7638 deering ave
PRICE
BUILDING SIZE
Canoga Park, CA 91304
$4,000,000
14,824 SF
LOT SIZE
30,001 SF
PRICE PER SF
PRO FORMA CAP RATE
ZONING
$270
7.10%
MR1-1VL
The Brandon Michaels Group of Marcus & Millichap has been selected to exclusively market for sale 7638 Deering Avenue, a 14,824 square foot value-add multi-tenant small bay industrial property situated on 30,001 square feet of land zoned MR-1 in Canoga Park, CA. The subject property is located on Deering Avenue, just north Saticoy Street, just east of Variel Ave and just west of Canoga Ave in the heart of Canoga Park, CA. The property sits one block east of the Orange Line Busway.
Canoga Park value-add small bay multi-tenant industrial situated on 30,001 square feet of land with ideal unit sizes averaging 3,000 square feet
Currently 100% occupied with an average rent of $0.53/SF with tenants operating on a month-to-month basis
Population of more than 41,675 people within one mile of the subject property, 220,771 people within three miles, and 431,495 people within five miles
OFFERING MEMORANDUM
BRANDON MICHAELS
(818) 212-2794
bmichaels@marcusmillichap.com
License # 01434685