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6801 Van Nuys Blvd
Van Nuys, CA 91405 Van Nuys

$3,500,000 USD

Freestanding For Sale  •  5,860 SF

Property Details

  • Property Type Freestanding
  • Total Building Size 5,860 SF
  • Lot Size 0.3 AC
  • Building Class C
  • Year Built 1990
  • Tenancy Single
  • Zoning LAC2
53 Transit Score
88 Walk Score

Highlights

PLS Financial Services, Inc. (PLS) is one of the largest check cashing companies with over 200 locations in twelve (12) states.
The company offers a variety of financial services including, Check Cashing, Money Orders, Bill Payment, Motor Vehicle, Tax Prep and Money Transfers.
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. Furthermore, the current rents are below market rates.
PLS has successfully operated at this location since 2015.

Amenities

  • Bus Line
  • Signage
  • Signalized Intersection

Public Transportation

Commuter RailDriveWalkDistance
Van Nuys (Ventura County Line - Southern California Regional Rail Authority (Metrolink)) 4 min - 1.6 mi
Burbank-Bob Hope Airport (Ventura County Line - Southern California Regional Rail Authority (Metrolink)) 13 min - 5.6 mi
AirportDriveWalkDistance
Bob Hope 11 min - 5.7 mi
Los Angeles International 30 min - 21.1 mi
Long Beach (Daugherty Field) 49 min - 38.6 mi

Parking Details

Parking Available: Yes
Reserved: No
Spaces Provided: 15
Type: Surface
Included in Rent: Yes
Patrick Wade 818-259-0476 CBRE, Inc.
Patrick Wade 818-259-0476 CBRE, Inc.