Shopping Strip
1600 E Chevy Chase Dr
1600 E Chevy Chase Dr, Glendale, CA 91206
Listing Price: $1,600,000
Investment Overview
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 tenant currently pays $4,425.00 per month ($9.12/SF) on a modified gross lease through June 1, 2028, with 5% annual increases each June.
The offering presents an ideal medical owner-user or value-add investment opportunity. A buyer can immediately occupy the vacant medical suite while offsetting operating expenses through in-place income or lease the space at market rates to a medical or retail tenant. The property’s location directly across from Adventist Health Glendale Hospital and medical campus creates intrinsic demand from healthcare users seeking proximity to hospital infrastructure, patient flow, and complementary services.
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.
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 asset is offered free and clear of existing debt, and seller financing is available for qualified buyers. Contact the listing agent to discuss.
1600 E Chevy Chase Dr
Investment Highlights
- Direct proximity to a major regional hospital and medical campus, driving consistent patient and employee traffic.
- Positioned at Chevy Chase Drive and E Glenoaks Boulevard with strong visibility and accessibility.
- Located within 0.5 miles of both the 2 Freeway and 134 Freeway, providing immediate regional access.
- Multiple points of ingress/egress along Chevy Chase Dr & E Glenoaks Blvd to provide ease of access to six (6) surface parking spaces (4.43 per 1,000 SF) with the ability to restripe to improve layout and circulation.
Exclusively Listed By
Financing By
Listing Price: $1,600,000
Investment Highlights
- Direct proximity to a major regional hospital and medical campus, driving consistent patient and employee traffic.
- Positioned at Chevy Chase Drive and E Glenoaks Boulevard with strong visibility and accessibility.
- Located within 0.5 miles of both the 2 Freeway and 134 Freeway, providing immediate regional access.
- Multiple points of ingress/egress along Chevy Chase Dr & E Glenoaks Blvd to provide ease of access to six (6) surface parking spaces (4.43 per 1,000 SF) with the ability to restripe to improve layout and circulation.
Investment Overview
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 tenant currently pays $4,425.00 per month ($9.12/SF) on a modified gross lease through June 1, 2028, with 5% annual increases each June. The offering presents an ideal medical owner-user or value-add investment opportunity. A buyer can immediately occupy the vacant medical suite while offsetting operating expenses through in-place income or lease the space at market rates to a medical or retail tenant. The property’s location directly across from Adventist Health Glendale Hospital and medical campus creates intrinsic demand from healthcare users seeking proximity to hospital infrastructure, patient flow, and complementary services. 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. 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 asset is offered free and clear of existing debt, and seller financing is available for qualified buyers. Contact the listing agent to discuss.
Exclusively Listed By
Financing By
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