Van Nuys Freestanding
For Sale
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7112-7118 De Celis Pl, Van Nuys, CA
7,500 SF flex/industrial building in Van Nuys, CA.
Property Size7,500 SF
Lot Size0.34 Acres
Price / SF$393.33
Days on Market472
Property Features for 7112-7118 De Celis Pl
General Information
Standard status
Active
Size
7,500 SF
Lot size
0.34 Acres
Property subtype
INDUSTRIAL
Listing Agency:
TOLD Partners Inc.
(818) 593-3800
Listed By:
Adam Hall
(818) 466-0254
Source:
Moodyscre
Added: Jun 1, 2025
Changed: Sep 3
Last Checked: Sep 15 at 7:04AM
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 TOLD Partners Inc.
Investment Insights
Based on property information with market context.
This freestanding building in Van Nuys, California, offers 7,500 square feet of flex and industrial space. The property is currently fully occupied by four tenants.
Key Highlights
- Free Standing Building
- 7,500 SF Available
- Property Is Currently Fully Occupied
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
$87,646
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
2.97%
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%
$1,752,920
$1.8M
Cap Rate 7%
$1,252,086
$1.3M
Cap Rate 9%
$973,844
$973.8K
Market Conditions
NOI Build-Up for 7,500 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
$133.2K $17.76/SF
− Vacancy
−$8.0K −$1.07/SF
EGI
$125.2K $16.69/SF
− OpEx
−$37.6K −$5.01/SF
NOI
$87.6K $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%
$1,752,920
Cap Rate 7%
$1,252,086
Cap Rate 9%
$973,844
Alternative Uses
Best Use
Industrial
$1.25M
$1.10M – $1.46M
NOI $87,646 @ 7.0% cap · market cap 2.97%
Second Best
Flex RnD
$956.5K
$837.0K – $1.12M
NOI $66,956 @ 7.0% cap · market cap 2.27%
Theoretical Best
Office A
$4.02M
$3.51M – $4.68M
NOI $281,083 @ 7.0% cap · market cap 9.53%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
1,932
Businesses Nearby
Balanced
Demand for This Use
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Business Placement
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Industrial in West region
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Frequently Asked Questions
What type of property is this?
Flex space - 7,500 SF flex/industrial building in Van Nuys, CA.
Where is this flex space located?
The property is located at 7112-7118 De Celis Pl Van Nuys, CA.
What is the asking price?
The asking price for this property is $2,950,000.
What are key features of this property?
This property features: Free Standing Building; 7,500 SF Available; Property Is Currently Fully Occupied
