Glendale Medical Office
5846 San Fernando Rd Glendale, CA 91202
For Sale
$1,850,000
Freestanding medical office building with long-term NNN lease.
Property Size1,587 SF
Lot Size0.12 Acres
Price / SF$1,165
Days on Market140
Property Features for 5846 San Fernando Rd
General Information
- Standard status
- Active
- Size
- 1,587 SF
- Lot size
- 0.12 Acres
- Property subtype
- Commercial
Building Details
- Year Built
- 1939
Listing Agency:
Dunaway Real Estate Group
(818) 445-7206
Listed By:
Kaiulani Camuso · License #02190135
Source:
Elliman
Added: Mar 10
Changed: Jul 6
Last Checked: Jul 26 at 12:31PM
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 Dunaway Real Estate Group
Investment Insights
Based on property information with market context.
The property at 5846 San Fernando Road in Glendale, CA, is a freestanding medical office building currently occupied by a veterinary tenant. The building offers 1,587 square feet of space on a 5,062-square-foot lot. The tenant has a 10-year absolute NNN lease, which commenced on October 1, 2024, with annual rent increases of 3%. The property generates an annual rental income of $92,328, with a cap rate of 4.99%. The property is located in a high-demand Glendale location, close to major freeways, residential communities, and business amenities. This property is suitable for investors seeking a passive, income-producing asset.
Key Highlights
- Absolute NNN lease provides passive income with zero landlord responsibilities.
- 10‑year lease commencing October 1, 2024, ensures long‑term stable income.
- Annual rent increases of 3% provide increasing returns.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Angelus Pet Hospital
Veterinary Clinic
FAQs
What type of property is this?
Medical center - Freestanding medical office building with long-term NNN lease.
Where is this medical center located?
The property is located at 5846 San Fernando Rd Glendale, CA.
What is the asking price?
The asking price for this property is $1,850,000.
What are key features of this property?
This property features: Absolute NNN lease provides passive income with zero landlord responsibilities.; 10‑year lease commencing October 1, 2024, ensures long‑term stable income.; Annual rent increases of 3% provide increasing returns.
