Warehouse with Dock-High
7040-7060 Valjean Ave, Van Nuys, CA 91406
For Sale
New
Contact for pricing
An open bullpen office layout pairs with high-capacity electrical service and multiple loading doors.
Property Size45,600 SF
Price / SF$298
Days on Market4
Property Features for 7040-7060 Valjean Ave
General Information
Standard status
Size
Property subtype
Warehouse & Industrial
Dock-High Doors
Drive-In Doors
Power
Heavy Power
Additional Details
Highway Access
Listing Agency:
Colliers
(818) 334-1900
Listed By:
Greg Geraci · License CA #01004871
(818) 481-1680
Source:
Moodyscre
Added: Nov 12
Changed: Nov 14
Last Checked: Nov 14 at 2:27PM
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 Colliers
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This 45,600-square-foot warehouse features four dock-high doors and two oversized grade-level doors. The office area has an open bullpen plan with floor-to-ceiling windows, and the property is served by 1,600-amp electrical service.
The property is on Valjean Avenue at Sherman Way in Van Nuys, less than one mile from the 405 Freeway and 10 miles from West LA.
The property is on Valjean Avenue at Sherman Way in Van Nuys, less than one mile from the 405 Freeway and 10 miles from West LA.
Key Highlights
- 45,600 square feet of warehouse space
- 4 dock‑high doors and 2 oversized grade‑level doors
- 1,600‑amp electrical service
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$593,344
Cap Rate
4.37%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$11,866,880
$11.9M
Cap Rate 7%
$8,476,343
$8.5M
Cap Rate 9%
$6,592,711
$6.6M
Market Conditions
NOI Build-Up for 45,600 SF
Gross rent
$733.2K $16.08/SF
− Vacancy
−$35.2K −$0.77/SF
EGI
$698.1K $15.31/SF
− OpEx
−$104.7K −$2.30/SF
NOI
$593.3K $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%
$11,866,880
Cap Rate 7%
$8,476,343
Cap Rate 9%
$6,592,711
Alternative Uses
Best Use
Warehouse
$8.48M
$7.42M – $9.89M
NOI $593,344 @ 7.0% cap · market cap 4.37%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$24.41M
$21.36M – $28.48M
NOI $1,708,984 @ 7.0% cap · market cap 12.58%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Current Use
Lease Details
4
Dock-high doors
2
Drive-in doors
Yes
Heavy power
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
1,884
Businesses Nearby
Balanced
Demand for This Use
Explore this area
Business Placement
Demographics for 91406, CA
53,252
Population
19,650
Households
2.7
Avg Household Size
37
Median Age
29%
College-Educated
77%
High-School Grad
8.1 sq mi
ZIP Area
6,574
Density / Sq Mi
$76,653
Median Household Income
$41,469
Median Earnings
$1,859
Median Rent
$765,000
Median Home Value
Market
Average Price Trend$/SF for Warehouses in Los Angeles County, CA
Properties on Market for Warehouses in Los Angeles County
Vacancy Rate% for Industrial in West region
Similar Off Market Nearby
- LA Valley Storage — 6615 Valjean Ave, Van Nuys, CA 91406
- Enterprise Self Storage — 16225 Vanowen St, Van Nuys, CA 91406
- Keep It Self Storage — 6827 Woodley Ave, Van Nuys, CA 91406
- Extra Space Storage — 6853 Woodley Ave, Lake Balboa, CA 91406
- Carole and Jan's Moving and Storage — 6947 Hayvenhurst Ave, Van Nuys, CA 91406
Frequently Asked Questions
What type of property is this?
Warehouse - An open bullpen office layout pairs with high-capacity electrical service and multiple loading doors.
Where is this warehouse located?
The property is located at 7040-7060 Valjean Ave Van Nuys, CA.
What is the asking price?
The asking price for this property is $13,588,800.
What are key features of this property?
This property features: 45,600 square feet of warehouse space; 4 dock‑high doors and 2 oversized grade‑level doors; 1,600‑amp electrical service
