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7780 Foothill Blvd 2,514 SF 100% Leased Retail Building Tujunga, CA 91042 $900,000 ($358.00/SF) 5.60% Cap Rate
Executive Summary
This may also have the potential to be an owner-user sale.
The tenant is responsible for all utilities, including water, electricity, gas, and property taxes.
Fixed Rental Adjustment Summary:
The monthly base rent increases annually as follows:
• June 1, 2024 – $4,036.50
• June 1, 2025 – $4,177.78
• June 1, 2026 – $4,324.00
• June 1, 2027 – $4,475.34
• June 1, 2028 – $4,631.98
• June 1, 2029 – $4,794.10
• June 1, 2030 – $4,961.89
• June 1, 2031 – $5,135.30
• June 1, 2032 – $5,501.34
• June 1, 2033 – $5,693.88
The tenant is responsible for all utilities, including water, electricity, gas, and property taxes.
Fixed Rental Adjustment Summary:
The monthly base rent increases annually as follows:
• June 1, 2024 – $4,036.50
• June 1, 2025 – $4,177.78
• June 1, 2026 – $4,324.00
• June 1, 2027 – $4,475.34
• June 1, 2028 – $4,631.98
• June 1, 2029 – $4,794.10
• June 1, 2030 – $4,961.89
• June 1, 2031 – $5,135.30
• June 1, 2032 – $5,501.34
• June 1, 2033 – $5,693.88
Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Building Size
2,514 SF
Building Class
C
Year Built
1946
Price
$900,000
Price Per SF
$358.00
Cap Rate
5.60%
NOI
$50,400
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.34
Lot Size
0.17 AC
Zoning
C2
Parking
12 Spaces (4.77 Spaces per 1,000 SF Leased)
Frontage
253’ on Foothill Blvd
Amenities
- Fenced Lot
- Restaurant
- Air Conditioning
Fairly walkable
40/100
Exceptionally drivable
100/100
Limited public transit
30/100
Fairly bikeable
40/100
Nearby Major Retailers
Property Taxes
| Parcel Number | 2558-004-015 | Improvements Assessment | $214,520 |
| Land Assessment | $490,338 | Total Assessment | $704,858 |
Property Taxes
Parcel Number
2558-004-015
Land Assessment
$490,338
Improvements Assessment
$214,520
Total Assessment
$704,858
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7780 Foothill Blvd
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