222 Eulalia StGlendale, CA 91204

Property Details for 222 Eulalia St

Year built

2002

Construction

STEEL FRAME

Lot size

1.01 AC

Property size (Sq ft)

55,991 SF

Zone code

GLC3

Property type

Healthcare properties

Property subtype

Medical offices

APN

5640-028-043

APU

5640028043

Description

This exceptional 3,237 square foot medical office suite, located within the Dignity Glendale Memorial Medical Pavilion at 222 W Eulalia St, Glendale, CA 91204, presents a unique investment opportunity. Situated in a three-story, Class A, 57,600 square foot medical building, this suite boasts a premier on-campus location, just steps from Glendale Memorial Hospital. The building features an excellent tenant mix, fostering strong cross-referral opportunities and a professionally managed environment. The available space, Suite 201 & 210, is ideally configured for medical practices, offering 12 exam rooms, two doctor's offices, a restroom, break room, lab area, administrative area, nurses' station, storage area, and a reception/waiting area. The lease rate is $3.95 per square foot, with a modified gross lease (MG) that includes in-suite janitorial services. Detailed floor plans and a virtual tour are available online. This property represents a rare chance to secure a highly desirable medical office space in a thriving Glendale location. The building's Class A status, prime location, and strong tenant mix make this an exceptional opportunity for medical professionals seeking a well-equipped and conveniently located practice space. Don't miss this chance to establish or expand your medical practice in a premier Glendale setting.

• CAP approach

  CAP return

  Valuation

  6%

  $18,249,208

  6.5%

  $16,845,422

  7%

  $15,642,178

• Comparable approach

  Method

  Valuation

  Relative Method

  $10,647,249

  Geo Method

  $10,647,249

• Alternative Use

  Use

  Valuation

  Residential

  $20,888,324

  Hospitality

  $19,133,592

  Educational

  $15,918,925

  Medical

  $16,466,401

  Retail

  $24,762,772

Location Insight

City

Glendale

County

Los Angeles

State

California

Latitude

34.1263

Longitude

-118.257

CBSA code

31080

CBSA name

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

Property Tax & Assessments

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