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16102-16116 Hart St
Van Nuys, CA 91406 Van Nuys

$4,175,000 USD

Warehouse For Sale  •  14,678 SF

Property Details

  • Property Type Warehouse
  • Total Building Size 14,678 SF
  • Lot Size 0.5 AC
  • Building Class C
  • Year Built 1989
  • Cap Rate 5.76 %
  • Tenancy Multiple
  • Zoning QMR1
40 Transit Score
60 Walk Score

Highlights

Fully occupied 14,678 SF industrial property with eight functional units, providing immediate cash flow and stability.
Built-in rent growth through contractual annual escalations and in-place CAP rate of 5.76%, trending to 6.12% in Year 2.
Highly functional specifications including 14-foot clear heights, heavy power (2,400 amps, 3-phase), ground-level loading, and 100% climate control.
Favorable infill location with convenient access to the 405, 101, and 118 freeways and less than one mile from Van Nuys Airport.
Zoning flexibility (QMR1-1 & QP-1) accommodating a broad spectrum of industrial and commercial uses.
Cap Rate: 5.76 %

Major Tenants

Tenant SF Occupied Lease End Date
12131 Saticoy Villas
18550 Strathern Inc
91 Enterprise LLC
Aci Medical Supply
Creative Character Engineering
First Healthcare Inc
Jaavs
Land Of Peace Hospice
Lerman Appliances
V&A Construction, Inc. 5/20/2015

Amenities

  • Fenced Lot
  • Air Conditioning

Public Transportation

Commuter RailDriveWalkDistance
Van Nuys (Ventura County Line - Southern California Regional Rail Authority (Metrolink)) 7 min - 3.3 mi
Northridge (Ventura County Line - Southern California Regional Rail Authority (Metrolink)) 11 min - 5.8 mi
AirportDriveWalkDistance
Bob Hope 15 min - 7.4 mi
Los Angeles International 28 min - 20.8 mi

Parking Details

Parking Available: Yes
Reserved: No
Spaces Provided: 29
Type: Surface
Included in Rent: Yes
Brin Hamblin 818-212-2776 Agnew | Serling Group
Brin Hamblin 818-212-2776 Agnew | Serling Group