Van Nuys Retail Building

6755 Van Nuys Blvd Los Angeles, CA 91405

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13,755 SF building in high-traffic Van Nuys location.

Type:Retail
Property size:
13,755 SF
Price / SF:
$435/SF
Added:
Nov 6, 2024
Days on Market:
613
Last Refresh:
Jul 4 at 12:12 pm

Property Features for 6755 Van Nuys Blvd

General Information

Standard status
Active
Size
13,755 SF
Property subtype
Retail

Building Details

Year Built
1950

Listing office NAI Capital HQ

Listing date Nov 6, 2024

Source Crexi

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

Local Financial Insights For Retail

Simulate Cap Rate and NOI

NOI Build-Up
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.

Component $ $/SF
Gross rent $508.4k $36.96
− Vacancy −$52.4k −$3.81
EGI $456.0k $33.15
− OpEx −$136.8k −$9.95
NOI $319.2k $23.21
13,755 SF · lease $36.96/SF/yr · vacancy 10.30% · expense 30.00%

Alternative Uses

Best Use
Retail
$4.56M
$3.99M – $5.32M (±1% cap)
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 (±1% cap)
NOI $19,506,763 @ 7.0% cap · market cap 325.66%
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Retail space

Suggested Use

Real Estate Agency Veterinary Clinic Bar & Pub Restaurant (Bike/Boat/Book/etc) Store Supermarket (Bike/Boat/Book/etc) Store Clothing & Fashion Store (Bike/Boat/Book/etc) Store Restaurant

Zoning and permitted uses should be independently verified with local authorities.

FAQs

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
Contact an agent
(818) 742-1624 Call to check price and availability
More about this property
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