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71 16 Myrtle Avenue

Updated Aug 5, 2025

Asset CRG Advisors Leases Retail Space At 71-16 Myrtle Avenue In Glendale For $60 Per Foot
LEASEDRetail

Asset CRG Advisors Leases Retail Space At 71-16 Myrtle Avenue In Glendale For $60 Per Foot

71 16 Myrtle Avenue

Building Size

1,000 SF

Asset Type

Retail

Closing

Jun 30, 2025

About this deal

AI

The leased asset is a retail space located at 71-16 Myrtle Avenue in the Glendale market. The property encompasses a total square footage of 1,000 and is offered under a single net lease with an asking rent of $60 per square foot.

Summary of transaction details:

Asset CRG Advisors has adopted this new location as their flagship office, intended to serve as a hub for their commercial real estate operations. The movement underscores their expansion and commitment to the neighborhoods they serve.

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Players

Mark Akilov

Asset CRG Advisors

Broker

$19M

vol

13 deals

Broker
Sadya Liberow
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Sadya Liberow

Asset CRG Advisors

Broker

$148.5M

vol

35 deals

Broker
Asset CRG Advisors
Asset CRG AdvisorsBrokerage
Asset CRG Advisors
Asset CRG AdvisorsTenant
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Glendale Retail Market Snapshot

Boundary boundary · Retail · Lease transactions

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Deal FAQ

About $60 per square foot for 1,000 square feet (2025).

Visit Ilya Mirzakandov to view all their deals.

Browse Glendale retail leases on Traded.

Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

264383.33%

Cash-on-Cash

-75561.57%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93

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