Freestanding Brewery
New
For Sale
Contact for pricing
14741-14743 Calvert Street, Van Nuys, CA 91411
Approved brewery use with tasting room, patio seating, and packaged beer sales.
Property Size5,000 SF
Lot Size0.17 Acres
Price / SF$385
Days on Market7
Property Features for 14741-14743 Calvert Street
General Information
Standard status
Active
Size
5,000 SF
Lot size
0.17 Acres
Property subtype
Industrial
Zoning
M2
Site & Location
Highway Access
Yes
Road Access
Yes
Warehouse & Industrial
Clear Height
14 ft
Cold Storage
Yes
Amenities
break room
bar and sink area
two walk-in refrigerators
three restrooms (two ADA accessible)
Building Details
Buildings
1
Building Size
5,000 SF
Listing Agency:
Marcus & Millichap - Encino
Listed By:
Martin Agnew · License #CA 01339034
(818) 212-2744
Source:
Crexi
Added: Sep 4
Changed: Sep 9
Last Checked: Sep 9 at 3:29PM
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 - Encino
Investment Insights
Based on property information with market context.
This freestanding 5,000-square-foot building occupies a 7,501-square-foot M2-zoned lot and is scheduled for delivery vacant at closing. The industrial layout includes clear heights of approximately 12 to 14 feet, 800-amp total power with 400 amps per side, and two separate roll-up doors. The building can be divided for multiple users and includes two walk-in refrigerators, a break room, bar and sink area, and three restrooms, including two ADA-accessible facilities. Recent HVAC repairs are also in place.
A City of Los Angeles Conditional Use Permit allows brewery operations, on-site tasting room service, outdoor patio seating, and off-site packaged beer sales. The property has approximately 50 feet of frontage on Calvert Street and exposure to more than 28,000 vehicles per day. It is less than one mile from the I-405 Freeway and near Van Nuys Airport, with access to retail, dining, and employment centers in the surrounding area.
A City of Los Angeles Conditional Use Permit allows brewery operations, on-site tasting room service, outdoor patio seating, and off-site packaged beer sales. The property has approximately 50 feet of frontage on Calvert Street and exposure to more than 28,000 vehicles per day. It is less than one mile from the I-405 Freeway and near Van Nuys Airport, with access to retail, dining, and employment centers in the surrounding area.
Key Highlights
- City of Los Angeles CUP permits brewery operations, tasting room service, outdoor patio seating, and off‑site packaged beer sales
- 5,000‑square‑foot building on a 7,501‑square‑foot M2‑zoned lot
- 800‑amp total power, configured as 400 amps per side
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
$58,430
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
3.04%
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%
$1,168,600
$1.2M
Cap Rate 7%
$834,714
$834.7K
Cap Rate 9%
$649,222
$649.2K
Market Conditions
NOI Build-Up for 5,000 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
$88.8K $17.76/SF
− Vacancy
−$5.3K −$1.07/SF
EGI
$83.5K $16.69/SF
− OpEx
−$25.0K −$5.01/SF
NOI
$58.4K $11.69/SF
Area
Los Angeles County, CA
Vacancy
6.00%
Lease Rate
$17.76 /SF/Yr
Expense Ratio
30.00%
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%
$1,168,600
Cap Rate 7%
$834,714
Cap Rate 9%
$649,222
Alternative Uses
Best Use
Industrial
$834.7K
$730.4K – $973.8K
NOI $58,430 @ 7.0% cap · market cap 3.04%
Second Best
Flex RnD
$637.7K
$558.0K – $744.0K
NOI $44,637 @ 7.0% cap · market cap 2.32%
Theoretical Best
Office A
$2.68M
$2.34M – $3.12M
NOI $187,389 @ 7.0% cap · market cap 9.73%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
Lease Details
14 ft
Clear height
Yes
Highway access
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
3,982
Businesses Nearby
Explore this area
Business Placement
Demographics for 91411, CA
24,984
Population
10,003
Households
2.5
Avg Household Size
36
Median Age
37%
College-Educated
80%
High-School Grad
2.0 sq mi
ZIP Area
12,492
Density / Sq Mi
$77,582
Median Household Income
$42,096
Median Earnings
$1,850
Median Rent
$973,300
Median Home Value
Market
Vacancy Rate% for Industrial in West region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Brewery - Approved brewery use with tasting room, patio seating, and packaged beer sales.
Where is this brewery located?
The property is located at 14741-14743 Calvert Street Van Nuys, CA.
What is the asking price?
The asking price for this property is $1,925,000.
What are key features of this property?
This property features: City of Los Angeles CUP permits brewery operations, tasting room service, outdoor patio seating, and off‑site packaged beer sales; 5,000‑square‑foot building on a 7,501‑square‑foot M2‑zoned lot; 800‑amp total power, configured as 400 amps per side
