Building Details

Building Size 40,303 SF

Year Built 2003

Properties For Sale

at 7751 Hayvenhurst Avenue

Available Space Not For Lease

Size 40,303 SF

FOR SALE SALE PRICE: $17,500,000.00 Restrooms: 5 Please verify all information herein as broker does not warrant its accuracy.

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Listing Agency: Daum Commercial

Listed By: Zach Boebel · License #CA 02004825 Show Phone

Source: Daumcommercial

Added: Apr 3 Changed: Oct 2 Last Checked: Oct 12 at 4:34PM

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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 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 / Yr

$524,420

Cap Rate

3.00%

Suggested Prices Based on Cap Rates

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

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 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 (±1% cap)

NOI $524,420 @ 7.0% cap · market cap 3.00%

Second Best

Industrial

$6.73M

$5.89M – $7.85M (±1% cap)

NOI $470,984 @ 7.0% cap · market cap 2.69%

Theoretical Best

Office A

$21.58M

$18.88M – $25.17M (±1% cap)

NOI $1,510,465 @ 7.0% cap · market cap 8.63%

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

Old Master Products ... Carpet & Flooring Store

Suggested Use

Top Pick Real Estate Agency Dental Office Spa & Massage Center Skin Care Clinic Hair Salon Parking Lot & Garage

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

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

3.7% 2019

4.3% 2020

2.6% 2021

2.5% 2022

4.8% 2023

6.9% 2024

7.9% 2025

Questions? Ask Rey

Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

What type of property is this? Where is this warehouses located? What is the asking price? Find similar properties What are key features of this property?

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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