820-830 Thompson Ave - Manufacturing FOR SALE


Glendale, CA 91201- Grand Central
$18,500,000 USD
310-403-8544
820-830 Thompson Ave, Glendale, CA for Sale
$18,500,000 USD
Manufacturing - FOR SALE
1/6
null | 5.52% Cap Rate

820-830 Thompson Ave
Glendale, CA 91201
Grand Central


HIGHLIGHTS

  • VALUE-ADD OPPORTUNITY
  • FLEXIBLE SUITE SIZES
  • STABLE, DIVERSE INCOME
  • EFFICIENT INDUSTRIAL PARK

OVERVIEW

820 Thompson Avenue is a high-quality, small-bay industrial investment opportunity located in the highly desirable Tri-Cities submarket of Glendale, Burbank, and Pasadena. The 46,395-square-foot property is currently 96% leased to 39 tenants, providing investors with stable in-place cash flow supported by a diversified tenant base and a long history of strong occupancy in one of Southern California’s most supply-constrained industrial markets. The asset is comprised of functional small-bay industrial suites ranging from approximately 930 to 2,950 square feet, a configuration that aligns closely with strong market demand from light industrial, service, and distribution users. Each unit includes at least one ground-level loading door, and the property offers ample on-site parking with 83 total spaces, further enhancing tenant usability and retention. These flexible suite sizes support long-term leasing stability and present opportunities for continued rental growth. Strategically positioned in a premier infill location adjacent to major media and entertainment employers including Disney and DreamWorks, the property benefits from strong tenant demand and a high-barrier-to-entry environment. With no competing industrial developments currently under construction in the immediate trade area, 820 Thompson Avenue stands out as one of the most attractive small-bay industrial assets in the submarket. The property also offers exceptional regional connectivity, with convenient access to Interstates 5, 134, and 101, providing efficient connections throughout Los Angeles. In addition, tenants benefit from close proximity to a wide range of retail and service amenities, enhancing day-to-day operations and supporting long-term tenant retention. Collectively, these factors position 820 Thompson Avenue as a stable, income-producing asset with strong long-term fundamentals in one of Southern California’s most desirable infill industrial markets.

FOR SALE DETAILS

PRICE

$18,500,000 USD

PRICE/SF

$399 USD /SF

CAP RATE

5.52%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Industrial

PROPERTY SUBTYPE

Manufacturing

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1985

UTILITIES

-

CLEAR CEILING HT

12 Ft

DOCKS

-

DRIVE INS

41

PARKING SPACES

83

LAND DETAILS

LAND ACRES

1.96

LAND SF

85,378

ZONING

-

APN/PARCEL ID

5624-025-009

ASK ABOUT THIS PROPERTY

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310-403-8544

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Kelly BetpoliceKidder MathewsMore Info
310-403-8544

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