21028 Ventura Blvd - Restaurant FOR SALE


Woodland Hills, CA 91364
$3,195,000 USD
818-514-0547
21028 Ventura Blvd, Woodland Hills, CA for Sale
$3,195,000 USD
Restaurant - FOR SALE
1/11
null | 5% Cap Rate

21028 Ventura Blvd
Woodland Hills, CA 91364


HIGHLIGHTS

  • Single tenant net leased investment property
  • Excellent visibility on the infamous Ventura Boulevard corridor
  • Situated in the heart of Woodland Hills in the West San Fernando Valley
  • Stable investment to buyers seeking a cash-flowing asset in a prime Los Angeles submarket

OVERVIEW

illi Commercial Real Estate is pleased to present a rare single tenant net leased investment property with excellent visibility on the infamous Ventura Boulevard corridor. Situated in the heart of Woodland Hills in the West San Fernando Valley, the ±7,797 S site consists of a ±2,600 S restaurant building, with a ±600 S front patio and rear parking area. The tenant, & Waffles, a local breakfast and lunch favorite, often has lines out the door. Having recently completed the original five-year term of its lease, the operator exercised the first of two five-year options to extend, presenting a long-term, stable investment to buyers seeking a cash-flowing asset in a prime Los Angeles submarket.

FOR SALE DETAILS

PRICE

$3,195,000 USD

PRICE/SF

$1,229 USD /SF

CAP RATE

5%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

For Sale: Single Tenant NNN Investment

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Restaurant

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2007

SPRINKLERS

-

PARKING SPACES

10

LAND DETAILS

LAND ACRES

0.18 AC

LAND SF

7,841 SF

ZONING

LAC4

APN/PARCEL ID

2167-024-007

ASK ABOUT THIS PROPERTY

Austin Harrellilli Commercial Real EstateMore Info
818-514-0547

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Austin Harrellilli Commercial Real EstateMore Info
818-514-0547

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