6801 Van Nuys Blvd - Freestanding FOR SALE
Van Nuys, CA 91405 |
$3,500,000 USD
818-259-0476
6801 Van Nuys Blvd
Van Nuys, CA 91405
HIGHLIGHTS
- PLS Financial Services, Inc. (PLS) is one of the largest check cashing companies with over 200 locations in twelve (12) states.
- The subject property is a passive Single Tenant Net Leased investment on a highly prominent corner in Urban Los Angeles.
- The property, sits on .30 acres, consists of a single story (1) freestanding building totaling 5,811 sq. ft. with ample parking.
- The PLS lease includes structured increases of 2.5% annually, providing an inflation hedge.
- Lease is thoughtfully structured to allow NNN reimbursement by Tenant, along with a fifteen percent (15%) administrative fee reimbursement on CAMS.
- PLS has successfully operated at this location since 2015.
FOR SALE DETAILS
PRICE
$3,500,000 USD
PRICE/SF
$597 USD /SF
CAP RATE
5.44%
% LEASED
-
TENANCY
Single
SALE TYPE
Investment
BUILDING DETAILS
PROPERTY NAME
PLS Financials Services
PROPERTY TYPE
Retail
PROPERTY SUBTYPE
Freestanding
ADD'L SUBTYPES
Storefront
TOTAL BUILDING SIZE
-
STORIES
1
YEAR BUILT
1990
SPRINKLERS
-
PARKING SPACES
15
LAND DETAILS
LAND ACRES
0.3 AC
LAND SF
13,229 SF
ZONING
LAC2
APN/PARCEL ID
2219-025-030
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818-259-0476
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818-259-0476
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