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Shopping Auto Center

Multi-Tenant Auto-Center

14444 Lanark St, Los Angeles, CA 91402

Listing Price: $2,950,000

Cap Rate
0.80%
Gross SF
7,094
Rentable SF
7,094
Price/Gross SF
$415.84
Lot Size
0.40 acres
Year Built
1968

Investment Overview

14444 Lanark Street is a nine (9) bay value-add multi-tenant auto repair property 100% occupied by two (2) seasoned tenants, both on month to month leases. Because of their short-term leases, the property is ideal for an owner-user looking to occupy a portion or all of the property or a value-add investor looking to reposition the property with market rent paying tenants.

Investment Highlights

  • 14444 Lanark Street is a nine (9) bay value-add multi-tenant auto repair property 100% occupied by two (2) seasoned tenants, both on month to month leases.
  • Van Nuys Boulevard is a highly trafficked north-south commercial corridor connecting Panorama City to Sherman Oaks to the south with more than 44,000 vehicles of traffic per day.
  • The property is ideal for an owner-user looking to occupy a portion or all of the property or a value-add investor looking to reposition the property with market rents.

Exclusively Listed By

Financing By

Shopping Auto Center

Multi-Tenant Auto-Center

Listing Price: $2,950,000

Cap Rate
0.80%
Gross SF
7,094
Rentable SF
7,094
Price/Gross SF
$415.84
Lot Size
0.40 acres
Year Built
1968

Investment Highlights

  • 14444 Lanark Street is a nine (9) bay value-add multi-tenant auto repair property 100% occupied by two (2) seasoned tenants, both on month to month leases.
  • Van Nuys Boulevard is a highly trafficked north-south commercial corridor connecting Panorama City to Sherman Oaks to the south with more than 44,000 vehicles of traffic per day.
  • The property is ideal for an owner-user looking to occupy a portion or all of the property or a value-add investor looking to reposition the property with market rents.

Investment Overview

14444 Lanark Street is a nine (9) bay value-add multi-tenant auto repair property 100% occupied by two (2) seasoned tenants, both on month to month leases. Because of their short-term leases, the property is ideal for an owner-user looking to occupy a portion or all of the property or a value-add investor looking to reposition the property with market rent paying tenants.

Exclusively Listed By

Financing By

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