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18321 Ventura Boulevard - Tarzana Tower - Tarzana Tower, Tarzana, CA

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18321 Ventura Boulevard - Tarzana Tower - Tarzana Tower

Tarzana, CA 91356-4228 - Tarzana Submarket


Property Type:Office Sub Type:- Status:Existing , Renov 1989 Year Built:1970
Stories:10 Typical Floor:8,450 SF Building Size:81,246 SF
Smallest Space:1,140 SF Largest Space:2,700 SF Total Space Avail:3,840 SF Rent/SF/Yr:
$30.00
Parking:15 Surface spaces @ $38.00/mo; 60 Covered spaces are available; Reserved spaces @ $65.00/mo; Ratio of 3/1,000 SF Amenities:Banking, On Site Management, Property Manager on Site, Signage


Space Available:
Floor
SF Avail
Rent
Occupancy
Lease Term
Space Use
 2nd
2,700 SF
$30.00/SF/Yr
Vacant
Negotiable
Office
 7th
1,140 SF
$30.00/SF/Yr
Vacant
Negotiable
Office
 
12643952
12371376


Floor
SF Avail
Rent/SF/Yr
Occupancy
Lease Term
Space Use
2nd
2,700 SF
$30.00/SF/Yr
Vacant
Negotiable
Office
7th
1,140 SF
$30.00/SF/Yr
Vacant
Negotiable
Office
2/00: Tarzana Tower LLC., in conjunction with Toibb Enterprises, purchased the building. Madison Partners represented the seller, Ventura Associates.

Property is in a prominent Ventura Blvd. location with panoramic mountain and city views and access to the Ventura Highway. There have been extensive renovations to lobby and common areas. The property is also close to retail amenities. Current

Parking rates:
Roof: $38.00
2nd Floor reserved: $65.00
1st Floor reserved: $98.00

Property offers after-hours and weekend security service.

Sale Notes:
CBRE, Inc., as exclusive advisor, is pleased to present the opportunity to acquire 18321Ventura Boulevard, Tarzana, California (the “Property” or “Tower”). The Property is comprised of an 81,246-square-foot, 10-story, multi-tenant office tower and an adjacent three-level parking structure. The Tower is approximately 96 percent leased and located along one of Los Angeles’ most dynamic commercial corridors.

18321 Ventura was recently permitted to allow 46 percent of the rentable area to beused as medical office. The medical conversion is substantiated by its location adjacent to the Providence Medical Center, and near three of San Fernando Valley’s largest hospitals. The Property is being offered on a fee simple basis, free and clear of existing financing, and on an “as-is, where-is” basis.


Pacific Partners Commercial, Inc.
Brian S Forster
(818) 798-3090

Chris Swatosh
(818) 862-2848



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