Attractive 1950's Bow Truss Roof Manufacturing / Warehouse Building, Fire Sprinklers, Abundant Electrical Service, Earthquake Retrofit, Minimal Offices. 28 Car On Site Parking.
Rare Small Building For Sale. Upgraded Offices. Fire Sprinkler System. Abundant Electrical Service. Eight (8) on site Parking.
1130 North Maclay Avenue is ideally located just on Maclay Avenue just south west of 8th Street in the city of San Fernando, CA. The property sits less than one half mile away from the 210 Freeway. 1130 North Maclay Avenue is well located within a densely populated submarket, with an immediate population upwards of 193,000 people within a three mile radius. The 2013 average household income was $63,000 within a three mile radius. The property benefits from excellent visibility and frontage. There are approximately ten parking spaces to the front of the building
Price Upon Req.59,600 SF
**OFFERS ARE NOW DUE FOR THIS PROPERTY AS OF 5/12/16** *100% LEASED CLASS "A" INDUSTRIAL BUILDING FOR SALE* CBRE, Inc. is pleased to present to the market the opportunity to acquire the fee simple interest in 525 Park Avenue, San Fernando, CA ("The Property"), an extremely desirable Class A industrial building located within the core of one of the most desirable industrial real estate markets in the country: the San Fernando Valley. The Property is 100% leased to two tenants at significantly below-market rents executed during the Great Recession, providing an investor with great upside potential for future cash flow and equity appreciation. Year 1 NOI: $377,309* *using current property taxes. Call Brokers for complete Investment Offering Memorandum and ARGUS analysis.