Van Nuys Retail
For Sale
Contact for pricing
6755 Van Nuys Blvd, Los Angeles, CA 91405
13,755 SF building in high-traffic Van Nuys location.
Property Size13,755 SF
Price / SF$435.48
Days on Market661
Property Features for 6755 Van Nuys Blvd
General Information
Standard status
Active
Size
13,755 SF
Class
B
Property subtype
Retail
Zoning
Commercial
Investment Type
Owner/User
Building Details
Year Built
1950
Year Renovated
1985
Buildings
1
Stories
2
Units
1
Listing Agency:
NAI Capital HQ
(818) 742-1624
Listed By:
Jesse Paster · License #CA 01316106
Source:
Crexi
Added: Nov 6, 2024
Changed: Aug 26
Last Checked: Aug 28 at 11:54AM
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 NAI Capital HQ
Investment Insights
Based on property information with market context.
This 13,755 square foot building is located in Van Nuys, with frontage on both Van Nuys Boulevard and Vanowen Street. The location benefits from high traffic, with an average daily count of over 66,000 vehicles. A Metro Light Rail stop is planned for the intersection. The property is suitable for investors or retailers seeking a location with high visibility, accessibility, and parking.
Key Highlights
- High‑traffic location with 66,000+ vehicles daily
- Frontage on both Van Nuys Blvd. and Vanowen Street
- Future Metro Light Rail stop at the intersection
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
$319,215
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
5.33%
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%
$6,384,300
$6.4M
Cap Rate 7%
$4,560,214
$4.6M
Cap Rate 9%
$3,546,833
$3.5M
Market Conditions
NOI Build-Up for 13,755 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
$508.4K $36.96/SF
− Vacancy
−$52.4K −$3.81/SF
EGI
$456.0K $33.15/SF
− OpEx
−$136.8K −$9.95/SF
NOI
$319.2K $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 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%
$6,384,300
Cap Rate 7%
$4,560,214
Cap Rate 9%
$3,546,833
Alternative Uses
Best Use
Retail
$4.56M
$3.99M – $5.32M
NOI $319,215 @ 7.0% cap · market cap 5.33%
Second Best
—
—
no second resolved use
Theoretical Best
Multifamily LT 5
$278.67M
$243.83M – $325.11M
NOI $19,506,763 @ 7.0% cap · market cap 325.66%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
3,635
Businesses Nearby
218k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Dining 45%
Shops & Services 30%
Groceries 16%
Apparel 6%
Jons Marketplace
Groceries
34,248 visits/mo
0.1 miles
Starbucks
Dining
30,784 visits/mo
0.2 miles
McDonald's
Dining
24,189 visits/mo
0.4 miles
PLS Financial Services
Shops & Services
17,136 visits/mo
0.1 miles
Bank of America
Shops & Services
16,469 visits/mo
0.2 miles
Demographics for 91405, CA
55,319
Population
19,822
Households
2.8
Avg Household Size
36
Median Age
26%
College-Educated
75%
High-School Grad
3.4 sq mi
ZIP Area
16,270
Density / Sq Mi
$61,207
Median Household Income
$34,833
Median Earnings
$1,736
Median Rent
$698,100
Median Home Value
Market
Vacancy Rate% for Retail in Los Angeles, CA
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Retail space - 13,755 SF building in high-traffic Van Nuys location.
Where is this retail space located?
The property is located at 6755 Van Nuys Blvd Los Angeles, CA.
What is the asking price?
The asking price for this property is $5,990,000.
What are key features of this property?
This property features: High‑traffic location with 66,000+ vehicles daily; Frontage on both Van Nuys Blvd. and Vanowen Street; Future Metro Light Rail stop at the intersection
