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Faits saillants de l'investissement
- Income Generating Covered Land Play
- Investment Grade Tenancy
- High Opportunity Transit Area
- Flexible Zoning Pathways
- Significant Density Upside
Résumé de l'annonce
Coldwell Banker Commercial Realty is pleased to present 17717 Ventura Boulevard, Encino, CA, a stabilized NNN investment opportunity with significant long-term redevelopment potential along one of the San Fernando Valley’s most prominent commercial corridors.
The property is currently leased to Enterprise Rent-A-Car and includes a separate ground lease with AT&T for a communications facility, providing approximately $238,000 in annual net income. The dual-tenant structure offers predictable cash flow supported by national tenancy while preserving future flexibility.
Situated on approximately ±40,673 square feet along Ventura Boulevard, the site benefits from excellent visibility, strong traffic counts, and convenient access to the US-101 Freeway. The property is located within an Opportunity Corridor (OC-2) and in proximity to High-Quality Transit, supporting multiple potential development pathways, including By-Right residential, Mixed Income Incentive Program (MIIP), Affordable Housing Incentive Program (AHIP), or senior housing, subject to buyer verification.
This offering represents a true covered land play, allowing an investor or developer to maintain income while pursuing entitlement and long-term repositioning strategies. With a location in an affluent, supply-constrained Encino submarket and strong frontage along Ventura Boulevard, the asset provides a rare opportunity to acquire a well-positioned infill site with both current income and future upside.
The property is currently leased to Enterprise Rent-A-Car and includes a separate ground lease with AT&T for a communications facility, providing approximately $238,000 in annual net income. The dual-tenant structure offers predictable cash flow supported by national tenancy while preserving future flexibility.
Situated on approximately ±40,673 square feet along Ventura Boulevard, the site benefits from excellent visibility, strong traffic counts, and convenient access to the US-101 Freeway. The property is located within an Opportunity Corridor (OC-2) and in proximity to High-Quality Transit, supporting multiple potential development pathways, including By-Right residential, Mixed Income Incentive Program (MIIP), Affordable Housing Incentive Program (AHIP), or senior housing, subject to buyer verification.
This offering represents a true covered land play, allowing an investor or developer to maintain income while pursuing entitlement and long-term repositioning strategies. With a location in an affluent, supply-constrained Encino submarket and strong frontage along Ventura Boulevard, the asset provides a rare opportunity to acquire a well-positioned infill site with both current income and future upside.
Faits sur la propriété
Type de vente
Investissement pour loyer hypernet
Type de propriété
Commerce de détail
Taille du bâtiment
3 443 pi²
Classe d’immeuble
B
Année de construction
2000
Pourcentage loué
100%
Hauteur du bâtiment
1 étage
Coefficient d’occupation des sols de l’immeuble
0,08
Taille du lot
0,93 AC
Zonage
LAC4
Moyennement praticable à pied
60/100
Exceptionnellement facile d’accès en voiture
100/100
Transports en commun relativement accessibles
50/100
Plutôt praticable en vélo
50/100
Principaux détaillants à proximité
Impôts fonciers
| Numéro de lot | 2162-013-042 | Évaluation des bâtiments | 746 623 $ CAD |
| Évaluation du terrain | 3 925 320 $ CAD | Évaluation totale | 4 671 942 $ CAD |
Impôts fonciers
Numéro de lot
2162-013-042
Évaluation du terrain
3 925 320 $ CAD
Évaluation des bâtiments
746 623 $ CAD
Évaluation totale
4 671 942 $ CAD
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17717 Ventura Blvd
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