Restaurant with Commercial
For Sale
$2,000,000
14071 Polk Street, Sylmar, CA 91342
Restaurant-focused offering for operators seeking a purpose-built commercial kitchen setup.
Property Size2,282 SF
Days on Market96
Property Features for 14071 Polk Street
General Information
Standard status
Active
Size
2,282 SF
Zoning
C2
Building Details
Building Size
2,282 SF
Year Built
1954
Stories
1
Listing Agency:
RE/MAX Gateway
(818) 472-0618
Listed By:
Jose Alonso · License #01936996
(818) 472-0618
Source:
Evrealestate
Added: May 29
Changed: Aug 23
Last Checked: Aug 31 at 1:09PM
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 RE/MAX Gateway
Investment Insights
Based on property information with market context.
This offering is positioned for restaurant use with commercial kitchen capabilities. The property is being marketed as commercial real estate for buyers looking for an operationally oriented restaurant configuration supported by its kitchen facilities.
The directions reference the intersection of Polk St and Foothill Blvd in Los Angeles County, with the address listed at 14071 Polk Street, Sylmar, CA 91342. This central, corridor-style location supports visibility to passing traffic drawn to major road connections.
For restaurateurs and food-service investors, the commercial kitchen functionality is the key consideration, helping streamline the path from concept to operations compared with a generic space. It may also appeal to buyers evaluating restaurant-related real estate for continuing food-service use, where having a dedicated kitchen foundation can reduce upfront build-out demands.
The directions reference the intersection of Polk St and Foothill Blvd in Los Angeles County, with the address listed at 14071 Polk Street, Sylmar, CA 91342. This central, corridor-style location supports visibility to passing traffic drawn to major road connections.
For restaurateurs and food-service investors, the commercial kitchen functionality is the key consideration, helping streamline the path from concept to operations compared with a generic space. It may also appeal to buyers evaluating restaurant-related real estate for continuing food-service use, where having a dedicated kitchen foundation can reduce upfront build-out demands.
Key Highlights
- Commercial building built in 1954
- Located at/near the intersection of Polk St and Foothill Blvd
- In Los Angeles County
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
$61,802
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
3.09%
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%
$1,236,040
$1.2M
Cap Rate 7%
$882,886
$882.9K
Cap Rate 9%
$686,689
$686.7K
Market Conditions
NOI Build-Up for 2,282 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
$84.3K $36.96/SF
− Vacancy
−$1.9K −$0.85/SF
EGI
$82.4K $36.11/SF
− OpEx
−$20.6K −$9.03/SF
NOI
$61.8K $27.08/SF
Area
Los Angeles, CA
Vacancy
2.30%
Lease Rate
$36.96 /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%
$1,236,040
Cap Rate 7%
$882,886
Cap Rate 9%
$686,689
Alternative Uses
Best Use
Specialty Retail
$882.9K
$772.5K – $1.03M
NOI $61,802 @ 7.0% cap · market cap 3.09%
Second Best
Industrial
$405.0K
$354.4K – $472.5K
NOI $28,348 @ 7.0% cap · market cap 1.42%
Theoretical Best
Multifamily LT 5
$46.23M
$40.45M – $53.94M
NOI $3,236,236 @ 7.0% cap · market cap 161.81%
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 Retail in West region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Commercial kitchen - Restaurant-focused offering for operators seeking a purpose-built commercial kitchen setup.
Where is this commercial kitchen located?
The property is located at 14071 Polk Street Sylmar, CA.
What is the asking price?
The asking price for this property is $2,000,000.
What are key features of this property?
This property features: Commercial building built in 1954; Located at/near the intersection of Polk St and Foothill Blvd; In Los Angeles County
