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3119-3121 Glendale Blvd

1,565 SF 32% Leased Retail Building Los Angeles, CA 90039 $2,668,892 CAD ($1,705 CAD/SF) 5.37% Cap Rate

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Investment Highlights

NNN Investment Sale Leaseback (5.37 CAP in place) or Owner User Opportunity
Seller is willing to sell to an Owner-user.
On-site and street parking for customers and employees.

Seller has operated their Dental Practice at this location for 20+ years and are willing to Leaseback, terms negotiable.
Sweet Secret Los Angeles has a lease until March 31st, 2027, plus a five (5) year option to renew.
High-visibility Signage Opportunity on Glendale Blvd.

Executive Summary

TWO-UNIT RETAIL BUILDING FOR SALE IN ATWATER VILLAGE
- Sale Leaseback to begin at the close of escrow: 5.37 CAP Triple Net!
- Exceptional location in the heart of Atwater Village’s highly sought after Glendale Blvd.
- Just steps from the weekly Atwater Village Farmers’ Market
- Easy access to the 5, 2, 134, and 110 Freeways
- Near the Los Angeles River and Griffith Park
- Surrounded by a vibrant mix of local businesses, eateries and cultural attractions
- Atwater Village attracts a diverse and affluent clientele, ideal for retail and commercial ventures

3119 Glendale Blvd, Los Angeles (Brochure)

Financial Summary (Actual - 2023)	Annual (CAD)	Annual Per SF (CAD)
Gross Rental Income	-	-
Other Income	-	-
Vacancy Loss	-	-
Effective Gross Income	-	-
Net Operating Income	$143,277	$91.55

Financial Summary (Actual - 2023)

Gross Rental Income (CAD)
Annual	-
Annual Per SF	-

Other Income (CAD)
Annual	-
Annual Per SF	-

Vacancy Loss (CAD)
Annual	-
Annual Per SF	-

Effective Gross Income (CAD)
Annual	-
Annual Per SF	-

Net Operating Income (CAD)
Annual	$143,277
Annual Per SF	$91.55

Property Facts

Sale Type

Investment or Owner User

Property Type

Retail

Property Subtype

Storefront Retail/Office

Building Size

1,565 SF

Building Class

Year Built

1947

Price

$2,668,892 CAD

Price Per SF

$1,705 CAD

Cap Rate

5.37%

NOI

$143,320 CAD

Percent Leased

32%

Tenancy

Multiple

Building Height

2 Stories

Building FAR

0.60

Land Acres

0.06 AC

Zoning

C4-1XL-RIO-POD

Parking

4 Spaces (2.56 Spaces per 1,000 SF Leased)

Frontage

31 ft on Glendale Blvd

MAJOR TENANTS

General Dentist
Health Care and Social Assistance
1,065 SF
$7.91 CAD
Net
Jul 2029

Sweet Secret
Retailer
500 SF
$7.02 CAD
Net
Mar 2027

Tenant	Industry	SF OCCUPIED	RENT/SF	Lease Type	Lease End
General Dentist	Health Care and Social Assistance	1,065 SF	$7.91 CAD	Net	Jul 2029
Sweet Secret	Retailer	500 SF	$7.02 CAD	Net	Mar 2027