1101 North Pacific Avenue, Glendale, CA

Property Type Office - Medical Office
Property Size 26,841 SF
Lot Size 0.55 Acre
Parking Spaces Avail. 13
Parking Ratio 0.50/ 1,000 SF
Property Tenancy Multi-Tenant
Building Class B
Year Built 1990

Location

Map
Street

City Glendale, CA
Neighborhood Glenwood
Zip Code 91202
Market Los Angeles

Contacts

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Owner

True Owner

Tenants

Suite Name	Tenant	Leased Space	Rent Price	Lease Type	Space Type	Lease Term
370 17th Street #5500	MERRILL, (303) 446-5500	23,824 SF	$23/SF/YR	Modified Gross	General Office	11/01/2014- N/A
370 17th Street #6000	Morrison & Foerster, (303) 592-1500	10,710 SF	$26/SF/YR	Full Service	General Office	08/01/2013- 07/31/2023

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Documents

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Sales

Purchase Date 30 Sep, 1994
Purchase Price
Arm's Length True
Buyer Name

Mortgages

Current Lender
Loan Amount
Loan Origination Date

Market Trends

Average Actual Rents in Glendale

Average rents use actual signed leases, aggregated for your specific search area and asset type with Yardi Market Insight. Be confident your price is competitive, with CommercialEdge.

Current Average Rent

Net Rent

$44.3/SF/YR

Recoverables Show detailsHide details

$16.7/SF/YR

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Occupancy & Leasing Activity

Occupancy

83.5%

Lease Spread

-20.5%

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Asking Rents in Glendale Office Market

Office rental rates are based on aggregated data of asking rates.

2020 Avg. Asking Rent $38.66
2020 Office Vacancy Rate 11.72%
2020 Office Completions (SF) 39,067

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Tax

Property Tax in 2021-2022 $43,053
Market Value* $3,957,093
Assessed Value $3,957,093

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*The displayed market value represents the assessed value determined by the appropriate local tax/financial authority. It is not the property’s latest sale price or a current market value based on recent area sales.

Frequently Asked Questions

What is the total square footage of 1101 North Pacific Avenue?

1101 North Pacific Avenue totals 26,841 square feet.

When was this property built?

1101 North Pacific Avenue was built in 1990.

When was 1101 North Pacific Avenue last sold?

1101 North Pacific Avenue was last sold on 30 Sep, 1994.

What is the property tax for 1101 North Pacific Avenue?

The property tax for 1101 North Pacific Avenue in 2021-2022 was $43,053.

What is the market value for 1101 North Pacific Avenue?

The market value* for 1101 North Pacific Avenue in 2021-2022 was $3,957,093.
*This represents the market value determined by the appropriate local tax/financial authority, and not the latest sale price or current market value based on recent sales.

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