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10670-10690 Balboa Blvd
Granada Hills, CA 91344
Retail Property For Sale

PROPERTY FACTS

Property Type
Retail
Property Subtype
Storefront
Building Size
10,914 SF
Building Class
C
Year Built
1986
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.50
Lot Size
0.50 AC
Zoning
C2-1
Parking
21 Spaces (1.9 Spaces per 1,000 SF Leased)
Frontage
146’ on Balboa Blvd

AMENITIES

  • Pylon Sign
  • Signage
  • Signalized Intersection

ABOUT 10670-10690 BALBOA BLVD , GRANADA HILLS, CA 91344

Granada Hills Retail Strip - Leasehold Interest Marcus & Millichap is pleased to present for sale the Leasehold Interest (improvements only) located at 10670-10690 Balboa Boulevard in Granada Hills, California 91344. At an extremely attractive CAP rate of 11.45 percent and a highly competitive price per square foot of only $129, this property will provide the new owner with a large amount of cash flow through the end of the Ground Lease (January 31, 2033). Anchored by 7-Eleven, Subway, and Metro PCS, this property is located in the highly desirable San Fernando Valley neighborhood of Granada Hills. Average household income and population in three-mile radius $95,000 and 152,000 respectively. Adding to this property's appeal is a Billboard that provides income while requiring no square footage.

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
2684-001-039
Land Assessment
$1,760,313
Improvements Assessment
$3,016,159
Total Assessment
$4,776,472
  • Listing ID: 5438146

  • Date on Market: 1/12/2017

  • Last Updated:

  • Address: 10670-10690 Balboa Blvd, Granada Hills, CA 91344

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