For Sale, Single Tenant NNN leased industrial investment Opportunity.
The property features: an approximately 45,320 sf building on 72,619 square foot parcel; Well designed layout; Excellent visibility with building signage opportunity, 17' min. warehouse clear; Heavy Power 4,000 Amps; 3 Ground Level Loading Doors; Ample parking with two private parking areas (one of Canoga Avenue and the other on Nordhoff Street)
Lease info:
- Approximately 5.5 years left on lease.
- August 1, 2026 will be next increase, putting this at a 6.67% Cap Rate
- Lessee in property invested approximately $4M in FF&E into the building.
- Current use is a beverage company with a THC component (contact broker for additional info)
The property is located in the heart of the San Fernando Valley, within close proximity to Warner Center, Westfield Topanga, the Orange Line, Metrolink, the Rams Training Center, and a variety of local amenities, restaurants, and public transportation options. The area benefits from strong demographics and a robust workforce, along with significant traffic counts and convenient access to nearby freeway on-ramps.