Asking Price Contact for pricing
NOI Net Operating Income N/A
Cap Rate N/A
Asking Price Contact for pricing
NOI Net Operating Income N/A
Cap Rate N/A

Documents

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Create an account on the Investor Center to save your search and investment preferences, save and share opportunities, access exclusive documents, and more. More questions? Visit our FAQ. You'll need to sign a Confidentiality Agreement (CA) to access exclusive documents in the Deal Room. Signing the CA means you agree not to divulge or release sensitive information related to this property. More questions? Visit our FAQ.

Attributes

Year Built 1998
Building Area
Land Area ()
Number of units 153834

Property Description

JLL, as an exclusive advisor, is pleased to present the opportunity to acquire Glendale Marketplace (the “Property”), a 154,049 SF urban retail center located in the heart of Downtown Glendale, CA at the intersection of S. Brand Boulevard and E Harvard Street. The Property’s 94.8% occupancy provides potential investors strong in-place cash flow and security with a WALT of 6.5 years. Glendale Marketplace offers an internet-resistant mix of uses including fitness, home furnishings, restaurants, and discount stores. The Property is located in the most infill location of Glendale with a population of over 595,037 and average household incomes over $99,880 within a 5-mile radius.

Investment Highlights

  • STRONG NATIONAL AND CREDIT TENANTS WITH SIGNIFICANT LEASE TERM
  • EXTREME INFILL, URBAN LOS ANGELES MSA
  • INCOME SECURITY
  • AMPLE PARKING - ADJACENT TO CITY PUBLIC PARKING GARAGE
  • RAPIDLY EXPANDING TRADE AREA
  • ADJACENT TO THE DOMINANT SHOPPING NODE IN THE TRI-CITIES AREA
  • LA FITNESS EXPANSION DEMONSTRATES TENANT COMMITMENT
  • OPPORTUNITY TO REPOSITION THE ALLEY TO A FOOD/MEDICAL DESTINATION
Last Updated Date: 16 Jul 2021
Gleb Lvovich
Gleb Lvovich
Managing Director, Capital Markets
License details
CA-01496699
Bryan Ley
Bryan Ley
Managing Director, Capital Markets
License details
CA-01458927

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Last Updated Date: 16 Jul 2021

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