Description

This rare mixed-use commercial offering is located in an “Opportunity Zone”, where private investments, under certain conditions, may be eligible for capital gain tax incentives. The property is located at a major signalized intersection in the City of Van Nuys and enjoys 135 Ft frontage on busy Sepulveda Boulevard and 100 Ft frontage Vanowen Street. The center is anchored by a Domino’s Pizza, who is also in negotiation to lease the vacant contiguous space for restaurant dining. This unique property offers a savvy investor the ability to renegotiate long term month-month leases. The property is also located in a HUBZone, which is an SBA program fueling small business growth with a goal of awarding at least three percent of federal contract dollars to HUBZone-certified companies each year. With tremendous upside potential, the new Buyer stands to benefit from greater returns both in the immediate term through increased cashflow and in the long-run through capital gain tax incentives. Seller will guaranty rental income from vacancies up to six months after close of escrow.

Address

6801 Sepulveda Boulevard, Van Nuys, CA, USA
United States
Los Angeles
Van Nuys
91406

Additional Details

For Sale
10,140
1986
13,431
2234-024-044

Features

Property Video

Location On Map

Contact Agent

Mixed-Use Commercial Property

Ash Joshi

CEO

Login