7236 Reseda Blvd
Reseda, CA 91335 ·
6,480 SF · Retail For Sale
Discount Auto Service
|Building Size||6,480 SF||Property on Ground Lease?||Yes|
|Property Type||Retail||Year Built||1982|
|Lot Size||13,534 SF|
|Property Use Type||Vacant/Owner-User||Parking Ratio||13 / 1,000 SF|
|Cap Rate||11.71%||Zoning Description||Commercial|
|Listing ID: 14335546||Date Created: 09/14/2005||Last Updated: 05/05/2006|
Discount Auto Service -
This is a leasehold interest offered for sale and is subject to a 17 year remaining lease term. The annual ground rent is $54,636 and is adjusted every three years by the C.P.I. index. The property consists of six units with 9 bays, spray booth, and a 120 gallon compressor. The property is fully occupied and the tenants do a variety of auto machanic work and have one to two year remainin leases.
Discount Auto Service is included in the Reseda Commercial Facade Project of the CRA/LA and has been approve to undergo a Facade refurbishment very soon. It is located near a very busy intersection, two doors North of Sherman Way on Reseda Boulvard, in Reseda. It has great exposure and benefits from heavy traffic in the area ranging from over 15,400-17,300 in that intersection daily.
- Lots of exposure in high traffic area
- Great for owner/user business
- Low maintenance
- Easy to manage
- Existing Spray Booth with permit
- Part of refurbishment project
7236 Reseda Blvd, Reseda, CA 91335 (Los Angeles County)
Property Record Data - Historical Listings, current tax, mortgage, owners & tenant info for this property
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