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17047 Ventura Blvd 6,099 SF Retail Building Encino, CA 91316 $4,786,950 CAD ($784.87 CAD/SF) 7.80% Cap Rate
Executive Summary
MILLION-DOLLAR PRICE REDUCTION! MOTIVATED SELLER!
17047 Ventura Blvd, Encino, CA 91316
NEW ASKING PRICE: $3,500,000
PREVIOUS ASKING PRICE: $4,450,000
Buiding Size: ± 6,099 SF
Land Size: ± 0.18 AC/± 7,976 SF (per title)
Parking Spaces: 8
Zoning: C4-IVL
APN: 2258-013-023
FEATURES:
• Brand New NNN Lease with Strong Restaurant Operator
• Long Term Stable Tenancy
• Fully Built Private Pickleball Court
• Exciting Owner/User Opportunity
• Exciting Owner/User Opportunity
• Rooftop Patio Space
• Great Visibility on Ventura with Pole Signage
• SBA Financing Available
17047 Ventura Blvd, Encino, CA 91316
NEW ASKING PRICE: $3,500,000
PREVIOUS ASKING PRICE: $4,450,000
Buiding Size: ± 6,099 SF
Land Size: ± 0.18 AC/± 7,976 SF (per title)
Parking Spaces: 8
Zoning: C4-IVL
APN: 2258-013-023
FEATURES:
• Brand New NNN Lease with Strong Restaurant Operator
• Long Term Stable Tenancy
• Fully Built Private Pickleball Court
• Exciting Owner/User Opportunity
• Exciting Owner/User Opportunity
• Rooftop Patio Space
• Great Visibility on Ventura with Pole Signage
• SBA Financing Available
Data Room Click Here to Access
- Offering Memorandum
Property Facts
Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Freestanding
Building Size
6,099 SF
Building Class
C
Year Built
1970
Price
$4,786,950 CAD
Price Per SF
$784.87 CAD
Cap Rate
7.80%
NOI
$373,382 CAD
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.78
Lot Size
0.18 AC
Zoning
C4-IVL - Commerical
Parking
8 Spaces (1.31 Spaces per 1,000 SF Leased)
Frontage
95’ on Ventura Blvd
Amenities
- Bus Line
- Pylon Sign
- Signage
Moderately walkable
60/100
Exceptionally drivable
100/100
Some public transit
50/100
Fairly bikeable
40/100
Nearby Major Retailers
Property Taxes
| Parcel Number | 2258-013-023 | Improvements Assessment | $1,705,009 CAD |
| Land Assessment | $4,521,984 CAD | Total Assessment | $6,226,993 CAD |
Property Taxes
Parcel Number
2258-013-023
Land Assessment
$4,521,984 CAD
Improvements Assessment
$1,705,009 CAD
Total Assessment
$6,226,993 CAD
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17047 Ventura Blvd
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