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Single Tenant NNN Industrial Investment 9035 Canoga Ave 45,320 SF Industrial Building Canoga Park, CA 91304 $19,162,219 CAD ($422.82 CAD/SF) 6.48% Cap Rate
Investment Highlights
- Single Tenant NNN Industrial Leased Investment Opportunity | Great 1031 property option for investors
- Major Tenant Improvements Invested in the Property
- Two Parking Lots with Ample Parking | Excellent Visibility on Canoga Ave and Nordhoff Street
- Solid cap rate in the San Fernando Valley | Long term lease in place
- Excellent Layout | Two Parking Areas | 3 Ground Loading | 17' Min. Warehouse Clear
- Located in the Heart of the San Fernando Valley. Close Proximity to Warner Center Amenities, Restaurants, Orange Line with Easy Freeway Access
Executive Summary
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.
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.
Property Facts
Amenities
- 24 Hour Access
- Fenced Lot
- Signage
- Reception
- Air Conditioning
Utilities
- Lighting - Fluorescent
- Heating
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Bike Score®
Very Bikeable (73)
Property Taxes
| Parcel Number | 2779-018-022 | Improvements Assessment | $3,697,249 CAD |
| Land Assessment | $12,655,966 CAD | Total Assessment | $16,353,215 CAD |
Property Taxes
Parcel Number
2779-018-022
Land Assessment
$12,655,966 CAD
Improvements Assessment
$3,697,249 CAD
Total Assessment
$16,353,215 CAD
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Single Tenant NNN Industrial Investment | 9035 Canoga Ave
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