6040 Canoga Ave 10 001 pi² Commerce de détail Immeuble Woodland Hills, CA 91367 À vendre

The Brandon Michaels Group of Marcus & Millichap as Exclusive Advisor, is pleased to present 6040 Canoga Avenue, an 10,001 SF, single-tenant, net-leased El Torito situated on 0.72 acres of land (31,480 SF) in the highly affluent Warner Center in Woodland Hills, CA. The subject property is ideally positioned on Canoga Avenue, just north of Oxnard Street, directly across from the proposed $10 billion Rams Village mixed-use development.
El Torito, a highly successful Mexican restaurant chain operating 28 locations throughout California, has been in continuous operation at this location for over 48 years (since 1977). This location ranks as one of the top-performing units in the entire El Torito system. The lease features annual CPI-based rental increases, providing built-in income growth. El Torito’s lease expries on 6/30/2027, with no remaining options. This allows a future owner compelte site control and strategic flexibility at lease expiration.
6040 Canoga Avenue is located just north of the signalized intersection of Canoga Avenue and Oxnard Street. The subject property is part of a four-property CC&R-governed development, which includes the adjacent StorQuest self-storage facility (formerly Storage Etc) to the rear, a two-tenant retail building at 6020 Canoga Avenue, and a two-story office building at 21333 Oxnard Street along Oxnard Street.