Glendale Commercial Condominiums For
400-610 W Broadway, Glendale, CA 91205
Commercial condominiums for sale in Glendale, shell condition, customizable spaces.
Property size:
22,000 SFPrice / SF:
$439/SF- Added:
- Feb 18, 2026
- Days on Market:
- 99
- Last Refresh:
- May 20 at 9:18 pm
Property Features for 400-610 W Broadway
General Information
- Standard status
- Active
- Size
- 22,000 SF
Listing agent Arthur Ambarchyan License #DRE #01351863 (818) 230-3228
Listing office Keller Williams R. E. Services (818) 230-3228
Listing date Feb 18, 2026
Source Exprealty
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 Keller Williams R. E. Services
HighLights
- Opportunity to own commercial space and build long‑term equity.
- Suites available from 618 SF up to 22,000 SF; acquire contiguous space or the entire building.
- Delivered in newly constructed shell condition, a blank canvas for customized spaces.
- Professionally coordinated design and build program to support development phases.
- Institutional‑quality parking program with approximately 4 spaces per 1,000 SF, featuring dedicated reserved owner parking.
- SBA financing options available for acquisition and buildout.
Overview
Commercial condominiums are available for sale at 610 W Broadway in Glendale. Suites range from approximately 618 SF up to 22,000 SF, offering the opportunity to acquire contiguous space or control the entire building. The project is delivered in newly constructed shell condition, providing a customizable space for medical, retail, or professional environments. Two combined spec medical suites are currently being constructed. A design and build program is in place to support purchasers through every phase of development. Architects are available to collaborate directly with buyers to design layouts tailored to their operational needs. The team will guide owners through the City of Glendale entitlement and permitting process and can coordinate construction partners to deliver move-in-ready spaces. The parking program delivers approximately 4 spaces per 1,000 SF, featuring dedicated reserved owner parking complemented by visitor and patient capacity. Constructed to meet current seismic and ADA standards, the property offers predictable occupancy costs and potential tax advantages. Positioned along a highly visible Glendale corridor, the project offers SBA financing options for acquisition and buildout, presenting an opportunity for owner-users, medical groups, professional firms, and investors.
Financial Insights
Value Estimation Calculated for Retail
Conservative
$9.13M
NOI $821,658 @ 9.00% cap · cautious / downside scenario
Moderate
$11.74M
NOI $821,658 @ 7.00% cap · market / base-case scenario
Aggressive
$16.43M
NOI $821,658 @ 5.00% cap · optimistic / upside scenario
NOI & Cap Rate Calculator
NOI Build-Up
- 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.
Calculated for Retail
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $1.25M | $56.76 |
| − Vacancy | −$74.9k | −$3.41 |
| EGI | $1.17M | $53.35 |
| − OpEx | −$352.1k | −$16.01 |
| NOI | $821.7k | $37.35 |
22,000 SF · lease $56.76/SF/yr · vacancy 6.00% · expense 30.00%
Alternative Use Scenarios
Best Use
Retail
$11.74M
$10.27M – $13.69M
NOI $821,658 @ 7.0% cap · market cap 8.49%
Second Best
Office B
$6.18M
$5.41M – $7.21M
NOI $432,878 @ 7.0% cap · market cap 4.47%
Theoretical Best
Specialty Retail
$13.23M
$11.58M – $15.44M
NOI $926,195 @ 7.0% cap · market cap 9.57%
Zoning and permitted uses should be independently verified with local authorities.
Location Intelligence
Current Use by Public Records
Office Units
Location Insight
- Map
- Local Demand
- City
- Glendale
- County
- Los Angeles
- State
- California
- Longitude
- -118.250719
- Latitude
- 34.14595
Nearby Similar for Sale
FAQs
What type of property is this?
Office units - Commercial condominiums for sale in Glendale, shell condition, customizable spaces.
Where is this office units located?
The property is located at 400-610 W Broadway Glendale, CA.
What is the asking price?
The asking price for this property is $9,678,000.
What are key features of this property?
This property features: Opportunity to own commercial space and build long‑term equity.; Suites available from 618 SF up to 22,000 SF; acquire contiguous space or the entire building.; Delivered in newly constructed shell condition, a blank canvas for customized spaces.
