9035 Canoga Ave - Manufacturing FOR SALE


Canoga Park, CA 91304
$14,000,000 USD
818-439-1157
9035 Canoga Ave, Canoga Park, CA for Sale
$14,000,000 USD
Manufacturing - FOR SALE
1/11
null | 6.48% Cap Rate

9035 Canoga Ave
Canoga Park, CA 91304


HIGHLIGHTS

  • Single Tenant NNN Industrial Leased Investment Opportunity | Great 1031 property option for investors
  • Solid cap rate in the San Fernando Valley | Long term lease in place
  • Major Tenant Improvements Invested in the Property
  • Excellent Layout | Two Parking Areas | 3 Ground Loading | 17' Min. Warehouse Clear
  • Two Parking Lots with Ample Parking | Excellent Visibility on Canoga Ave and Nordhoff Street
  • Located in the Heart of the San Fernando Valley. Close Proximity to Warner Center Amenities, Restaurants, Orange Line with Easy Freeway Access

OVERVIEW

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.

FOR SALE DETAILS

PRICE

$14,000,000 USD

PRICE/SF

$307 USD /SF

CAP RATE

6.48%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Single Tenant NNN Industrial Investment

PROPERTY TYPE

Industrial

PROPERTY SUBTYPE

Manufacturing

ADD'L SUBTYPES

undefined, Freestanding, Warehouse

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1972

UTILITIES

Lighting - Fluorescent, Heating

CLEAR CEILING HT

17 Ft

DOCKS

-

DRIVE INS

3

PARKING SPACES

60

LAND DETAILS

LAND ACRES

1.67

LAND SF

72,745

ZONING

MR2-1

APN/PARCEL ID

2779-018-022

ASK ABOUT THIS PROPERTY

Joshua GersonSpectrum Commercial Real Estate, Inc.More Info
818-439-1157

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Joshua GersonSpectrum Commercial Real Estate, Inc.More Info
818-439-1157

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