Rear-Loading Office/Warehouse
For Sale
Contact for pricing
6512 San Fernando Rd, Glendale, CA 91201
Vacant property with 12-ft ceiling height, rear ground-level roll-up door with alley access, and three bathrooms.
Property Size7,812 SF
Price / SF$448.03
Days on Market112
Property Features for 6512 San Fernando Rd
General Information
Standard status
Active
Size
7,812 SF
Property subtype
OFFICE
Warehouse & Industrial
Clear Height
12 ft
Drive-In Doors
1
Listing Agency:
Newmark - Los Angeles
(310) 201-2060
Listed By:
David Ghermezian · License #LI##01084422
(310) 801-8700
Source:
Moodyscre
Added: May 28
Changed: Sep 8
Last Checked: Sep 15 at 11:45AM
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 Newmark - Los Angeles
Investment Insights
Based on property information with market context.
This owner-user opportunity is being delivered vacant and is set up as an office/warehouse style building. The property includes three bathrooms, two of which are multi-stall. Ceiling height is 12 feet, supporting a range of office and light warehouse uses.
A ground level roll-up door is located at the rear of the property with alley access, providing direct loading/service capability. Commercial zoning allows for a variety of uses including office, warehouse, and retail.
The building’s combination of practical loading access, established restrooms, and ceiling height offers flexibility for an end user seeking an adaptable commercial space.
A ground level roll-up door is located at the rear of the property with alley access, providing direct loading/service capability. Commercial zoning allows for a variety of uses including office, warehouse, and retail.
The building’s combination of practical loading access, established restrooms, and ceiling height offers flexibility for an end user seeking an adaptable commercial space.
Key Highlights
- Vacant commercial property delivered vacant for owner‑user or tenant buildout
- 12‑ft ceiling height
- Rear ground‑level roll‑up door with alley access
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
$153,711
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
4.39%
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%
$3,074,220
$3.1M
Cap Rate 7%
$2,195,871
$2.2M
Cap Rate 9%
$1,707,900
$1.7M
Market Conditions
NOI Build-Up for 7,812 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
$257.8K $33.00/SF
− Vacancy
−$52.8K −$6.77/SF
EGI
$204.9K $26.24/SF
− OpEx
−$51.2K −$6.56/SF
NOI
$153.7K $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 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%
$3,074,220
Cap Rate 7%
$2,195,871
Cap Rate 9%
$1,707,900
Alternative Uses
Best Use
Office B
$2.20M
$1.92M – $2.56M
NOI $153,711 @ 7.0% cap · market cap 4.39%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$4.70M
$4.11M – $5.48M
NOI $328,883 @ 7.0% cap · market cap 9.40%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Current Use
Lease Details
12 ft
Clear height
1
Drive-in doors
Location Intelligence
Trade Area within ½ mile
2,383
Businesses Nearby
Explore this area
Business Placement
Demographics for 91201, CA
22,608
Population
8,570
Households
2.6
Avg Household Size
43
Median Age
34%
College-Educated
86%
High-School Grad
2.4 sq mi
ZIP Area
9,420
Density / Sq Mi
$74,980
Median Household Income
$44,444
Median Earnings
$2,034
Median Rent
$1,060,500
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Office in West region
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Frequently Asked Questions
What type of property is this?
Office building - Vacant property with 12-ft ceiling height, rear ground-level roll-up door with alley access, and three bathrooms.
Where is this office building located?
The property is located at 6512 San Fernando Rd Glendale, CA.
What is the asking price?
The asking price for this property is $3,500,000.
What are key features of this property?
This property features: Vacant commercial property delivered vacant for owner‑user or tenant buildout; 12‑ft ceiling height; Rear ground‑level roll‑up door with alley access
