Properties For Sale

at 14117-14123 Bessemer St

Industrial For Lease (no auto) AVAILABLE, Now

Size 4,904 SF

Type INDUSTRIAL

Lease Type MODIFIED_GROSS

Sublease No

Free Standing Single Tenant/Owner-User Industrial Building 12'-19' Clear Height 120/240 Volts, 3-Phase Power One 11'8"x10'7" GL Door No Auto Use Available For Lease, Lease-To-Purchase Or Sale

Contact us

Listing Agency: Marcus & Millichap Show Phone

Listed By: Martin Agnew · License #01339034 Show Phone

Source: Moodyscre

Added: Jun 19, 2025 Changed: Oct 7 Last Checked: Oct 19 at 9:25AM

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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 Marcus & Millichap

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Review the available facts, identify missing information and prepare questions for the agent.

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Investment Insights

Based on property information with market context.

This is a freestanding building offering industrial space. The property includes 504 square feet of office space. It features one ground-level door measuring 11'8" x 10'7". The building provides clear heights ranging from 12 to 19 feet and is equipped with 120/240 Volts, 3 Phase power. The total property size is 4,904 square feet.

Key Highlights

• Free standing building
• Benefit from 12'-19' clear height
• 120/240 volts, 3 phase power available

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr

$63,811

Cap Rate

3.55%

Suggested Prices Based on Cap Rates

Cap Rate 5%

$1,276,220 $1.3M

Cap Rate 7%

$911,586 $911.6K

Cap Rate 9%

$709,011 $709.0K

Is this asking price fair?

Market Conditions

NOI Build-Up for 4,904 SF

Gross rent

$78.9K $16.08/SF

− Vacancy

−$3.8K −$0.77/SF

EGI

$75.1K $15.31/SF

− OpEx

−$11.3K −$2.30/SF

NOI

$63.8K $13.01/SF

Area

Los Angeles County, CA

Vacancy

4.80%

Lease Rate

$16.08 /SF/Yr

Expense Ratio

15.00%

Simulate Cap Rate and NOI

Suggested Prices Based on Cap Rates

Cap Rate 5%

$1,276,220

Cap Rate 7%

$911,586

Cap Rate 9%

$709,011

Alternative Uses

Best Use

Warehouse

$911.6K

$797.6K – $1.06M (±1% cap)

NOI $63,811 @ 7.0% cap · market cap 3.55%

Second Best

Industrial

$818.7K

$716.4K – $955.2K (±1% cap)

NOI $57,309 @ 7.0% cap · market cap 3.19%

Theoretical Best

Office A

$2.63M

$2.30M – $3.06M (±1% cap)

NOI $183,791 @ 7.0% cap · market cap 10.22%

Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

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Open Analytics

Current Use

Warehouses

Suggested Use

Top Pick Pet Store Veterinary Clinic (Bike/Boat/Book/etc) Store Pet Store & Service Clothing & Fashion Store Butcher

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

3,356

Businesses Nearby

Balanced

Demand for This Use

Explore this area Business Placement

Market

Vacancy Rate% for Industrial in West region

3.7% 2019

4.3% 2020

2.6% 2021

2.5% 2022

4.8% 2023

6.9% 2024

7.9% 2025

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Similar Off Market Nearby

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• AUTOParkit™ — 6023 Hazeltine Ave, Van Nuys, CA 91401

Frequently Asked Questions

What type of property is this?

Warehouse - Freestanding industrial building featuring office space and a ground-level door.

Where is this warehouse located?

The property is located at 14117-14123 Bessemer St Van Nuys, CA.

What is the asking price?

The asking price for this property is $1,799,000.

What are key features of this property?

This property features: Free standing building; Benefit from **12'-19' clear height**; 120/240 volts, 3 phase power available