20833-20861 Ventura Blvd - Storefront Retail/Office FOR SALE


Woodland Hills, CA 91364
$21,000,000 USD
310-387-7087
20833-20861 Ventura Blvd, Woodland Hills, CA for Sale
$21,000,000 USD
Storefront Retail/Office - FOR SALE
1/14
null | 6.09% Cap Rate

20833-20861 Ventura Blvd
Woodland Hills, CA 91364


HIGHLIGHTS

  • Prime Location: Located in the bustling Woodland Hills area, this retail property benefits from high traffic volume and easy access to major freeways.
  • Ample Parking: Generous parking space ensures ease of access for shoppers, enhancing the customer experience and increasing foot traffic to tenants.
  • Diverse Tenant Mix: Ventura Connection features a variety of established tenants, ensuring a stable and attractive income stream.
  • Well-Maintained Property: The property has been meticulously maintained, providing a welcoming and attractive environment for shoppers.
  • Growth Potential: Woodland Hills is a growing community with increasing commercial activity, offering significant upside potential for appreciation.

OVERVIEW

Presenting an exceptional investment opportunity in prime Woodland Hills, California, this multi-tenant retail center enjoys unparalleled advantages in one of Southern California’s most coveted submarkets, situated on the bustling, vibrant Ventura Boulevard corridor. With 100% occupancy and prominent corner visibility adjacent to a Target retail anchor, the property benefits from robust demographics, high population density, and convenient freeway access. Meticulously maintained and efficiently managed under conservative stewardship, the property stands as a pillar of stability with future upside in both rents and CAM charges. Ample parking, prominent signage, a diverse tenant mix, and future redevelopment potential further enhance its appeal. This property offers investors a secure haven with a strong cap rate and substantial growth potential in a location that is truly irreplaceable. Exclusively represented by Sotheby’s International Realty.

FOR SALE DETAILS

PRICE

$21,000,000 USD

PRICE/SF

$327 USD /SF

CAP RATE

6.09%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Ventura Connection

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront Retail/Office

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1978

SPRINKLERS

-

PARKING SPACES

195

LAND DETAILS

LAND ACRES

2.45 AC

LAND SF

106,722 SF

ZONING

(Q)C4-1

APN/PARCEL ID

2166-033-049

ASK ABOUT THIS PROPERTY

Allen RothSotheby's International Realty LLCMore Info
310-387-7087

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Allen RothSotheby's International Realty LLCMore Info
310-387-7087

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