Listing Detail

IAG

1428 E Colorado St., Glendale, CA 91205

1428 E Colorado St700W.jpg

Great 6-unit commercial retail center located in the highly desirable Glendale market. Just off the Glendale Hwy. 2 and South of Hwy. 134. For sale AFTER 20 years! The center has excellent accessibility close to the signalized intersection of Verdugo Rd. and Colorado St with high traffic counts. Zoning per title is GLCM. Currently, all six units are occupied but tenant in Unit D (Dominos Pizza) is on notice and scheduled to move out on Nov. 30th, 2021. Unit D will be delivered vacant while all the rest will be delivered with current tenants in place at close of escrow. Great current income with upside potential, and low expenses. Sold "As Is" and "Where Is". Buyer to conduct their own due diligence.

*********Email queries/offers to SALES@IAGPM.COM.*********. Sold AS IS and WHERE IS. Buyer to conduct their own investigations. Drive by. Please do not disturb tenants.

Property Highlights
Street 1428 E Colorado St.
City Glendale
State CA
Zip 91205
Status Sold
Property Type Commercial
Asking Price $3,495,000
Sold Price $3,475,000
Year Built 1979
Building Sq Ft 7,048
Number of units 6
CAP Rate 4.34
GRM 14.14
Broker Name Vinny Jain
Telephone (310) 207-2288
Email sales@ingeniousassetgroup.com
Brochure file Download 1428 E Colorado St_Property Analyses.pdf
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