Neighborhood Retail
For Sale
Contact for pricing
8707 Lindley Ave, Northridge, CA
Nine-unit NNN retail center on a signalized intersection near CSUN, offering value-add potential for qualified investors.
Property Size11,050 SF
Lot Size0.44 Acres
Days on Market95
Property Features for 8707 Lindley Ave
General Information
Standard status
Active
Size
11,050 SF
Lot size
0.44 Acres
Property subtype
Retail
Lease Term
NNN
Additional Details
Cap Rate
5.03%
Road Access
Yes
Building Details
Building Size
11,050 SF
Year Built
1986
Tenancy
Multi
Properties For Sale
at 8707 Lindley Ave Contact us- Size
- 811 SF
- Type
- Strip Center
- Term
- Negotiable
8707 Lindley Ave D
Listing Agency:
CBM1
Listed By:
David Guardado · License #CalDRE #1837493
(818) 854-0861
Source:
Cbm1
Added: Jun 24
Changed: Sep 20
Last Checked: Sep 24 at 6:49AM
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 CBM1
Investment Insights
Based on property information with market context.
A 9-unit neighborhood shopping center is offered for sale in Northridge. The property includes a single 11,050 SF building on a 19,166 SF lot, constructed in 1986. It is operated as an NNN lease investment, providing a multi-tenant retail configuration that can support a range of neighborhood-serving uses.
The center is situated on a major signalized intersection at Lindley and Parthenia, with placement described as convenient and accessible for surrounding retail traffic. The offering is also noted as being near CSUN, aligning the asset with demand from a consistently active local corridor.
From an investment standpoint, the seller frames this as a value-add opportunity. The public remarks cite a current cap rate of 5.03% on NOI of $226,376, with a pro forma cap rate of 6.66% and pro forma NOI of $298,545.72. For buyers, this combination of an NNN structure, multi-unit layout, and identified value-add underwriting parameters may be particularly relevant for investors seeking a neighborhood retail holding with room to execute within the pro forma scenario.
The center is situated on a major signalized intersection at Lindley and Parthenia, with placement described as convenient and accessible for surrounding retail traffic. The offering is also noted as being near CSUN, aligning the asset with demand from a consistently active local corridor.
From an investment standpoint, the seller frames this as a value-add opportunity. The public remarks cite a current cap rate of 5.03% on NOI of $226,376, with a pro forma cap rate of 6.66% and pro forma NOI of $298,545.72. For buyers, this combination of an NNN structure, multi-unit layout, and identified value-add underwriting parameters may be particularly relevant for investors seeking a neighborhood retail holding with room to execute within the pro forma scenario.
Key Highlights
- 9‑unit NNN retail center with a 11050 SF building on a 19,166 SF lot
- Built in 1986; located near CSUN on a major signalized intersection at Lindley + Parthenia
- Current cap rate 5.03% with NOI of $226,376
Property Analytics
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Open Analytics
Current Use
Lease Details
Multi-tenant
Tenancy
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
1,544
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Retail in West region
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Frequently Asked Questions
What type of property is this?
Shopping center - Nine-unit NNN retail center on a signalized intersection near CSUN, offering value-add potential for qualified investors.
Where is this shopping center located?
The property is located at 8707 Lindley Ave Northridge, CA.
What are key features of this property?
This property features: 9‑unit NNN retail center with a 11050 SF building on a 19,166 SF lot; Built in 1986; located near CSUN on a major signalized intersection at Lindley + Parthenia; Current cap rate 5.03% with NOI of $226,376
