Marcus & Millichap is pleased to offer for sale 7353-7355 Canoga Ave., Canoga Park, CA 91303. A Commercial building approx 6,900sf. The property consist of a two story Commercial building approximately 4,300sf facing Canoga Ave. and a warehouse building, approximately 2,600sf located in the back of the property. The front commercial building is two stories with Hertz occupying the first floor and main parking area. The second floor and warehouse building are currently being occupied by Premier Electric (current owner) which are on a six month lease.
The commercial building is in great condition. The second story office is fully built out with eight offices (some can be used for storage rooms), two large open areas, one rest room, kitchen, and the lobby. The warehouse building is approximately 2,600sf with 20 ft ceilings, two restrooms, large shelves from floor to ceiling, 800 amps, and parking.
The property is centrally located with a good mix of Retail, Industrial and residential in the immediate area. The Orange Line Busway is located across the street.
The property may be perfect for owner user, Premier Electric is on a six month lease. New ownership can occupy the 2nd floor office and warehouse building or can find a new Tenant to pay a much higher base rate to increase the income.
