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1361 e COLORADO ST

PRICE

BUILDING SIZE

GLENDALE, CA 91205

$2,600,000

5,900 SF

LOT SIZE

16,181

PRICE/SF (BLDG)

PRICE/SF (LAND)

PARKING

$441

$161

6 Spaces

The Brandon Michaels Group of Marcus & Millichap, as Exclusive Advisor, is pleased to present 1361 E Colorado Street (the "Property"), a 5,900 SF multitenant storefront retail and commercial asset situated on an 8,995 SF parcel along Colorado Street in Glendale, California, one of the most supply-constrained and affluent infill retail submarkets in the greater Los Angeles region.

The asset is positioned along Colorado Street, a primary east-west commercial corridor connecting Glendale’s downtown core to the broader Pasadena and Eagle Rock trade areas, with traffic counts exceeding 19,218 vehicles per day. The property sits adjacent to Glendale High School, one of the largest high schools in the region, providing consistent daily foot traffic and a natural consumer base for neighborhood retail and service-oriented uses.

Glendale is one of the most fundamentally sound retail investment environments in Los Angeles County, characterized by a dense, affluent, and diverse residential population, limited new retail supply, and consistently strong leasing demand from a broad range of retail, food and beverage, medical, and service-oriented users. 

In-place rents at 1361 E Colorado average $1.22/SF modified gross, materially below market rents executing along this corridor today. 78% of the building is occupied on a month-to-month basis, and the remaining tenant’s lease expires in April of 2027, giving a new owner the ability to mark the entire building to market in the near term. 

BRANDON MICHAELS
(818) 212-2794
bmichaels@marcusmillichap.com
License # 01434685

Tel: (818) 212-2794

Fax: (818) 212-2710

16830 Ventura Blvd, Suite 100
Encino, CA 91436

© & TM 2024 Brandon Michaels Group | DNC Artistry

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