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Storefront Retail Office For Sale • 13,208 SF
| A highly prominent and passive two-tenant retail center investment. Occupied by the nationally recognized investment-grade tenant, DaVita (DVA-NYSE). |
| Spread over 1.2 acres, consists of two (2) buildings totaling 18,296 sq. ft. and seventy (70) parking spaces. |
| The DaVita lease includes structured increases of 2.5% annually and 15% every five (5) years for the Gallo Giro lease, providing an inflation hedge. |
| The property features long-term leases with optimal NNN lease structures. Leases are thoughtfully structured to allow NNN reimbursement by tenants. |
| Centrally located in Van Nuys, the asset contains an ideal consumer base in a densely populated area. |
| The immediate surrounding vicinity consists of robust trade area with over 46,400 residents within a 1-mile radius. |
| Commuter Rail | Drive | Walk | Distance |
|---|---|---|---|
| Van Nuys (Ventura County Line - Southern California Regional Rail Authority (Metrolink)) | 3 min | 15 min | 0.8 mi |
| Burbank-Bob Hope Airport (Ventura County Line - Southern California Regional Rail Authority (Metrolink)) | 14 min | - | 6.0 mi |
| Airport | Drive | Walk | Distance |
| Bob Hope | 13 min | - | 5.1 mi |
| Los Angeles International | 32 min | - | 22.2 mi |
| Long Beach (Daugherty Field) | 51 min | - | 39.6 mi |
| Parking Available: | Yes |
| Reserved: | No |
| Spaces Provided: | 70 |
| Type: | Surface |
| Included in Rent: | Yes |
