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1121-1123 E Colorado Street
Glendale, CA 91205

Price: $2,475,000 Zoning: CM, Glendale
Bldg SF: 5,609 SF Price/SF: $441
Land SF: 9,407 SF
Click to View Offering MemorandumClick to Print Offering Memorandum

Exclusively Listed by:
Brandon Michaels
(818) 212-2794
bmichaels@marcusmillichap.com
License # 01434685


Matthew Luchs
(818) 212-2727
matthew.luchs@marcusmillichap.com
License # 01948233


Andrew Leff
(818) 212-2815
Andrew.Leff@marcusmillichap.com
License # 01865688

Price: $2,475,000
Bldg SF: 5,609 SF
Land SF: 9,470 SF
Price/SF: $441
Click to View Offering MemorandumClick to Print Offering Memorandum

Exclusively Listed by:
Brandon Michaels
(818) 212-2794
bmichaels@marcusmillichap.com
License # 01434685


Matthew Luchs
(818) 212-2727
matthew.luchs@marcusmillichap.com
License # 01948233


Andrew Leff
(818) 212-2815
Andrew.Leff@marcusmillichap.com
License # 01865688

Investment Highlights

A prime Southern California mixed-use retail and automotive property

  • Three freestanding buildings on two parcels totaling 5,609 square feet of building on 9,470 square feet of land providing excellent flexibility
  • 1121 East Colorado Street is a vacant 2,600 square foot retail building on 4,788 square feet of land
  • 1123-1125 East Colorado Street is comprised of two fully leased freestanding buildings on 4,705 square feet of land, 1,450 square feet of which is a garage for automotive use
  • The subject property features a combined total of 75 feet of frontage along Colorado Street, which sees average daily traffic counts of 27,365 vehicles per day

 

Strong location just one mile from popular Downtown Glendale

  • The property is located one mile from Downtown Glendale, which is home to two major retail centers; The Americana At Brand, and the Glendale Galleria
  • The Americana at Brand is home to eighty-two retail stores, and 242 residential units
  • The Glendale Galleria is comprised of 1.6 million square feet of retail space, and is the fourth largest mall in Los Angeles County
  • The Americana at Brand and Glendale Galleria receive significant attention and act as a premiere tourist attraction, drawing visitors to the city

 

Dense immediate demographics

  • There are 60,582 people located within one mile of the property
  • There are 240,187 people located within three miles of the property
  • There are 87,637 households located within three miles of the property
  • Average household income is $101,772 within three miles of the property