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8381-8385 Canoga Ave
Canoga Park, CA 91304
Industrial Property For Sale
PROPERTY FACTS
| Property Type | Industrial | No. Stories | 1 |
| Property Subtype | Manufacturing | Year Built | 1978 |
| Building Class | C | Parking Ratio | 1.98/1,000 SF |
| Lot Size | 0.98 AC | Clear Ceiling Height | 16’ |
| Rentable Building Area | 22,704 SF | No. Drive In / Grade-Level Doors | 2 |
| Zoning | MR2 - Lessee to Verify | ||
| Property Type | Industrial |
| Property Subtype | Manufacturing |
| Building Class | C |
| Lot Size | 0.98 AC |
| Rentable Building Area | 22,704 SF |
| No. Stories | 1 |
| Year Built | 1978 |
| Parking Ratio | 1.98/1,000 SF |
| Clear Ceiling Height | 16’ |
| No. Drive In / Grade-Level Doors | 2 |
| Zoning | MR2 - Lessee to Verify |
AMENITIES
- Fenced Lot
- Signage
- Yard
- Fluorescent Lighting
- Air Conditioning
UTILITIES
- Water - City
- Sewer - City
ABOUT 8381-8385 CANOGA AVE , CANOGA PARK, CA 91304
BUILDING OVERVIEW 8381-85 Canoga Avenue offers great street exposure with frontage and parking on Canoga Avenue. In addition to building frontage for signage, there is also a large monument sign. The building was constructed in 1978 with a total size of approximately 22,704 sf. It is situated on approximately 42,689 sf (0.98 Ac) of land zoned MR2. The building has 800 amps 3 phase 4 wire electrical service. The construction is concrete block with a flat roof. The minimum clearance is 17' with parking for 45 cars. There are two fenced rear yards that can be used for storage or parking as well as parking along the front of the building, facing Canoga Avenue. There are two ground level loading doors (12’ x 14’) at the rear of the building. There are a total of 5 rest rooms for the facility. There is a total of approximately 5,517 sf of office space with hvac. The warehouse portion of the building has several evaporative coolers. TENANT OVERVIEW The building is currently divided in half. 8381 Canoga Avenue, which is 11,352 sf, is occupied by Funtime Cabinets. This is a state of the art high end cabinet shop. This portion of the building has a large beautiful show room, high end offices and a manufacturing set up in the warehouse. (See pictures) The lease term is for 5 years with a 5 year option to renew. See rent roll for increases. 8385 Canoga Avenue, which is 11,352 sf, is occupied by the Owner(Jot Engineering) and one tenant (Impact Cheer and Tumbling).The owner occupies the rear portion which is 7,279 sf and tenant occupies the front portion which is 4,073 sf. Jot engineering is a machine shop with distributed power and several evap coolers in the warehouse. There is currently approximately 2,000 sf of office with hvac. Impact Cheer teaches top knotch skills for cheer and dance teams. (See rent roll). 8385 Canoga will be delivered vacant at the close of escrow. RENT ROLL Funtime Cabinet Factory June 1, 2019 - $10,216.00 June 1, 2020 - $10,624.00 June 1, 2021 - $11,050.00 June 1, 2023 - $11,492.00 June 1, 2024 - $11,951.00 Impact Cheer $3600/Mo Expires November 30, 2019 JOT Engineering Owner
PROPERTY TAXES
| Parcel Number | 2779-022-259 | Improvements Assessment | $1,695,150 |
| Land Assessment | $3,062,207 | Total Assessment | $4,757,357 |
PROPERTY TAXES
