1408 E Los Angeles Ave | Simi Valley, CA 93065
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- LoopNet Team
1408 E Los Angeles Ave
Simi Valley, CA 93065
Retail Property For Sale
INVESTMENT HIGHLIGHTS
- Strong franchisee with over 52 Arby’s and 224 franchised businesses nationwide
- Near other national tenants, including Vallarta Supermarkets, McDonald's, Bank of America, Burger King, Big 5 Sporting Goods and multiple others
- Large population with approximately 123,550 people and strong average household income of $121,000 in a 5-mile radius
- Across the street from and adjacent to multiple national anchored shopping centers including Simi Valley Plaza, Mountain Gate Plaza, Simi Valley Mrkt
PROPERTY FACTS
Property Type
Retail
Property Subtype
Fast Food
Building Size
2,900 SF
Building Class
B
Year Built/Renovated
1999/2017
Tenancy
Single
Building Height
1 Story
Building FAR
0.13
Lot Size
0.51 AC
Zoning
CPD
Parking
3 Spaces (3.98 Spaces per 1,000 SF Leased)
Frontage
99’ on E Los Angeles Ave
AMENITIES
- Pylon Sign
- Signage
- Drive Thru
ABOUT 1408 E LOS ANGELES AVE , SIMI VALLEY, CA 93065
A free-standing single-tenant property leased to Smart Management and Co, Inc. (a subsidiary of MarLu Investment Group) an Arby’s franchisee. Tenant completed a full renovation of the store in 2017 and executed a 10 year lease. Located along East Los Angeles Avenue. A short distance South of the Ronald Reagan Fwy. Ingress / egress on East Los Angeles Avenue.
PROPERTY TAXES
| Parcel Number | 632-0-020-425 | Improvements Assessment | $1,591,174 |
| Land Assessment | $844,298 | Total Assessment | $2,435,472 |
PROPERTY TAXES
Parcel Number
632-0-020-425
Land Assessment
$844,298
Improvements Assessment
$1,591,174
Total Assessment
$2,435,472
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