4000 Foothill Blvd - Bank FOR SALE


La Crescenta, CA 91214
$7,193,419 USD
818-259-0476
4000 Foothill Blvd, La Crescenta, CA for Sale
$7,193,419 USD
Bank - FOR SALE
1/4
null | Request Cap Rate

4000 Foothill Blvd
La Crescenta, CA 91214


HIGHLIGHTS

  • Wells Fargo Bank has occupied the branch since 2006 and has approximately six (6) years of lease term remaining.
  • Wells Fargo subleased part of the building to Verizon Wireless.
  • The Tenant pays for CAM, taxes, insurance, and maintains most aspects of the property.
  • The property is situated at the signalized intersection of Foothill Boulevard and Lowell Avenue in Glendale, CA.
  • Wells Fargo Bank is adjacent to a dominant grocery store, Albertsons, and across the street from in-N-Out.
  • Glendale is experiencing ongoing economic growth and development, w/new residential and commercial projects continually enhancing the area’s appeal.

OVERVIEW

Long-Term Single-Tenant NNN Wells Fargo Branch with Strong Intrinsic Value

FOR SALE DETAILS

PRICE

$7,193,419 USD

PRICE/SF

$1,053 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Wells Fargo Bank

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Bank

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1996

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.54 AC

LAND SF

23,522 SF

ZONING

C3

APN/PARCEL ID

2572-001-017

ASK ABOUT THIS PROPERTY

Patrick WadeCBRE, Inc.More Info
818-259-0476

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Patrick WadeCBRE, Inc.More Info
818-259-0476

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.