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Office Unit with Window Offices
For Sale
Contact for pricing

206 S Brand Boulevard, Glendale, CA 91204

The layout includes a reception area, kitchen, and separate men’s and women’s restrooms.

Property Size5,428 SF
Price / SF$2.75
Days on Market15

Property Features for 206 S Brand Boulevard

General Information

Standard status Active
Size 5,428 SF
Elevators Yes
Property subtype Office

Site & Location

Neighborhood Glendale Galleria
Road Access Yes
Utilities to Site Yes

Additional Details

Tenant in Place Yes
Property Use Office

Amenities

kitchen
reception
restrooms
views
Listing Agency: Lugo Brothers RE
Listed By: Bryant and Kenneth Lugo
Source: Lugobros
Added: Oct 16 Changed: Oct 28 Last Checked: Oct 28 at 1:41PM

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 Lugo Brothers RE

Rey
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Investment Insights

Based on property information with market context.

This 5,428-square-foot office unit has 18 window offices, a reception area, a kitchen, and men’s and women’s restrooms. Entry is through a lobby, with elevator service to the space.

The property is across from Americana at Brand, with its entrance on Brand Boulevard. Tenant responsibilities include separately metered utilities, janitorial service, and HVAC maintenance; the landlord handles the roof, bearing walls, foundation, and elevator.

Key Highlights

  • 5,428 square feet with 18 window offices
  • Lobby entrance and elevator access
  • Kitchen, reception area, and men’s and women’s restrooms

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$106,803
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,136,060 $2.1M
Cap Rate 7%
$1,525,757 $1.5M
Cap Rate 9%
$1,186,700 $1.2M
Market Conditions
NOI Build-Up for 5,428 SF
Gross rent
$179.1K $33.00/SF
− Vacancy
−$36.7K −$6.77/SF
EGI
$142.4K $26.24/SF
− OpEx
−$35.6K −$6.56/SF
NOI
$106.8K $19.68/SF
Area
Glendale, CA
Vacancy
20.50%
Lease Rate
$33.00 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,136,060
Cap Rate 7%
$1,525,757
Cap Rate 9%
$1,186,700

Alternative Uses

Best Use
Office B
$1.53M
$1.34M – $1.78M (±1% cap)
NOI $106,803 @ 7.0% cap · market cap 715.50%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$3.26M
$2.86M – $3.81M (±1% cap)
NOI $228,517 @ 7.0% cap · market cap 1,530.90%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

Current Use

Law Offices of Carl ... Law Firm Law Offices of Susan ... Law Firm

Suggested Use

Top Pick Restaurant (Bike/Boat/Book/etc) Store Pet Grooming Service Pet Store Grocery & Convenience Store Veterinary Clinic

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Yes
Paved road access
Yes
Utilities to site

Location Intelligence

Trade Area within ½ mile

7,344
Businesses Nearby

Demographics for 91204, CA

17,302
Population
7,095
Households
2.4
Avg Household Size
39
Median Age
36%
College-Educated
82%
High-School Grad
1.0 sq mi
ZIP Area
17,302
Density / Sq Mi
$72,906
Median Household Income
$41,556
Median Earnings
$1,924
Median Rent
$747,400
Median Home Value

Market

Vacancy Rate% for Office in West region

11% 2019
14.1% 2020
15.5% 2021
17.2% 2022
19.9% 2023
21% 2024
20.8% 2025

Frequently Asked Questions

What type of property is this?
Office unit - The layout includes a reception area, kitchen, and separate men’s and women’s restrooms.
Where is this office unit located?
The property is located at 206 S Brand Boulevard Glendale, CA.
What are key features of this property?
This property features: 5,428 square feet with 18 window offices; Lobby entrance and elevator access; Kitchen, reception area, and men’s and women’s restrooms
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Includes: Price & PSF · Cap rate · Location · Zoning

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