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6104 - 6108 Sepulveda Boulevard, Van Nuys, CA

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DetailMap
6104 - 6108 Sepulveda Boulevard

Van Nuys, CA 91411-2503 - Eastern SFV Submarket


Property Type:Retail Sub Type:Freestanding Status:Existing Year Built:2001
Building Size:23,897 SF Land Area:1.95 AC (84,864 SF)
For Sale Price:Condo (see detail) Price/SF:For Sale
Cap Rate:-
Condos:This property has 1 condo for sale. The size of the for sale condo is 8,772 SF. Parking:101 Surface spaces are available; Ratio of 4.22/1,000 SF


Condos For Sale:
Floor
Suite
Unit SF
Price
Space Use
  1st
6108
8,772 SF
$4,500,000
Retail
 
3023488


Floor
Suite
Unit SF
Price
Space Use
1st
6108
8,772 SF
$4,500,000
Retail
This building was awarded an Energy Star label in 2011 & 2012 for its operating efficiency.

Sale Notes:
The Colliers Retail Investment Advisory Team is pleased to exclusively present the single tenant, Dollar Tree located at 6108 Sepulveda Boulevard in Van Nuys, California. The building is a retail condo comprised of approximately 8,772 rentable square feet and is situated on a 1.95 acre lot (84,863 square feet) that is shared as Tenants In Common with Staples. Staples manages the common area for this property.

Dollar Tree is currently on a ten (10) year lease with seven (7) years remaining. This is an absolute NNN lease with three (3) five (5) year options to extend.

Dollar Tree is ideally located along the major thoroughfare; Sepulveda Boulevard in Van Nuys, CA. It is within the same center as a Costco, Staples and Pepboys. Also, across the street is a newly built LA Fitness gym.

This investment is an excellent opportunity for an investor to take advantage of the current and fixed future income stream and ideal location of this asset.
INVESTMENT HIGHLIGHTS
- Strong National Credit Tenant - Dollar Tree
- Ten (10) Year NNN Lease with Seven (7) Years Remaining
- Three (3) Five (5) Year Options to Extend With Fixed Increases
- Retail Condo Consisting of 8,772 SF of Improvements
- Constructed in 2001 with Renovations in 2013
- Excellent Visibility from Sepulveda Boulevard
- Within Close Proximity to 405 and 101 Freeways
- Dense In-Fill Suburban Market
- National Credit Tenant Synergy with Costco, Staples, Pep Boys, LA Fitness and Target Surrounding the Site



Colliers International
Chris Maling
(213) 532-3292

Patrick M Barnes
(213) 532-3290

David Maling
(213) 532-3291


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