Office Warehouse
14117 Bessemer St
14117 Bessemer St, Van Nuys, CA 91401
Listing Price: $1,975,000
Investment Overview
Marcus & Millichap is pleased to present 14117-14123 Bessemer Street, a premier single-tenant/owner-user industrial property offering approximately 4,904 square feet in the highly sought after Van Nuys submarket. This strategically located property sits on a 0.14-acre M2-2 zoned parcel and features a bow truss ceiling with a generous warehouse clear height ranging from 12’ to 19’. Key attributes include one grade-level loading door, 120/240V 3 Phase Power, and a detached office building of 504 square feet, divided into two offices and a restroom. The open warehouse layout includes two restrooms in the southeast corner, along with six skylights that flood the space with natural light. A fenced, concrete parking lot accommodates up to five vehicles.
14117-14123 Bessemer Street will be delivered vacant at the close of escrow allowing an owner/user or investor to capitalize on a dense infill submarket with extremely tight vacancy rates and strong historical YOY rent growth. This is an exceptional opportunity for an owner-user to acquire and immediately occupy the space. Attractive 90% LTV SBA financing is available for qualified buyers. Alternatively, a value-add investor has the ability to secure an asset in a high-demand submarket and stabilize it at market rent.
Located near major employers, including prominent entertainment studios, 14117-14123 Bessemer Street benefits from strong local demand, supported by compelling demographics—684,231 residents and an average household income of $107,217 within a 5-mile radius. Additionally, the property enjoys excellent freeway access, situated just 2.1 miles from the 405 Freeway and 2.2 miles from the 101 Freeway.
Investment Highlights
- Rare Single Tenant/Owner-User Industrial Warehouse Opportunity | Delivered Vacant at COE
- Abundant Natural Light | 6 Skylights Throughout the Warehouse
- Versatile M2 Underlying Zoning | Wide Array of Permitted Industrial/Commercial Uses
- 12' – 19' Warehouse Clearance | 120/240 V 3P Power | 1 x Ground Level Loading Door
- Secure Privately Gated Parking/Loading Area | Accommodates up to 5 Parking Vehicles (~1.02/1,000 SF)
- Dense Infill Van Nuys Industrial Submarket | Sub 3% Market Vacancy
- Central Valley Location with Easy Freeway Access | 2.1 Miles from the 405 Freeway & 2.2 Miles from the 101 Freeway | 4.6 Miles from Van Nuys Airport
- Diverse Economic Base | Industries such as Manufacturing, Technology, Entertainment, and Aerospace | Access to Skilled Workforce
Listing Price: $1,975,000
Investment Highlights
- Rare Single Tenant/Owner-User Industrial Warehouse Opportunity | Delivered Vacant at COE
- Abundant Natural Light | 6 Skylights Throughout the Warehouse
- Versatile M2 Underlying Zoning | Wide Array of Permitted Industrial/Commercial Uses
- 12' – 19' Warehouse Clearance | 120/240 V 3P Power | 1 x Ground Level Loading Door
- Secure Privately Gated Parking/Loading Area | Accommodates up to 5 Parking Vehicles (~1.02/1,000 SF)
- Dense Infill Van Nuys Industrial Submarket | Sub 3% Market Vacancy
- Central Valley Location with Easy Freeway Access | 2.1 Miles from the 405 Freeway & 2.2 Miles from the 101 Freeway | 4.6 Miles from Van Nuys Airport
- Diverse Economic Base | Industries such as Manufacturing, Technology, Entertainment, and Aerospace | Access to Skilled Workforce
Investment Overview
Marcus & Millichap is pleased to present 14117-14123 Bessemer Street, a premier single-tenant/owner-user industrial property offering approximately 4,904 square feet in the highly sought after Van Nuys submarket. This strategically located property sits on a 0.14-acre M2-2 zoned parcel and features a bow truss ceiling with a generous warehouse clear height ranging from 12’ to 19’. Key attributes include one grade-level loading door, 120/240V 3 Phase Power, and a detached office building of 504 square feet, divided into two offices and a restroom. The open warehouse layout includes two restrooms in the southeast corner, along with six skylights that flood the space with natural light. A fenced, concrete parking lot accommodates up to five vehicles. 14117-14123 Bessemer Street will be delivered vacant at the close of escrow allowing an owner/user or investor to capitalize on a dense infill submarket with extremely tight vacancy rates and strong historical YOY rent growth. This is an exceptional opportunity for an owner-user to acquire and immediately occupy the space. Attractive 90% LTV SBA financing is available for qualified buyers. Alternatively, a value-add investor has the ability to secure an asset in a high-demand submarket and stabilize it at market rent. Located near major employers, including prominent entertainment studios, 14117-14123 Bessemer Street benefits from strong local demand, supported by compelling demographics—684,231 residents and an average household income of $107,217 within a 5-mile radius. Additionally, the property enjoys excellent freeway access, situated just 2.1 miles from the 405 Freeway and 2.2 miles from the 101 Freeway.