1600 E CHEVY CHASE DR
PRICE
BUILDING SIZE
GLENDALE, CA 91206
$1,800,000
1,354 SF
LOT SIZE
6,600 SF
PRICE/SF (BLDG)
PRICE/SF (LAND)
CAP RATE
$1,329
$273
1.44%
The Brandon Michaels Group of Marcus & Millichap, as Exclusive Advisor, is pleased to present 1600 E Chevy Chase Drive, a 1,354 SF two-unit medical office and retail asset situated on 0.15 acres (6,600 SF) of land on the signalized corner of Chevy Chase Drive and E Glenoaks Boulevard in Glendale, California.
1600 E Chevy Chase Drive will be delivered with one 869 SF vacancy, formerly occupied by a chiropractic office, with the remaining 485 SF unit leased to Chick Next Door, a high-performing quick-service food operator. Chick Next Door has been optimized for high-volume sales through a walk-up window format and benefits from covered and outdoor seating, serving both the surrounding residential neighborhood and nearby professional and medical users.
The site offers multiple points of ingress and egress along both Chevy Chase Drive and E Glenoaks Boulevard. The property includes approximately six (6) surface parking spaces, equating to a parking ratio of 4.43 spaces per 1,000 SF, with the ability to restripe for improved circulation and efficiency.
The property is strategically positioned at a signalized corner of Chevy Chase Dr & E Glenoaks Blvd with traffic counts exceeding 15,000 vehicles per day and benefits from convenient access to both the 2 Freeway (Glendale Freeway) and the 134 Freeway, each within 0.5 miles.