10118 San Fernando Rd - Storefront Retail/Office FOR SALE


Pacoima, CA 91331
$3,590,000 USD
818-546-1212
10118 San Fernando Rd, Pacoima, CA for Sale
$3,590,000 USD
Storefront Retail/Office - FOR SALE
1/8
null | 5.9% Cap Rate

10118 San Fernando Rd
Pacoima, CA 91331


HIGHLIGHTS

  • Prominent center anchored by Subway
  • All tenants on full NNN leases
  • All leases have a minimum 3% increase or higher
  • Built in 2011 - well-maintained center
  • Strong mix of national and local tenants
  • Located on a high traffic signalized intersection

OVERVIEW

Specialized Realty presents 10118 San Fernando Rd., an incredible opportunity for an investor or owner/user to acquire a newer developed shopping plaza anchored by Subway, located on the signalized corner of Osborne St. and San Fernando Rd. in the heart of Pacoima. Built in 2011, the center offers a strong mix of national & local tenants, tremendous visibility and boasts high traffic counts day and night. SUBWAY has been a tenant since 2012, the lease ending in 2027. El Taco LLama has multiple locations throughout LA and the valley, adding to their already strong local presence. Remaining tenants are local with strong ties to the community. The property is zoned LACM and consists of a 6,910 SF building on a 15,164 SF lot. All tenants are on NNN leases. The center is surrounded by dense residential neighborhoods and a highly diverse demographic, located directly across the street from Whiteman Airport and conveniently accessible via the 5, 210, and 118 freeways. The immediate area presents a unique long-term positioning opportunity, as the airport site has been the subject of ongoing community-driven discussions around potential future redevelopment into neighborhood-serving retail and public spaces. Do not miss the opportunity to own a well-maintained, newer center with stable tenants on NNN leases in one of the San Fernando Valley’s most established neighborhoods.

FOR SALE DETAILS

PRICE

$3,590,000 USD

PRICE/SF

$521 USD /SF

CAP RATE

5.9%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront Retail/Office

ADD'L SUBTYPES

Freestanding, Storefront

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2011

SPRINKLERS

-

PARKING SPACES

17

LAND DETAILS

LAND ACRES

0.36 AC

LAND SF

15,682 SF

ZONING

CM

APN/PARCEL ID

2537-010-033

ASK ABOUT THIS PROPERTY

Artak DovlatyanSpecialized Realty, Inc.More Info
818-546-1212

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Artak DovlatyanSpecialized Realty, Inc.More Info
818-546-1212

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.