500 Brand BlvdGlendale, CA 91203

Property Details for 500 Brand Blvd

Year built

1990

Construction

STEEL FRAME

Lot size

2.10 AC

Property size (Sq ft)

443,754 SF

Zone code

GLC2*

Property type

Office properties

Property subtype

Office buildings

APN

5643-004-048

APU

5643004048

Description

This exceptional shared sublease opportunity presents a prime location for law firms seeking flexible office space in the heart of Glendale, California. Situated on the 9th floor of the prestigious 500 N Brand Blvd building, this traditional office space offers a range of sizes, accommodating approximately 150 to 3,019 rentable square feet (RSF). The adaptable layout allows for customization to suit various firm sizes and operational needs. The building's address is 500 N Brand Blvd, Glendale, CA 91203, within Los Angeles County. The specific rental rate and lease term are negotiable, providing flexibility to match individual requirements. This is a multi-tenant building, offering a collaborative and professional environment. The property is conveniently located in Glendale, offering easy access to major transportation routes and amenities. This shared sublease presents a cost-effective and efficient solution for law firms seeking a prestigious address and flexible workspace in a thriving business district. Serious inquiries are encouraged to discuss specific space requirements and lease terms. The available space is categorized as a traditional office setting.

• CAP approach

  CAP return

  Valuation

  6%

  $144,633,232

  6.5%

  $133,507,600

  7%

  $123,971,336

• Comparable approach

  Method

  Valuation

  Relative Method

  $84,384,264

  Geo Method

  $84,384,264

• Alternative Use

  Use

  Valuation

  Residential

  $165,549,424

  Hospitality

  $151,642,384

  Educational

  $126,164,680

  Medical

  $130,503,672

  Retail

  $196,256,160

Location Insight

City

Glendale

County

Los Angeles

State

California

Latitude

34.1535

Longitude

-118.254

CBSA code

31080

CBSA name

LOS ANGELES-LONG BEACH-ANAHEIM, CA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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