Office Building Near Major
For Sale
$3,750,000
14040 Hubbard St., Sylmar, CA 91342
Office building for sale with close access to I-5, I-405, I-210, and SR-118.
Property Size9,786 SF
Days on Market75
Property Features for 14040 Hubbard St.
General Information
Standard status
Active
Size
9,786 SF
Class
B
Property subtype
Multi Tenant Office
Building Details
Building Size
9,786 SF
Listing Agency:
NAI Capital Commercial, Inc
Listed By:
Matt Ehrlich · License #01936772
(818) 933-2364
Source:
Thebrokerlist
Added: Jun 23
Changed: Aug 23
Last Checked: Sep 5 at 3:35AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of NAI Capital Commercial, Inc
Investment Insights
Based on property information with market context.
This office building is being offered for sale and is well positioned for tenant and business access due to its proximity to multiple major freeways.
The property is located close to the I-5, I-405, I-210, and SR-118 freeways, supporting convenient regional connectivity for employees, customers, and business operations.
Additional details on the building’s layout, size, or condition are not provided in the available information.
The property is located close to the I-5, I-405, I-210, and SR-118 freeways, supporting convenient regional connectivity for employees, customers, and business operations.
Additional details on the building’s layout, size, or condition are not provided in the available information.
Key Highlights
- Office building for sale with close access to I‑5, I‑405, I‑210, and SR‑118
- Convenient proximity to the 5, 405, 210, and 118 freeways
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$232,283
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
6.19%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$4,645,660
$4.6M
Cap Rate 7%
$3,318,329
$3.3M
Cap Rate 9%
$2,580,922
$2.6M
Market Conditions
NOI Build-Up for 9,786 SF
Vacancy — income lost from leasable area expected to sit empty during the year, subtracted from gross rent.
EGI (Effective Gross Income) — gross rent minus vacancy losses, the realistic income before paying operating costs.
OpEx (Operating Expenses) — recurring costs to operate the property (property tax, insurance, utilities, maintenance, management); excludes financing and capital improvements.
NOI (Net Operating Income) — income a property generates after operating costs but before financing and taxes.
Gross rent
$380.5K $38.88/SF
− Vacancy
−$70.8K −$7.23/SF
EGI
$309.7K $31.65/SF
− OpEx
−$77.4K −$7.91/SF
NOI
$232.3K $23.74/SF
Area
Los Angeles, CA
Vacancy
18.60%
Lease Rate
$38.88 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$4,645,660
Cap Rate 7%
$3,318,329
Cap Rate 9%
$2,580,922
Alternative Uses
Best Use
Office B
$3.32M
$2.90M – $3.87M
NOI $232,283 @ 7.0% cap · market cap 6.19%
Second Best
—
—
no second resolved use
Theoretical Best
Multifamily LT 5
$198.26M
$173.48M – $231.30M
NOI $13,878,094 @ 7.0% cap · market cap 370.08%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
8
Businesses Nearby
Explore this area
Business Placement
Demographics for 91342, CA
96,429
Population
26,403
Households
3.7
Avg Household Size
36
Median Age
20%
College-Educated
73%
High-School Grad
45.4 sq mi
ZIP Area
2,124
Density / Sq Mi
$95,480
Median Household Income
$40,351
Median Earnings
$1,965
Median Rent
$641,100
Median Home Value
Market
Vacancy Rate% for Office in West region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Office building - Office building for sale with close access to I-5, I-405, I-210, and SR-118.
Where is this office building located?
The property is located at 14040 Hubbard St. Sylmar, CA.
What is the asking price?
The asking price for this property is $3,750,000.
What are key features of this property?
This property features: Office building for sale with close access to I‑5, I‑405, I‑210, and SR‑118; Convenient proximity to the 5, 405, 210, and 118 freeways
