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For Sale

Type:Commercial/Retail
Broker:Richard
Square Feet:12000


Address:7619-21 Van Nuys Boulevard
City:Van Nuys
State:CA
Zip:91405
Description:BUILDINGS: Two (2) store retail building consisting of approximately 7,000 +/- square feet and 5,000 +/- square feet

LOT SIZE A.P.N. #: 19,998* +/- square feet /2210-031-002
15,647* +/- square feet/2210-031-004

PRICE & TERMS: $1,699,000.00 (Cash or cash to a new loan)

ZONING: LA-C2*

PARKING: Excellent rear park area accessed by driveway off of Saticoy Street

CURRENT USE: Furniture store/vacant

TENANCY: Current furniture tenant pays $5,000.00 per month with a five (5%) percent increase on both June 2010 and June 2011 with the lease ending on 11/30/2011. However, the property owner has the right to cancel the lease by 12/1/2010.

COMMENTS: This sale offers an opportunity to purchase a well located commercial/retail property with tremendous upside potential!!! Only $141.00 per square foot!!!
Price: 1,295,000.00

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