Walking distance to CSUN
8,000 Square Foot Building
Fantastic Rehab Opportunity
29,000 Square Feet of Land
Large Common Area Parking Lot
$3,000,000 Cash or Cash to Loan
Prime Northridge location within close proximity to California State University Northridge and major retailers such as Vons, Chase, 99 Cents Only Stores, McDonalds, and Wells Fargo. Long-term tenants are on month-to-month leases allowing the buyer exceptional flexibility with the future direction of the property. This opportunity offers a great deal of immediate upside.
Paley Commercial Real Estate represented both Seller and Buyer in this transaction. The Buyer owns several properties throughout the San Fernando Valley and plans to use this an income investment. Given the over-sized lot in the rear of the premises, there is potential for development in the future.
If you need assistance with your Northridge property, please contact Jon or Camille Paley, your San Fernando Valley commercial real estate brokers.