701 Brand BlvdGlendale, CA 91203
- Office properties
- 138,434 SF
Property Details for 701 Brand Blvd
- Year built
- 1979
- Construction
- STEEL FRAME
- Lot size
- 1.12 AC
- Property size (Sq ft)
- 138,434 SF
- Zone code
- GLC3*
- Property type
- Office properties
- Property subtype
- Office buildings
- APN
- 5644-003-078
- APU
- 5644003078
Description
701 N. Brand Boulevard offers exceptional office space in the heart of Glendale. This eight-story building, totaling 133,748 square feet, provides multiple tenancy options with a minimum divisible space of 1,788 square feet and currently has 13,417 square feet vacant. Two spaces are immediately available, ranging from 1,788 to 4,759 square feet, perfect for businesses seeking flexible and adaptable work environments. The building boasts ample free parking for tenants and visitors, conveniently accessible from North Central Avenue, Arden Avenue, and North Brand Boulevard. Its prime location within the Glendale District offers easy access to a wealth of amenities and restaurants, enhancing the convenience and appeal for employees and clients alike. The building is currently owned by the California Credit Union, reflecting a stable and reputable ownership. This property presents a unique opportunity to establish a presence in a thriving Glendale business district, benefiting from a strategic location and abundant parking. The building's size and layout offer versatility, catering to a range of business needs and sizes. Consider this exceptional Glendale office space for your next business venture.
Valuation
by Paperhouses methods
- Valuation date:
- Dec 11, 2024
-
CAP approach
- CAP return
- Valuation
- 6%
- $45,119,944
- 6.5%
- $41,649,180
- 7%
- $38,674,240
-
Comparable approach
- Method
- Valuation
- Relative Method
- $26,324,610
- Geo Method
- $26,324,610
-
Alternative Use
- Use
- Valuation
- Residential
- $51,644,984
- Hospitality
- $47,306,528
- Educational
- $39,358,476
- Medical
- $40,712,076
- Retail
- $61,224,296
Location Insight
- City
- Glendale
- County
- Los Angeles
- State
- California
- Latitude
- 34.1572
- Longitude
- -118.256
- CBSA code
- 31080
- CBSA name
- LOS ANGELES-LONG BEACH-ANAHEIM, CA METROPOLITAN STATISTICAL AREA
Property Tax & Assessments
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
FAQs
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