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Tarzana Auto Center 6011-6015 Reseda Blvd 9,928 SF 92% Leased Retail Building Tarzana, CA 91356 $4,515,390 CAD ($454.81 CAD/SF) 4.32% Cap Rate
Investment Highlights
- Diverse Tenant Mix: A blend of long-standing and contemporary businesses ensure varied revenue streams.
- Growth Potential: Opportunities to enhance value through strategic leasing and property enhancements.
- Investors will appreciate the property's solid foundation andthe promising avenues for value addition.
- Stable Income: Established tenants provide consistent rental income.
- Prime Location: Situated in a bustling area of Tarzana, attracting steady vehicle traffic.
- Don't miss out on acquiring a cornerstone asset in a thriving community.
Executive Summary
MAJOR PRICE REDUCTION!! SELLER MOTIVATED.
Prime Multi-Tenant Commercial Building for Sale in Tarzana.
Seize this exceptional investment opportunity in the heart of Tarzana. This well-maintained commercial property boasts nine diverse tenants, ensuring a stable income stream with significant potential for growth.
KEY TENANTS:
Volvo Mechanic: A trusted service provider in the community for over 30 years.
Dance Studio: Popular local destination for dance enthusiasts.
Gymnastic Center: Well-established facility catering to children of all age groups.
Masters in Design: Specialists in modern and innovative kitchen, bathroom and remodeling solutions.
Auto Sales Offices: Multiple tenants contributing to a dynamic automotive hub.
Prime Multi-Tenant Commercial Building for Sale in Tarzana.
Seize this exceptional investment opportunity in the heart of Tarzana. This well-maintained commercial property boasts nine diverse tenants, ensuring a stable income stream with significant potential for growth.
KEY TENANTS:
Volvo Mechanic: A trusted service provider in the community for over 30 years.
Dance Studio: Popular local destination for dance enthusiasts.
Gymnastic Center: Well-established facility catering to children of all age groups.
Masters in Design: Specialists in modern and innovative kitchen, bathroom and remodeling solutions.
Auto Sales Offices: Multiple tenants contributing to a dynamic automotive hub.
Property Facts
Sale Type
Investment
Sale Condition
1031 Exchange
Property Type
Retail
Property Subtype
Auto Repair
Building Size
9,928 SF
Building Class
C
Year Built
1972
Price
$4,515,390 CAD
Price Per SF
$454.81 CAD
Cap Rate
4.32%
NOI
$194,983 CAD
Percent Leased
92%
Tenancy
Multiple
Building Height
2 Stories
Slab To Slab
11’
Building FAR
0.44
Lot Size
0.52 AC
Zoning
LA C2 - Commerical
Parking
23 Spaces (2.62 Spaces per 1,000 SF Leased)
Frontage
150’ on Reseda Blvd
Amenities
- Bus Line
- Metro/Subway
- Pylon Sign
- Signage
Major Tenants
- Tenant
- Industry
- SF Occupied
- Rent/SF
- Lease End
- Action Volvo Repair Inc
- Services
- -
- -
- -
- Air Wave Tech Inc
- Manufacturing
- -
- -
- -
- Car Exchange
- Retailer
- -
- -
- -
- Planet Car Sales
- Retailer
- -
- -
- -
- Tarzana Auto Sales
- Retailer
- -
- -
- -
| Tenant | Industry | SF Occupied | Rent/SF | Lease End | ||
| Action Volvo Repair Inc | Services | - | - | - | ||
| Air Wave Tech Inc | Manufacturing | - | - | - | ||
| Car Exchange | Retailer | - | - | - | ||
| Planet Car Sales | Retailer | - | - | - | ||
| Tarzana Auto Sales | Retailer | - | - | - |
Space Availability
- Space
- Size
- Space Use
- Position
- Available
- 2nd Floor
- 800 SF
- Retail
- -
- Now
| Space | Size | Space Use | Position | Available |
| 2nd Floor | 800 SF | Retail | - | Now |
2nd Floor
| Size |
| 800 SF |
| Space Use |
| Retail |
| Position |
| - |
| Available |
| Now |
Walk Score®
Very Walkable (81)
Bike Score®
Very Bikeable (79)
Nearby Major Retailers
Property Taxes
| Parcel Number | 2156-006-017 | Improvements Assessment | $1,359,954 CAD |
| Land Assessment | $906,629 CAD | Total Assessment | $2,266,583 CAD |
Property Taxes
Parcel Number
2156-006-017
Land Assessment
$906,629 CAD
Improvements Assessment
$1,359,954 CAD
Total Assessment
$2,266,583 CAD
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Tarzana Auto Center | 6011-6015 Reseda Blvd
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