Property Detail

Description

This is an outstanding opportunity to acquire a mixed-use property that consists of four (4) separate buildings in the heart of the Glendale foothills. Enterprise Rent-A-Car occupies a retail building that is approximately 2,216 square feet. It has a NNN lease and is in the middle of a three-year option that expires December 31, 2007. It has an additional three-year option, and the rent for the option will be at fair market value. Campbell's Automotive Repair Service occupies an automotive building that is approximately 2,209 square feet and has four (4) bays. It has a modified gross lease and is in the middle of a two-year lease that expires October 1, 2026. It has an option for two additional years that expires October 1, 2028. There are two single-family homes on the property that are leased for one year commencing October 1, 2025. Each home is approximately 750 square feet and has dedicated parking spaces.