Investment Overview

Marcus & Millichap is pleased to present 14768-70 Calvert Street, an approximate 4,950 square foot, single-tenant/owner-user industrial warehouse located in prime Van Nuys. Situated on a +/- 0.15-acre M2-1 zoned parcel, the property features an approximate 12-foot warehouse clearance, one grade level loading door, and a fenced, concrete parking lot in the front of the property (parking for 4+ cars). The office build-out is approximately 990 square feet and the warehouse area currently is demised into four smaller rooms (10’ clear);however, the demising walls are non-load bearing allowing a buyer the ability to open the warehouse. 14768-70 Calvert Street will be delivered vacant at closing allowing an owner/user or investor to capitalize on a dense infill submarket with extremely tight vacancy rates and strong historical YOY rent growth. Proximity to major employers including the entertainment studios coupled with excellent demographics, 718,286 population and $96,806 average household income within a 5-mile radius, continue to drive demand in the area. Additionally the property benefits from having great freeway access, and is only 1.3 Miles from the e 405 Freeway and 2.1 Miles from the 101 Freeway.