Language and Region
Currency

Email*

Please enter a valid email address.

To send this property to multiple individuals, insert a semi-colon between each recipient's email address.

Message

934 characters remaining

Hmm, there seems to have been an error sending your message. Please try again.

Your email has been sent.

Wall Street Plaza 18645-18663 Ventura Blvd 46,776 SF 97% Leased Retail Building Tarzana, CA 91356 For Sale

.mosaic-column{display:inline-block!important;height:100%!important;width:auto!important}.mosaic-tile i{display:none!important}.mosaic-tile img{height:100%!important;width:auto!important}

INVESTMENT HIGHLIGHTS

STABILIZED SAN FERNANDO VALLEY MIXED-USE PROPERTY WITH UPSIDE

HIGHLY STRATEGIC AND DESIRABLE REAL ESTATE LOCATION WITH PARKING IN THE WEST SAN FERNANDO VALLEY OF LOS ANGELES

EXECUTIVE SUMMARY

STABILIZED SAN FERNANDO VALLEY MIXED-USE PROPERTY WITH UPSIDE
* EXCELLENT IN-PLACE INCOME WITH APPRECIATION POTENTIAL | Offered at ±97% occupancy and a net operating income of $900,779 in year 1 of ownership, the investment offers excellent immediate cash flow potential plus the ability to raise rents and convert gross leases to NNN.

* IDEAL PROPERTY LAYOUT AND UNIT SIZE | Consisting of units between 350-5,684 sq. ft. each, Wall Street Plaza offers a range of unit layouts that helps maximize rent collections. With ample parking, service elevator, and strong signage, the plaza caters to a wide range of users.

* BELOW REPLACEMENT COST | The property is expected to transact at a price well below the all-inclusive cost of building a similar 46,770 sq. ft. mixed-use building plus a 39,757 sq. ft. parking structure. There is potential to monetize parking fees.

HIGHLY STRATEGIC AND DESIRABLE REAL ESTATE LOCATION WITH PARKING IN THE WEST SAN FERNANDO VALLEY OF LOS ANGELES
* TWO (2) LARGE PARCELS WITH DEDICATED PARKING STRUCTURE | Wall Street Plaza benefits from 23 surface parking spaces fronting the shopping center along Ventura Boulevard. Additionally, there is a dedicated parking structure adjacent to the site that offers 188 more spaces – providing excellent parking and allowing a wide range of tenant uses.

* PROXIMITY TO PROVIDENCE CEDARS-SINAI MEDICAL CENTER | Wall Street Plaza is one (1) block west of the newly updated Providence CedarsSinai Tarzana Medical Center, which boasts 249 licensed beds and over 1,455 full-time employees. Providence-Cedars is the main hospital catering to the West San Fernando population and recently completed a several hundred million dollar renovation.

* EXCELLENT HISTORICAL OCCUPANCY | During ownership’s hold period, Wall Street Plaza regularly maintained occupancy over 90%.

PROPERTY FACTS

Sale Type

Investment

Property Type

Retail

Building Size

46,776 SF

Building Class

Year Built/Renovated

1986/2004

NOI

$1,256,434 CAD

Percent Leased

97%

Tenancy

Multiple

Building Height

3 Stories

Building FAR

0.79

Lot Size

1.36 AC

Zoning

LAC2 - Commercial

Parking

23 Spaces (0.49 Spaces per 1,000 SF Leased)

Services
-
-
Lorem Ipsum
Jan 0000

At OxygenWell, they create a warm, comfortable, safe and inviting space just for you! Your spacious relaxing chamber provides the ambiance to let go and heal while breathing in 100% medical grade oxygen under pressure. Oxygen under pressure bypasses red blood cells and is no longer limited to what they can carry. Now, your brain and body can be flooded with liquid oxygen that has become saturated in the liquid plasma of your blood, lymphatic system and cerebral spinal fluid, restoring your health to it's optimal potential.