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8707 Lindley Ave 11,050 SF 93% Leased Retail Building Northridge, CA 91325 $4,500,000 ($407.24/SF) 5.03% Cap Rate
Investment Highlights
- Monument Sign Available
- Anchored by 7- Eleven
- Proforma NOI $298,545
- Corner Lot
- Proforma CAP Rate 6.63%
- 2 Curve Cuts
Executive Summary
Exceptional investment opportunity in the heart of Northridge with Proforma CAP Rate of 6.63%. This well-located neighborhood shopping center sits just half a mile from California State University, Northridge (CSUN)—one of the largest universities in California with nearly 40,000 students and faculty generating steady traffic and demand for daily-needs retail.
Positioned at the signalized northwest corner of Parthenia Street and Lindley Avenue, the property benefits from strong visibility, high vehicular traffic counts, and convenient access from both major corridors. The center totals approximately 11,050 square feet of building area, situated on a 19,166-square-foot lot, offering an efficient site layout and excellent curb appeal.
The property includes 20 on-site parking spaces, providing ample customer parking and enhancing the shopping center’s accessibility. Surrounded by dense multifamily housing—including a high concentration of student-oriented residential communities—the location supports a consistent consumer base year-round.
Property Facts
Amenities
- 24 Hour Access
- Corner Lot
- Pylon Sign
- Restaurant
- Signage
- Signalized Intersection
- Tenant Controlled HVAC
- Monument Signage
Space Availability
- Space
- Size
- Space Use
- Position
- Available
Approximately 811 SF of retail space available for lease, formerly occupied by a financial services user. The space is a great fit for most retail or service oriented businesses. The space offers excellent visibility, prominent signage opportunities, and includes a private restroom. Ideal for a variety of retail or service-oriented uses
| Space | Size | Space Use | Position | Available |
| D | 811 SF | Retail | In-Line | Now |
D
| Size |
| 811 SF |
| Space Use |
| Retail |
| Position |
| In-Line |
| Available |
| Now |
D
| Size | 811 SF |
| Space Use | Retail |
| Position | In-Line |
| Available | Now |
Approximately 811 SF of retail space available for lease, formerly occupied by a financial services user. The space is a great fit for most retail or service oriented businesses. The space offers excellent visibility, prominent signage opportunities, and includes a private restroom. Ideal for a variety of retail or service-oriented uses
Nearby Major Retailers
Property Taxes
| Parcel Number | 2769-019-044 | Improvements Assessment | $1,708,225 |
| Land Assessment | $2,009,680 | Total Assessment | $3,717,905 |
Property Taxes
Presented by
8707 Lindley Ave
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