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Granada Professional Plaza 17037 Chatsworth St 10,200 SF Office Building Granada Hills, CA 91344 $3,250,000 ($318.63/SF)
INVESTMENT HIGHLIGHTS
- Rare opportunity to acquire a pride of ownership office in prime Granada Hills
- Short term tenant leases allow maximum flexibility for owner occupant
- 10,200 SF property with income in place
- Incredible Granada Hills location on Chatsworth St with easy access to 118 and 405 Freeways
EXECUTIVE SUMMARY
PRICE REDUCED! First time ever on market - pride of ownership asset built by current owner!
NAI Capital Commercial is pleased to present 17037 Chatsworth St, a rare opportunity to acquire a beautifully maintained commercial office building in the desirable community of Granada Hills. The approximately 10,200 SF two-story office is situated on prime Chatsworth St, near the signalized corner of Chatsworth St and Balboa Blvd. it is currently 93% occupied with a total of 15 units, all of which are currently on short term leases. An incoming owner user or investor will be able to enjoy maximum flexibility to either increase current tenants to market rent, or vacate units for their own use if desired. Owner users seeking to occupy 51% or more of the rentable building area may qualify for SBA financing with as little as 10% down payment.
17037 Chatsworth St was originally built in 1985 and is masonry construction. The multi-tenant property has a total of 29 parking spaces, 21 surface, 8 covered, with an excellent parking ratio of 2.84/1000. Tenants are generally long term, stable local businesses, with excellent tenure and strong rental upside. The property benefits from its excellent central location with strong frontage on Chatsworth St and easy access to the 118 and 405 Freeways.
NAI Capital Commercial is pleased to present 17037 Chatsworth St, a rare opportunity to acquire a beautifully maintained commercial office building in the desirable community of Granada Hills. The approximately 10,200 SF two-story office is situated on prime Chatsworth St, near the signalized corner of Chatsworth St and Balboa Blvd. it is currently 93% occupied with a total of 15 units, all of which are currently on short term leases. An incoming owner user or investor will be able to enjoy maximum flexibility to either increase current tenants to market rent, or vacate units for their own use if desired. Owner users seeking to occupy 51% or more of the rentable building area may qualify for SBA financing with as little as 10% down payment.
17037 Chatsworth St was originally built in 1985 and is masonry construction. The multi-tenant property has a total of 29 parking spaces, 21 surface, 8 covered, with an excellent parking ratio of 2.84/1000. Tenants are generally long term, stable local businesses, with excellent tenure and strong rental upside. The property benefits from its excellent central location with strong frontage on Chatsworth St and easy access to the 118 and 405 Freeways.
PROPERTY FACTS
Sale Type
Owner User
Property Type
Office
Building Size
10,200 SF
Building Class
B
Year Built
1985
Price
$3,250,000
Price Per SF
$318.63
Tenancy
Multiple
Building Height
2 Stories
Typical Floor Size
6,479 SF
Slab To Slab
11’
Building FAR
0.67
Lot Size
0.35 AC
Zoning
CR – 1VL - commercial
Parking
29 Spaces (2.84 Spaces per 1,000 SF Leased)
AMENITIES
- 24 Hour Access
- Security System
- Signage
1 1
Walk Score®
Very Walkable (80)
PROPERTY TAXES
| Parcel Number | 2696-030-030 | Improvements Assessment | $1,236,270 |
| Land Assessment | $562,446 | Total Assessment | $1,798,716 |
PROPERTY TAXES
Parcel Number
2696-030-030
Land Assessment
$562,446
Improvements Assessment
$1,236,270
Total Assessment
$1,798,716
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Granada Professional Plaza | 17037 Chatsworth St
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