6801 Van Nuys Blvd | Van Nuys, CA 91405
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- LoopNet Team
6801 Van Nuys Blvd
Van Nuys, CA 91405
PLS Financials Services · Retail Property For Sale
INVESTMENT HIGHLIGHTS
- PLS Financial Services, Inc. (PLS) is one of the largest check cashing companies with over 200 locations in twelve (12) states.
- The property, sits on .30 acres, consists of a single story (1) freestanding building totaling 5,811 sq. ft. with ample parking.
- The lease is structured to allow NNN reimbursement by Tenant, with a fifteen percent (15%) administrative fee reimbursement on CAMS, excluding taxes.
- The subject property is a passive Single Tenant Net Leased investment on a highly prominent corner in Urban Los Angeles.
- The PLS lease includes structured increases of 2.5% annually, providing an inflation hedge.
- Tenant recently exercised the first (1st) of their remaining two (2), five (5)-year options to extend, showing strong commitment to the location.
PROPERTY FACTS
Property Type
Retail
Property Subtype
Building Size
5,860 SF
Building Class
C
Year Built
1990
Tenancy
Single
Building Height
1 Story
Building FAR
0.44
Lot Size
0.30 AC
Zoning
LAC2 - Commercial
Parking
15 Spaces (2.6 Spaces per 1,000 SF Leased)
Frontage
AMENITIES
- Bus Line
- Signage
- Signalized Intersection
PROPERTY TAXES
| Parcel Number | 2219-025-030 | Improvements Assessment | $1,245,791 |
| Land Assessment | $1,152,222 | Total Assessment | $2,398,013 |
PROPERTY TAXES
Parcel Number
2219-025-030
Land Assessment
$1,152,222
Improvements Assessment
$1,245,791
Total Assessment
$2,398,013
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