Paley Commercial Real Estate recently listed the property where Guitar Merchant was formerly located “For Sale or Lease.” After nearly two decades of business, the retailer and music venue, moved out of their original location on Topanga Canyon in Canoga Park. After months of attempting to Lease the space “as is,” the Landlord decided to consult with Paley Commercial and get their advice on their vacancy problem. Jon and Camille advised the Landlord to remodel the space with some minor changes which would attract more qualified parties. They also advised the Owner that due to the size of the space and the large monthly rental rate, a business would more likely want to purchase the building rather than occupy it. The Landlord took Paley Commercial Real Estate’s advice and undertook the recommended work. In addition, they decided to list the property “For Sale or Lease” to allow either a Buyer or Tenant the opportunity to occupy the building. Click here to view the listing.
Allow Paley Commercial Real Estate to step in and solve your vacancy problem. With over 30 years of business and hundreds of transactions throughout the San Fernando Valley, our team is able to provide a individualized plan catered to each and every client’s unique needs. Paley Commercial utilizes their vast knowledge and honesty to help Landlords make the most informed choices for their investment. Whether strategizing on how to handle existing obstacles or working towards long-term goals, Paley Commercial Real Estate can offer their support in a verity of ways. Please call or email us today for a free property assessment.