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Shopping Strip

12445 Moorpark St

12445 Moorpark St, Los Angeles, CA 91604

Listing Price: $2,495,000

Cap Rate
4.18%
Gross SF
5,487
Rentable SF
5,487
Price/Gross SF
$454.71
Lot Size
0.18 acres
Year Built
1967

Investment Overview

A 100% occupied value-add multi-tenant strip center ideally located one parcel east of the highly trafficked NE signalized intersection of Moorpark Street and Whitsett Avenue in the high-end, affluent East San Fernando Valley submarket of Studio City, CA. Marcus & Millichap has been selected to exclusively represent for sale 12445 Moorpark Street a 5,487 square foot two-story strip center situated on 7,720 square feet of land in Studio City, CA. The subject property is located one parcel east of the highly trafficked NE signalized intersection of Moorpark Street and Whitsett Avenue, which features average daily traffic counts of 21,913 vehicles per day. The building is demised into five spaces, with an ideal average suite size of 1,097 square feet. The two-story building features four ground floor units totaling 4,187 square feet and one second story unit consisting of 1,300 square feet. The property also features a two sided billboard that generates additional income.

Investment Highlights

  • 100% occupied value-add strip center centrally located in the high-end, affluent East San Fernando Valley submarket of Studio City, CA
  • Ideal unit sizes averaging 1,097 square feet
  • The subject property features 10 on-site parking spaces in the front of the property

Exclusively Listed By

Financing By

Shopping Strip

12445 Moorpark St

Listing Price: $2,495,000

Cap Rate
4.18%
Gross SF
5,487
Rentable SF
5,487
Price/Gross SF
$454.71
Lot Size
0.18 acres
Year Built
1967

Investment Highlights

  • 100% occupied value-add strip center centrally located in the high-end, affluent East San Fernando Valley submarket of Studio City, CA
  • Ideal unit sizes averaging 1,097 square feet
  • The subject property features 10 on-site parking spaces in the front of the property

Investment Overview

A 100% occupied value-add multi-tenant strip center ideally located one parcel east of the highly trafficked NE signalized intersection of Moorpark Street and Whitsett Avenue in the high-end, affluent East San Fernando Valley submarket of Studio City, CA. Marcus & Millichap has been selected to exclusively represent for sale 12445 Moorpark Street a 5,487 square foot two-story strip center situated on 7,720 square feet of land in Studio City, CA. The subject property is located one parcel east of the highly trafficked NE signalized intersection of Moorpark Street and Whitsett Avenue, which features average daily traffic counts of 21,913 vehicles per day. The building is demised into five spaces, with an ideal average suite size of 1,097 square feet. The two-story building features four ground floor units totaling 4,187 square feet and one second story unit consisting of 1,300 square feet. The property also features a two sided billboard that generates additional income.

Exclusively Listed By

Financing By

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