12805-12813 Victory Boulevard offers investors the opportunity to acquire a 100% occupied, four-tenant retail/medical property in North Hollywood. The approximately 8,500 SF building sits on an approximately 17,500 SF lot and is occupied by a diversified mix of medical, wellness, fitness, and service-oriented tenants.
The property is offered at $3,800,000 with approximately $190,000 in annual NOI, representing a 5.00% cap rate. Located along Victory Boulevard, the property benefits from strong visibility, convenient access, and a substantial on-site parking/land component that may provide future expansion or redevelopment potential, subject to applicable zoning and governmental approvals.
Investment Highlights
- $3,800,000 Asking Price
- 5.00% Cap Rate
- Approximately $190,000 NOI
- 100% Occupied
- 4-Tenant Retail / Medical Investment
- Approximately 8,500 SF Building
- Approximately 17,500 SF Lot
- Diversified medical, wellness, fitness and service-oriented tenant mix
- Prominent Victory Boulevard frontage and visibility
- Substantial on-site parking and land component
- Potential to explore future building expansion or redevelopment, subject to zoning, parking requirements, entitlements and governmental approvals
- Infill North Hollywood / San Fernando Valley location with access to surrounding residential and commercial demand