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Two-Building Retail Property
For Sale
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8107-8111 Foothill Blvd, Sunland, CA 91040

The sale includes the Corsica Deli business alongside the two-building property.

Property Size2,073 SF
Price / SF$795.95
Days on Market61

Property Features for 8107-8111 Foothill Blvd

General Information

Standard status Active
Size 2,073 SF
Property subtype RETAIL

Additional Details

Business Included Yes
Corner Location Yes

Building Details

Buildings 2
Listing Agency: Lee & Associates
Listed By: Mauricio Olaiz · License #02073450
Source: Moodyscre
Added: Aug 25 Changed: Oct 24 Last Checked: Oct 24 at 2:54PM

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 Lee & Associates

Rey
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.

Two retail buildings at 8107-8111 Foothill Blvd in Sunland comprise a combined 2,073 square feet. The Corsica Deli business is included in the sale.

The buildings occupy a corner location on Foothill Blvd. The property can accommodate an owner-user in one building while the other generates rental income, or both buildings may be rented.

Key Highlights

  • Two retail buildings totaling 2,073 square feet
  • Corsica Deli business included in the sale
  • Corner location on Foothill Blvd in Sunland

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$48,108
Cap Rate
2.92%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$962,160 $962.2K
Cap Rate 7%
$687,257 $687.3K
Cap Rate 9%
$534,533 $534.5K
Market Conditions
NOI Build-Up for 2,073 SF
Gross rent
$76.6K $36.96/SF
− Vacancy
−$7.9K −$3.81/SF
EGI
$68.7K $33.15/SF
− OpEx
−$20.6K −$9.95/SF
NOI
$48.1K $23.21/SF
Area
Los Angeles, CA
Vacancy
10.30%
Lease Rate
$36.96 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$962,160
Cap Rate 7%
$687,257
Cap Rate 9%
$534,533

Alternative Uses

Best Use
Retail
$687.3K
$601.4K – $801.8K (±1% cap)
NOI $48,108 @ 7.0% cap · market cap 2.92%
Second Best
—
—
no second resolved use
Theoretical Best
Multifamily LT 5
$42.00M
$36.75M – $49.00M (±1% cap)
NOI $2,939,841 @ 7.0% cap · market cap 178.17%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

Current Use

Retail space

Suggested Use

Top Pick Real Estate Agency Law Firm Hair Salon Spa & Massage Center Parking Lot & Garage Nail Salon

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Turnkey business
Opportunity

Location Intelligence

Trade Area within ½ mile

170
Businesses Nearby

Demographics for 91040, CA

21,588
Population
8,237
Households
2.6
Avg Household Size
46
Median Age
31%
College-Educated
87%
High-School Grad
8.3 sq mi
ZIP Area
2,601
Density / Sq Mi
$104,719
Median Household Income
$50,809
Median Earnings
$1,820
Median Rent
$787,000
Median Home Value

Market

Vacancy Rate% for Retail in West region

7% 2020
6.3% 2021
5.5% 2022
5.3% 2023
5.5% 2024
5.8% 2025

Frequently Asked Questions

What type of property is this?
Retail space - The sale includes the Corsica Deli business alongside the two-building property.
Where is this retail space located?
The property is located at 8107-8111 Foothill Blvd Sunland, CA.
What is the asking price?
The asking price for this property is $1,650,000.
What are key features of this property?
This property features: Two retail buildings totaling 2,073 square feet; Corsica Deli business included in the sale; Corner location on Foothill Blvd in Sunland
(626) 841-1864 Call to check price and availability
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