,393
Median Earnings
$1,890
Median Rent
$763,100
Median Home Value
Market
Vacancy Rate% for Office in West region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Storefront property - Two structures combine street-facing retail space with additional commercial suites.
Where is this storefront property located?
The property is located at 1134 E Colorado St Glendale, CA.
What is the asking price?
The asking price for this property is $3,275,000.
What are key features of this property?
This property features: 4,094 square feet of building area on a 5,840‑square‑foot parcel; Front building includes 1,920 square feet of retail space; Two‑story rear building contains 2,174 square feet across 4 commercial suites
