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8300 Tampa Ave
Northridge, CA 91324
Penny Lane Plaza · Office Property For Sale
Property Facts
Property Type
Office
Property Subtype
Building Size
12,850 SF
Building Class
B
Year Built/Renovated
1981/2017
Tenancy
Multiple
Building Height
3 Stories
Typical Floor Size
4,276 SF
Slab To Slab
11’
Building FAR
0.82
Lot Size
0.36 AC
Zoning
C2
Parking
28 Spaces (2.17 Spaces per 1,000 SF Leased)
About 8300 TAMPA AVE , NORTHRIDGE, CA 91324
This is a unique opportunity to acquire a one of kind property constructed in 1981 exuding old world charm with todays modern amenities. The ground floor is retail consisting of 4 storefronts. There is a brand new restaurant with gorgeous buildout on the corner, a hair , and Wellness spa. Upstairs are 6 offices. This is a 6.23 % cap on actual in place rents and the rents have upside and annual increases. The restaurant space went through a $200,000 overhaul with new AC, Plumbing, electric, flooring, ADA bathrooms, etc. The building has sprinklers throughout keeping insurance low. Ground floor retail space take care of their own expenses and upkeep. Very easy management.
Property Taxes
| Parcel Number | 2784-019-004 | Improvements Assessment | $1,307,087 |
| Land Assessment | $2,321,170 | Total Assessment | $3,628,257 |
Property Taxes
Parcel Number
2784-019-004
Land Assessment
$2,321,170
Improvements Assessment
$1,307,087
Total Assessment
$3,628,257
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