Van Nuys Warehouse For
For Sale
$17,500,000
7751 Hayvenhurst Avenue, Van Nuys, CA 91406
NNN leased investment property near Van Nuys Airport.
Property Size40,303 SF
Price / SF$434.21
Days on Market149
Property Features for 7751 Hayvenhurst Avenue
General Information
Standard status
Active
Size
40,303 SF
Property subtype
Industrial
Building Details
Building Size
40,303 SF
Year Built
2003
Properties For Sale
at 7751 Hayvenhurst Avenue Contact us- Suite
- ENTIRE - FOR SALE
- Size
- 40,303 SF
- Availability
- Not For Lease
Available Space
FOR SALE SALE PRICE: $17,500,000.00 Restrooms: 5 Please verify all information herein...
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Listing Agency:
Daum Commercial
(213) 270-2213
Listed By:
Zach Boebel · License #CA 02004825
(213) 270-2213
Source:
Daumcommercial
Added: Apr 3
Changed: Aug 25
Last Checked: Aug 29 at 5:54AM
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 Daum Commercial
Investment Insights
Based on property information with market context.
This commercial real estate property is a warehouse/industrial building with 4 dock-high doors and 1 grade-level door. The minimum clearance height within the warehouse is 24 feet. The property is located adjacent to Van Nuys Airport. The property is currently NNN leased to a strong credit tenant. The property size is 40303 square feet.
Key Highlights
- NNN leased investment for passive income
- Strong credit tenant offering low risk
- 4 dock high and 1 grade level door for efficient logistics
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
$524,420
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
3.00%
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%
$10,488,400
$10.5M
Cap Rate 7%
$7,491,714
$7.5M
Cap Rate 9%
$5,826,889
$5.8M
Market Conditions
NOI Build-Up for 40,303 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
$648.1K $16.08/SF
− Vacancy
−$31.1K −$0.77/SF
EGI
$617.0K $15.31/SF
− OpEx
−$92.5K −$2.30/SF
NOI
$524.4K $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 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%
$10,488,400
Cap Rate 7%
$7,491,714
Cap Rate 9%
$5,826,889
Alternative Uses
Best Use
Warehouse
$7.49M
$6.56M – $8.74M
NOI $524,420 @ 7.0% cap · market cap 3.00%
Second Best
Industrial
$6.73M
$5.89M – $7.85M
NOI $470,984 @ 7.0% cap · market cap 2.69%
Theoretical Best
Office A
$21.58M
$18.88M – $25.17M
NOI $1,510,465 @ 7.0% cap · market cap 8.63%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
1,200
Businesses Nearby
Well-served
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
Vacancy Rate% for Industrial in West region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Similar Off Market Nearby
- R & R Moving & Storage INC — 7412 Valjean Ave, Van Nuys, CA 91406
- Southwest Mobile Storage Inc — 16153 Cohasset St, Los Angeles, CA 91406
- Public Storage — 7660 Balboa Blvd, Van Nuys, CA 91406
- Zippy Shell Moving and Storage — 7640 airport business park way, van nuys, ca 91406
- Rinato Handling Co. — 7625 Hayvenhurst Ave #22, Van Nuys, CA 91406
Frequently Asked Questions
What type of property is this?
Warehouse - NNN leased investment property near Van Nuys Airport.
Where is this warehouse located?
The property is located at 7751 Hayvenhurst Avenue Van Nuys, CA.
What is the asking price?
The asking price for this property is $17,500,000.
What are key features of this property?
This property features: NNN leased investment for passive income; Strong credit tenant offering low risk; 4 dock high and 1 grade level door for efficient logistics
