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19456 Nordhoff St 13,175 SF Retail Building Northridge, CA 91324 $6,500,000 ($493.36/SF) 5.75% Cap Rate
Executive Summary
True NNN Investment with no Landlord responsibility. Unleased Brands guaranteed Swim School and Children's Learning Center are the two tenants. Unleashed Brands is a multi-unit, Nationally recognized operator of learning facilities. Perfect for 1031 Exchange.
Property Facts
Sale Type
Investment NNN
Sale Condition
1031 Exchange
Property Type
Retail
Property Subtype
Building Size
13,175 SF
Building Class
B
Year Built
1974
Price
$6,500,000
Price Per SF
$493.36
Cap Rate
5.75%
NOI
$373,750
Tenancy
Single
Building Height
1 Story
Building FAR
0.23
Lot Size
1.31 AC
Zoning
C4-1 - C4-1
Parking
68 Spaces (5.16 Spaces per 1,000 SF Leased)
Amenities
- Pylon Sign
- Signage
Major Tenants
- Tenant
- Industry
- SF Occupied
- Rent/SF
- Lease End
-
- Educational Services
- -
- -
- -
Water Wings Swim School began in 2003 when founders Avi and Tracy Shafshak opened their first Nevada location. The company operates year-round indoor facilities across multiple states. Their services include parent-child classes, competitive swimming programs, and adult lessons. The school also provides specialty offerings like birthday parties and summer camps. Water Wings maintains membership in the United States Swim School Association.
| Tenant | Industry | SF Occupied | Rent/SF | Lease End | ||
|
|
Educational Services | - | - | - |
Moderately walkable
60/100
Exceptionally drivable
90/100
Limited public transit
30/100
Fairly bikeable
40/100
Nearby Major Retailers
Property Taxes
| Parcel Number | 2783-028-044 | Improvements Assessment | $2,016,295 |
| Land Assessment | $3,767,288 | Total Assessment | $5,783,583 |
Property Taxes
Parcel Number
2783-028-044
Land Assessment
$3,767,288
Improvements Assessment
$2,016,295
Total Assessment
$5,783,583
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19456 Nordhoff St
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