14242 Oxnard St - Auto Repair FOR SALE
Van Nuys, CA 91401 |
14242 Oxnard St
Van Nuys, CA 91401
HIGHLIGHTS
- Rare Autobody & Repair Shop with Permitted Spray Booth - A unique opportunity to acquire a fully equipped and operational facility
- Situated just north of Sherman Oaks, one block east of the Oxnard St. & Van Nuys Blvd. intersection, with over 30,870 vehicles passing daily
- Current rent is over 30% below fair market value, presenting a lucrative investment opportunity
- Eight service bays, an improved second-floor office, and five separate electrical meters, allowing for easy division and multi-tenant use
- New roof installed in September 2023, with approximately 8.5 years of warranty remaining
- Current lease expires December 31, 2025, with no renewal options, offering flexibility for an owner-user or the ability to reset rents to market
FOR SALE DETAILS
PRICE
-
CAP RATE
-
% LEASED
-
TENANCY
-
BUILDING DETAILS
PROPERTY TYPE
Retail
PROPERTY SUBTYPE
Auto Repair
TOTAL BUILDING SIZE
9850
STORIES
2
YEAR BUILT
1986
SPRINKLERS
-
PARKING SPACES
14
LAND DETAILS
LAND ACRES
-
LAND SF
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ZONING
-
APN/PARCEL ID
2245-018-028
