19809 Prairie St - Loft/Creative Space FOR SALE


Chatsworth, CA 91311
$14,900,000 USD
818-907-4643
19809 Prairie St, Chatsworth, CA for Sale
$14,900,000 USD
Loft/Creative Space - FOR SALE
1/8
null | Request Cap Rate

19809 Prairie St
Chatsworth, CA 91311


HIGHLIGHTS

  • HVAC for the building consists of multi-zoned, constant volume system.
  • 294 total parking stalls and an additional 224 parking spaces in garage south of the property that are part of covenant included with the property.
  • Common areas within the building have ceramic-tiled and carpeted floors and painted, drywall-finished walls and ceilings.
  • Located in the San Fernando Valley with close proximity to the 118, 405, and 101 freeways, as well as Van Nuys Airport.

OVERVIEW

CBRE, as exclusive advisor, is pleased to present the opportunity to acquire the fee simple interest in 19809 Prairie Street, Chatsworth, California. The ±89,740 SF flex/office building is 50% leased to the US Citizenship and Immigration Services agency. The lease expiration date is March 25, 2027. The property offers either an owner-user or investment opportunity, as the partial occupancy allows an owner-user to purchase the property and mitigate their occupancy costs through the collection of rent as well as appreciation and tax benefits. The asset is surrounded by surface parking and lush landscaping and benefits from a strong “business campus” identity. The asset is well-located in Chatsworth, California.

FOR SALE DETAILS

PRICE

$14,900,000 USD

PRICE/SF

$166 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Office

PROPERTY SUBTYPE

Loft/Creative Space

TOTAL BUILDING SIZE

-

STORIES

2

BUILDING CLASS

B

YEAR BUILT

1992

SPRINKLERS

-

PARKING SPACES

294

LAND DETAILS

LAND ACRES

2.49 AC

LAND SF

108,464 SF

ZONING

LAMR2

APN/PARCEL ID

2761-040-023

ASK ABOUT THIS PROPERTY

Mark PerryCBRE, Inc.More Info
818-907-4643

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

Mark PerryCBRE, Inc.More Info
818-907-4643

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