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Glendale Marketplace

Off-Market

106 South Brand Blvd, Glendale, CA 91205

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  • Property Type Retail - Community Center
  • Property Size 158,527 SF
  • Lot Size 2.22 Acre
  • Property Tenancy Multi-Tenant
  • Year Built 1998

Location

  • City Glendale, CA
  • Neighborhood Glendale City Center
  • Zip Code 91205
  • Market Los Angeles

Contacts

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Owner

  • True Owner
  • Registered 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 03 Jan, 2022
  • Purchase Price
  • Arm's Length True
  • Buyer Name

Mortgages

  • Current Lender
  • 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
CAM
$3.54/SF/YR
Insurance
$0.59/SF/YR
Taxes
$9.52/SF/YR
Utilities
$1.76/SF/YR
Management Fees
$1.3/SF/YR
Total Rent
$61/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
View more Glendale market trends

Tax

  • Property Tax in 2021-2022 $618,518
  • Market Value* $56,849,157
  • Assessed Value $56,849,157

Find more tax info, including assessment history and abatements, on CommercialEdge

*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 Glendale Marketplace?

Glendale Marketplace totals 158,527 square feet.

When was this property built?

Glendale Marketplace was built in 1998.

When was Glendale Marketplace last sold?

Glendale Marketplace was last sold on 03 Jan, 2022.

What is the property tax for Glendale Marketplace?

The property tax for Glendale Marketplace in 2021-2022 was $618,518.

What is the market value for Glendale Marketplace?

The market value* for Glendale Marketplace in 2021-2022 was $56,849,157.
*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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