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14117-14123 Bessemer St 4,904 SF 100% Leased Industrial Building Van Nuys, CA 91401 $1,799,000 ($366.84/SF)
Investment Highlights
- Rare Single Tenant/Owner-User Industrial Warehouse Opportunity | Delivered Vacant at COE
- Versatile M2 Underlying Zoning | Wide Array of Permitted Industrial/Commercial Uses
- Secure Privately Gated Parking/Loading Area | Accommodates up to 5 Parking Vehicles (~1.02/1,000 SF)
- Abundant Natural Light | 6 Skylights Throughout the Warehouse
- 12’ – 19’ Warehouse Clearance | 120/240 V 3P Power | 1 x Ground Level Loading Door
- Dense Infill Van Nuys Industrial Submarket | Sub 3% Market Vacancy
Executive Summary
PRICE JUST REDUCED!
Marcus & Millichap is pleased to present for sale or lease to purchase, 14117-14123 Bessemer Street, a premier single-tenant/owner-user industrial property offering approximately 4,904 square feet in the highly sought after Van Nuys submarket. This strategically located property sits on a 0.14-acre M2-2 zoned parcel and features a bow truss ceiling with a generous warehouse clear height ranging from 12’ to 19’. Key attributes include one grade-level loading door, 120/240V 3 Phase Power, and a detached office building of 504 square feet, divided into two offices and a restroom. The open warehouse layout includes two restrooms in the southeast corner, along with six skylights that flood the space with natural light. A fenced, concrete parking lot accommodates up to five vehicles.
**This property is also available on a Lease-to-Purchase basis. Asking rate of $1.75/SF/Month | Modified Gross.**
14117-14123 Bessemer Street will be delivered vacant at the close of escrow allowing an owner/user or investor to capitalize on a dense infill submarket with extremely tight vacancy rates and strong historical year over year rent growth. This is an exceptional opportunity for an owner-user to acquire and immediately occupy the space. Attractive 90% LTV SBA financing is available for qualified buyers. Alternatively, a value-add investor has the ability to secure an asset in a high-demand submarket and stabilize it at market rent.
Marcus & Millichap is pleased to present for sale or lease to purchase, 14117-14123 Bessemer Street, a premier single-tenant/owner-user industrial property offering approximately 4,904 square feet in the highly sought after Van Nuys submarket. This strategically located property sits on a 0.14-acre M2-2 zoned parcel and features a bow truss ceiling with a generous warehouse clear height ranging from 12’ to 19’. Key attributes include one grade-level loading door, 120/240V 3 Phase Power, and a detached office building of 504 square feet, divided into two offices and a restroom. The open warehouse layout includes two restrooms in the southeast corner, along with six skylights that flood the space with natural light. A fenced, concrete parking lot accommodates up to five vehicles.
**This property is also available on a Lease-to-Purchase basis. Asking rate of $1.75/SF/Month | Modified Gross.**
14117-14123 Bessemer Street will be delivered vacant at the close of escrow allowing an owner/user or investor to capitalize on a dense infill submarket with extremely tight vacancy rates and strong historical year over year rent growth. This is an exceptional opportunity for an owner-user to acquire and immediately occupy the space. Attractive 90% LTV SBA financing is available for qualified buyers. Alternatively, a value-add investor has the ability to secure an asset in a high-demand submarket and stabilize it at market rent.
Property Facts
Amenities
- Fenced Lot
- Skylights
Walk Score®
Very Walkable (79)
Property Taxes
| Parcel Number | 2240-023-014 | Improvements Assessment | $84,061 |
| Land Assessment | $41,152 | Total Assessment | $125,213 |
Property Taxes
Parcel Number
2240-023-014
Land Assessment
$41,152
Improvements Assessment
$84,061
Total Assessment
$125,213
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14117-14123 Bessemer St
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