Mission Hills, CA Retail Commercial Real Estate
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Mission Hills 91345
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Price
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9900 Sepulveda Boulevard
9900 Sepulveda Blvd
Mission Hills, Mission Hills, CA
CVS corporate absolute NNN lease - zero landlord responsibilities
±9.5 years remaining on initial 25 year lease term
Built in rent increases - 10% increase on 04/15/2022 and 5% increases x each 5-yr. option (6)
Fee simple ownership (land & bldg.) - tax benefit potential with depreciation of improvements
Sale:
$9,168,000
$9,168,000
More info
15422 Devonshire Street
15422 Devonshire St
Mission Hills, Mission Hills, CA
Lot Size:0.06Acres
We are pleased to present 15422 Devonshire Street in Mission Hills, California. The property is a 2-unit retail building approximately 1,875 square feet in size and situated on 2,628 square feet of land. Property was previously used as a single tenant dispensary, but it is currently vacant and is ideal for an investor or owner-user looking for an affordable building in prime location.The building is located near the signalized intersection of Devonshire and Sepulveda, which boast a combined traffic count of over 60,000 vehicles per day (31,000 for Devonshire & 29,900 for Sepulveda). Moreover, this intersection is the first primary intersection as you exit Devonshire Street from the 405-Freeway, making the building about 300-yards from the freeway. The property is surrounded by national retailers and two neighborhood centers, which including Vons, Target, Ross Dress for Less and a myriad of other national brands.The property has parking in the rear, and the although the spaces are unmarked, appears to have room for about 6 vehicles, giving the property a 3 to 1 parking ratio. Entrance to the parking can be accessed from the adjacent shopping center through Devonshire or through the alley on Langdon Avenue.At a price point of $795,000 this is one of the most affordable properties you can purchase in Los Angeles County in such a prime location.
Sale:
$795,000
$795,000
0.06Acres
15534 Devonshire Street
15534 Devonshire St
Mission Hills, Mission Hills, CA
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11109 Sepulveda Boulevard
11109 Sepulveda Blvd
Mission Hills, Mission Hills, CA
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15426 Chatsworth Street
15426 Chatsworth St
Mission Hills, Mission Hills, CA
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15460 Devonshire Street
15460 Devonshire St
Mission Hills, Mission Hills, CA
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15416-15420 1/2 Devonshire St.
15420 Devonshire St
Mission Hills, Mission Hills, CA
Storefront at Mission Hills Center with High Traffic Counts;Ideal for Retail Business, Showroom or Office;Month-To-Month Tenancy Available;No NNN or CAM Charges;These premises cannot be used for the sale or or growing of any organic plant material of any type. No marijuana, no dispensaries, no collectives.
Located on busy Devonshire St. adjacent to Sepulveda Blvd.; Across the street from Von's, Rite Aid, Ralph's, B of A and Chase banks in the heart of Mission Hills. Close access to the 118 Reagan Fwy. and the 405 San Diego Fwy.
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Market Stats
Mission Hills has 23 commercial real estate spaces for lease, representing 51,238 sqft space. 5 buildings are available for sale.
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