6202 Laurel Canyon Blvd - Fast Food FOR SALE


North Hollywood, CA 91606
$3,269,000 USD
510-468-7404
6202 Laurel Canyon Blvd, North Hollywood, CA for Sale
$3,269,000 USD
Fast Food - FOR SALE
1/12
null | 4.96% Cap Rate

6202 Laurel Canyon Blvd
North Hollywood, CA 91606


HIGHLIGHTS

  • Completely Vacant Single-Tenant Property on a Signalized Corner + 30,000 VPD! For Sale & Lease
  • Signalized hard corner at Laurel Canyon Blvd and Sylvan St moving roughly 30,000 vehicles per day, the site feature QSR, coffee, and convenience brand
  • Directly across from NoHo West, a 25 acre mixed use destination anchored by Trader Joe's, Regal Cinemas, LA Fitness, Nordstrom Rack, and Ulta with 700
  • 24 Parking Spaces
  • Drive thru potential, subject to City of Los Angeles entitlement and approvals, one of the hardest and most valuable approvals to win in LA today
  • Designated Opportunity Zone, relevant to buyers planning new construction or substantial redevelopment, with potential federal capital gains deferral

OVERVIEW

VACANT** For Sale & Lease | Freestanding 2,926 SF former Carl's Jr. pad on a 16,413 SF hard corner lot at the signalized intersection of Laurel Canyon Blvd and Sylvan St in North Hollywood. The site carries roughly 30,000 vehicles per day and sits directly across from NoHo West, a 25 acre mixed use destination anchored by Trader Joe's, Regal Cinemas, LA Fitness, Nordstrom Rack, and Ulta with more than 700 residential units. Adjacent Valley Plaza is being cleared for redevelopment, and a 294 unit apartment project at 12001 W. Victory Blvd is advancing nearby, adding rooftops to the immediate trade area. Ideal for a franchisee, brand, owner user, or developer seeking to own a hard corner at the front edge of a redevelopment corridor with interim income in place.

FOR SALE DETAILS

PRICE

$3,269,000 USD

PRICE/SF

$1,117 USD /SF

CAP RATE

4.96%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Fast Food

ADD'L SUBTYPES

Freestanding, Restaurant, undefined

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1972

SPRINKLERS

-

PARKING SPACES

20

LAND DETAILS

LAND ACRES

0.38 AC

LAND SF

16,553 SF

ZONING

LAP

APN/PARCEL ID

2334-010-024

ASK ABOUT THIS PROPERTY

Chandler RockwellFred Leeds PropertiesMore Info
510-468-7404

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Chandler RockwellFred Leeds PropertiesMore Info
510-468-7404

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