6020 CANOGA AVE
PRICE
BUILDING SIZE
WOODLAND HILLS, CA 91367
$5,500,000
4,896 SF
LOT SIZE
15,838 SF
CAP RATE
6.35%
CAP RATE 2025
6.54%
ZONING
(WC) DOWNTOWN SN
The Brandon Michaels Group of Marcus & Millichap has been selected to exclusively market for sale 6020 Canoga Avenue, a 4,896 square foot two tenant freestanding NNN retail property occupied by Tomoya Sushi & Izakaya and Premier America Credit Union. The property is situated on 0.36 acres of land (15,838SF) ideally located directly across from the future Los Angeles Rams practice facility and headquarters and a massive mixed-use developemnt in the rapidly expanding Warner Center of Woodland Hills, CA
Freestanding Two Tenant 100% Occupied NNN Retail Ideally Located in a Prime Warner Center, CA Location Directly Across from the Future Los Angeles Rams Training Facility and Headquarters and a Massive Mixed-Use Development
Stable and Seasoned Tenancy with an Average Occupancy of 18.2 Years and a Weighted Average Least Term of 5.2 Years Offered at a 6.35% CAP Rate that Increases to a 6.54% CAP Rate in 2025
Prime Warner Center Location Ideally Positioned Amongst a Sea of Development with More than 3,500 Units Delivered since 2013 and an Additional 5,700 Units Under Construction or in Planning
OFFERING MEMORANDUM
BRANDON MICHAELS
(818) 212-2794
bmichaels@marcusmillichap.com
License # 01434685