2.70 Acres | Income-Producing & Redevelopment Opportunity | National Tenant Anchored

Investment Overview

Exceptional 2.70-acre (117,667 SF) offering along high-traffic Glenwood Avenue, combining stable income with strong redevelopment upside. Parcel A (6429 Glenwood Ave) sits on 0.986 acres and is offered at $3,500,000, featuring two national tenants: Sherwin-Williams and Godfather’s Pizza, on NNN leases generating $234,026 NOI at a 6.16% cap rate, with one lease recently executed and the other secured through 2029 with renewal options. Parcel B (6425 Glenwood Ave) sits on 1.726 acres and is priced at $2,500,000, offering significant redevelopment potential with a clear-span structure ideal for adaptive reuse including retail, restaurant, brewery, furniture showroom, or flex/industrial space with 5 bays. The property also includes a pad-ready site between the parcels for a future 5,000 SF development, along with a rear easement that enhances access and long-term value. Survey Recombination is completed, and parcels may be purchased individually or together, creating a rare opportunity for both immediate income and substantial upside.

Investment Highlights

• 2.70-acre dual-parcel opportunity with flexible purchase options - individual or combined
• Parcel A generates strong income with two national NNN tenants producing $234,026 NOI at a 6.16% cap rate, secured through 2029+
• Parcel B offers redevelopment upside with a 1.726-acre clear-span building ideal for adaptive reuse (retail, restaurant, brewery, flex/industrial)
• Pad-ready site included between parcels for a future 5,000 SF development
• Completed survey recombination with rear easement access, enhancing access and long-term value