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Re-Positioning Opportunity – Van Nuys

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Re-Positioning Opportunity – Van Nuys

6609 Van Nuys Blvd

Van Nuys, CA 91405

Rentable SQFT:
90,000 SF
Year Built:
1951
Lot Size:
2.09 Acres
Status:
Available

Investment Highlights

The subject property is 90,000 ft.², which includes thirty thousand square feet (30,000 sq. ft.) in the basement, thirty thousand square feet (30,000 sq. ft.) in the first floor (street level), and thirty thousand square feet (30,000 sq. ft.) in the upper level.

There are currently two Tenants ready to sign leases for this property. These two tenants will take the entire lower level (basement) and upper floor. They will also take approx. 3000 ft.² lobby in the first floor. They have offered to pay $2.00/SF NNN. The basement Tenant will pay $1.15 per square foot and provide $4 million to improve the building.

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    The information contained on this website is proprietary and strictly confidential. It is intended to be reviewed only by the party receiving it from NNN Fitness and distribution to any other person or entity without the express written consent of NNN Fitness is strictly prohibited. This website provides summary, unverified information to prospective purchasers, and has been prepared to establish only a preliminary level of interest in the subject property. The information contained herein is not a substitute for a thorough due diligence investigation. NNN Fitness has not made any investigation, and makes no warranty or representation, with respect to the income or expenses for the subject property, the future projected financial performance of the property, the size and square footage of the property and improvements, the presence or absence of contaminating substances, PCB’s or asbestos, the compliance with State and Federal regulations, the physical condition of the improvements thereon, or the financial condition or business prospects of any tenant, or any tenant’s plans or intentions to continue its occupancy of the subject property. NNN Fitness has not made any investigation, and makes no representation or warranty, that the information on this website has not changed since it was originally prepared and posted. The information contained on this website has been obtained from sources we believe to be reliable; however, NNN Fitness has not verified, and will not verify, any of the information contained herein, nor has NNN Fitness conducted any investigation regarding these matters and makes no warranty or representation whatsoever regarding the accuracy or completeness of the information provided. All potential buyers must take appropriate measures to verify all of the information set forth herein.

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For more information, please contact:

Mark Thiel

Senior Managing Director Investments

858-373-3206

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