6800 Owensmouth Ave - Office FOR SALE


Woodland Hills, CA 91303
$14,750,000 USD
818-907-4643
6800 Owensmouth Ave, Woodland Hills, CA for Sale
$14,750,000 USD
Office - FOR SALE
1/24
null | Request Cap Rate

6800 Owensmouth Ave
Woodland Hills, CA 91303


HIGHLIGHTS

  • 77% Occupied with Diverse Mix of over 20 Tenants
  • Average Lease Term: 2.8 Years (WALT)
  • Long term tenancies offering rent roll stability with a projected 8.5% capitalization rate in year 1

OVERVIEW

CBRE, Inc. is pleased to present a unique investment opportunity to acquire Owensmouth Corporate Center, a premier, institutional quality office building located at 6800 Owensmouth Avenue, Canoga Park, CA. This 80,469 square foot, 4-story office building was constructed in 1988 and is situated on 1.31 acres at the signalized intersection of Owensmouth Avenue and Vanowen Street. At 77% occupied, the Property features a diverse mix of over 20 tenants with a weighted average lease term from inception exceeding 9 years, ensuring stable and long-term cash flow.

FOR SALE DETAILS

PRICE

$14,750,000 USD

PRICE/SF

$187 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Prime Warner Center

PROPERTY TYPE

Office

TOTAL BUILDING SIZE

-

STORIES

4

BUILDING CLASS

A

YEAR BUILT

1988

SPRINKLERS

-

PARKING SPACES

228

LAND DETAILS

LAND ACRES

1.31 AC

LAND SF

57,064 SF

ZONING

C1-1

APN/PARCEL ID

2138-006-044

ASK ABOUT THIS PROPERTY

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

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

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