12805-12813 Victory Blvd - Storefront FOR SALE


North Hollywood, CA 91606 | 
$3,800,000 USD
323-380-8310
12805-12813 Victory Blvd, North Hollywood, CA for Sale
$3,800,000 USD
Storefront - FOR SALE
1/11
null | 5% Cap Rate

12805-12813 Victory Blvd
North Hollywood, CA 91606


OVERVIEW

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

FOR SALE DETAILS

PRICE

$3,800,000 USD

PRICE/SF

$418 USD /SF

CAP RATE

5%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1955

SPRINKLERS

-

PARKING SPACES

17

LAND DETAILS

LAND ACRES

0.44 AC

LAND SF

19,001 SF

ZONING

C1

APN/PARCEL ID

2325-032-004

ASK ABOUT THIS PROPERTY

Grant PaulesThe Property Advisors Inc.More Info
323-380-8310

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Grant PaulesThe Property Advisors Inc.More Info
323-380-8310

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