The Hirth Group of Keller Williams Commercial, as exclusive advisor, is pleased to offer for sale 19420 Nordhoff Street, Northridge, CA 91324, strategically located near a plethora of national tenants, adjacent to the Northridge Fashion Center, and in close proximity to California State University of Northridge.
Built in 1987, the subject property boasts approximately 10,914 SF of building on a 41,265 SF lot. With almost an acre of land in a desirable C4 Zoning, the parcel is primed for a development opportunity or medical conversion. Casual Male will be moving out on November 30th, 2018 making this property ideal for an owner user to occupy 55% of the building (5,645 SF) and obtain SBA financing. This asset boasts 60 surface parking spots with an extraordinary 5:45 per 1,000 square foot parking ratio. The building has outstanding signage for all tenants and tremendous exposure from every direction. Lastly there is lease in place with Viacom/CBS Outdoor way below market rate at $1,500 per month expiring in 2024. Lazy Boy is renting one parking spot for $303 per month on a month to month term.
STRATEGIC LOCATION & HIGH TRAFFIC COUNTS - Adjacent to the Northridge Fashion Center Mall and in Close Proximity to the California State University, Northridge
EXCELLENT ZONING AREA - Phenomenal C4 Zoning with Development Opportunity / Medical Conversion
FINANCING SBA Financing Available
PARKING Property Boast 60 Surface Spaces - 5.45 per 1,00 SF