Freestanding Industrial
New
For Sale
Contact for pricing
8136 Lankershim Blvd, North Hollywood, CA 91605
Single-story facility with drive-in loading and on-site parking for permitted industrial operations.
Property Size3,998 SF
Lot Size0.19 Acres
Price / SF$350.18
Days on Market7
Property Features for 8136 Lankershim Blvd
General Information
Standard status
Active
Size
3,998 SF
Lot size
0.19 Acres
Property subtype
Industrial
Zoning
LAM1
Warehouse & Industrial
Clear Height
12 ft
Drive-In Doors
1
Amenities
on-site parking
Building Details
Buildings
1
Stories
1
Building Size
3,998 SF
Listing Agency:
IKON Properties
Listed By:
Blas Fernandez · License #CA 02012036
(818) 246-1099
Source:
Crexi
Added: Sep 11
Changed: Sep 16
Last Checked: Sep 16 at 2:24PM
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 IKON Properties
Investment Insights
Based on property information with market context.
This freestanding warehouse provides approximately 3,998 square feet within a single-story industrial building on approximately 0.19 acres. The layout includes approximately 12 feet of clear height, a grade-level drive-in loading door, and on-site parking. The property is classified as light industrial and is identified in commercial property records as LAM1 zoning.
Located at 8136 Lankershim Boulevard in North Hollywood, the facility offers access to major thoroughfares serving North Hollywood, Sun Valley, and the broader San Fernando Valley. The configuration may support warehouse, distribution, storage, fabrication, manufacturing, or service-related operations where permitted by applicable regulations and approvals.
Located at 8136 Lankershim Boulevard in North Hollywood, the facility offers access to major thoroughfares serving North Hollywood, Sun Valley, and the broader San Fernando Valley. The configuration may support warehouse, distribution, storage, fabrication, manufacturing, or service-related operations where permitted by applicable regulations and approvals.
Key Highlights
- Approximately 3,998‑square‑foot industrial building
- Approximately 0.19‑acre lot
- Approximately 12 feet of clear ceiling height
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
$52,022
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
3.72%
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%
$1,040,440
$1.0M
Cap Rate 7%
$743,171
$743.2K
Cap Rate 9%
$578,022
$578.0K
Market Conditions
NOI Build-Up for 3,998 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
$64.3K $16.08/SF
− Vacancy
−$3.1K −$0.77/SF
EGI
$61.2K $15.31/SF
− OpEx
−$9.2K −$2.30/SF
NOI
$52.0K $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%
$1,040,440
Cap Rate 7%
$743,171
Cap Rate 9%
$578,022
Alternative Uses
Best Use
Warehouse
$743.2K
$650.3K – $867.0K
NOI $52,022 @ 7.0% cap · market cap 3.72%
Second Best
Industrial
$667.4K
$584.0K – $778.7K
NOI $46,721 @ 7.0% cap · market cap 3.34%
Theoretical Best
Office A
$2.14M
$1.87M – $2.50M
NOI $149,836 @ 7.0% cap · market cap 10.70%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
Lease Details
12 ft
Clear height
1
Drive-in doors
Location Intelligence
Trade Area within ½ mile
1,140
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Demographics for 91605, CA
54,341
Population
17,206
Households
3.2
Avg Household Size
36
Median Age
22%
College-Educated
71%
High-School Grad
5.4 sq mi
ZIP Area
10,063
Density / Sq Mi
$64,539
Median Household Income
$32,751
Median Earnings
$1,736
Median Rent
$729,900
Median Home Value
Market
Vacancy Rate% for Industrial in West region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Warehouse - Single-story facility with drive-in loading and on-site parking for permitted industrial operations.
Where is this warehouse located?
The property is located at 8136 Lankershim Blvd North Hollywood, CA.
What is the asking price?
The asking price for this property is $1,400,000.
What are key features of this property?
This property features: Approximately 3,998‑square‑foot industrial building; Approximately 0.19‑acre lot; Approximately 12 feet of clear ceiling height
