17650 Saticoy St - Bank FOR SALE


Van Nuys, CA 91406- Lake Balboa
$3,500,000 USD
415-269-8969
17650 Saticoy St, Van Nuys, CA for Sale
$3,500,000 USD
Bank - FOR SALE
1/4
null | 2.74% Cap Rate

17650 Saticoy St
Van Nuys, CA 91406
Lake Balboa


HIGHLIGHTS

  • Rare opportunity to acquire larger parcel in Van Nuys, the most populous neighborhood in the San Fernando Valley
  • Very flexible zoning in C-4 (see page 6)
  • Incredibly dense population with over 635,000 people within a 5-mile radius
  • Property is located 2.5 miles south of US-101 and 2.5 miles east of I-405
  • Excellent ingress/egress with four curbs cuts – two on Saticoy St, one on White Oak Ave, and one on Tierra St
  • Limited retail competition in the immediate trade area - Bank of America has been at the location since 1981

OVERVIEW

8.60 Acres of developable land on a major thoroughfare in Northern California

FOR SALE DETAILS

PRICE

$3,500,000 USD

PRICE/SF

$3,546 USD /SF

CAP RATE

2.74%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Redevelopment Opportunity: Bank of America

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Bank

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1981

SPRINKLERS

-

PARKING SPACES

9

LAND DETAILS

LAND ACRES

0.46 AC

LAND SF

19,820 SF

ZONING

LAC4

APN/PARCEL ID

2202-025-024

ASK ABOUT THIS PROPERTY

David LucasMonarch Commercial AdvisorsMore Info
415-269-8969

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David LucasMonarch Commercial AdvisorsMore Info
415-269-8969

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.