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20516 Devonshire St
Chatsworth, CA 91311
Retail Property For Sale
Investment Highlights
- Stabilized Neighborhood Multi-Tenant Retail Investment Opportunity in High Barriers to Entry San Fernando Valley
- Most of the tenants are on NNN leases with significant amount of term remaining.
- Subject Property is immediately adjacent to several grocery and drugstore-anchored shopping centers, gas stations, and financial service providers.
- Investment Grade Tenancy - The strip center is 100% occupied by Starbucks, BMO Harris Bank N.A., Western Bagel, and Confluent Health.
- Subject Property contains a well-balanced and synergistic mix of tenants in an approximately 9,000 sq. ft. building on over 30,300 sq. ft. of land.
- The property is situated on the hard-signalized corner of Devonshire Street and Mason Avenue with traffic counts exceeding 49,500 cars per day.
Property Facts
Property Type
Retail
Property Subtype
Building Size
9,084 SF
Building Class
B
Year Built
1997
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.03
Lot Size
6.96 AC
Zoning
LAP
Parking
45 Spaces (4.95 Spaces per 1,000 SF Leased)
Frontage
Amenities
- Pylon Sign
- Signage
- Signalized Intersection
Property Taxes
| Parcel Number | 2741-025-181 | Improvements Assessment | $1,067,036 |
| Land Assessment | $1,416,968 | Total Assessment | $2,484,004 |
Property Taxes
Parcel Number
2741-025-181
Land Assessment
$1,416,968
Improvements Assessment
$1,067,036
Total Assessment
$2,484,004
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