The Brandon Michaels Group of Marcus & Millichap, as Exclusive Advisor, is pleased to present 816 San Fernando Road, a 19,744 square foot two story mixed-use retail and office building situated on 0.22 acres of land (9,916 SF), located at the SE signalized corner of San Fernando Road & S Brand Boulevard in the heart of downtown San Fernando, CA.
816 San Fernando Road is currently 97.2% occupied by a mix of retail and office tenants. The property is comprised of eight (8) ground floor arcade style retail units and fourteen (14) second floor office units totaling 15,947 SF of net rentable area. The ground floor retail units average 725 SF and the second-floor office units average 937 SF,
ideal unit sizes that are appealing to a variety of uses. A new owner will enjoy a seasoned tenancy that has occupied the property for an average of 11.52 years, with 51% of the existing tenant base successfully operating at this location for over 17 years. The current tenants are all on short term leases expiring within a year with the exception of
the dentist, who occupies unit 203, whose lease expires on 9/30/2028. This short-term tenancy provides flexibility for both an owner-user or value-add investor to occupy a portion of the building or reposition expiring leases with market rent paying tenants, respectively.
The subject property is at the highly visible signalized corner of San Fernando Road and S Brand Boulevard in the City of San Fernando’s highly pedestrian oriented downtown district. The property enjoys approximately 98 and 103 feet of frontage along San Fernando Road and S Brand Boulevard, respectively with a walk score of 95 (a “Walker’s Paradise” per CoStar). 816 San Fernando is also centrally positioned along the future East San Fernando Valley Metro light rail transit project. The property is 0.2 miles, a 4 min walk, from the San Fernando Road & Maclay Avenue station and will provide access south to the Orange Busway through Van Nuys.