EXCLUSIVE MULTIFAMILY OFFERINGEXCLUSIVE RETAIL OFFERING
CALIFORNIA DENTAL GROUP / STAR HOOKAH - GRANADA HILLS, CA17524 CHATSWORTH STGRANADA HILLS, CA 91344
OFFERING SUMMARY
YEAR 1 YEAR 2
Price $1,499,000
Down Payment All Cash
Gross Leasable Area 3,250
Price/SF $461.23
Occupancy 100%
Year Built 1959
Lot Size 0.15 acre(s)
CAP Rate 4.32% 4.49%
Net Operating Income $64,716 $67,301
Net Cash Flow After Debt Service $64,716 $67,301
Total Return 4.32% / $64,716 4.49% / $67,301
INVESTMENT HIGHLIGHTS
§ Pride of Ownership Asset
§ Recession Proof Tenants with Strong Commitment to Location
§ Situated in the Heart of Old Granada Hills
§ Excellent Sub Market Positioned for Continued Growth
EXCLUSIVELY LISTED BY:
Jeffrey MyersSenior AssociateTel: (213) 943-1803License: CA [email protected]/JeffreyMyers
This information has been secured from sources we believe to be reliable, but we make no representations or warranties, express or implied, as to the accuracy of the information. References to square footage or age are approximate. Buyer must verify the information and bears all risk for any inaccuracies. Marcus & Millichap is a service mark of Marcus & Millichap Real Estate Investment Services, Inc. © 2018 Marcus & Millichap. All rights reserved. (Activity ID: ZAA0140224 Property ID: 1092682)
EXCLUSIVE MULTIFAMILY OFFERINGEXCLUSIVE RETAIL OFFERING
101 West Elm Street, Suite 600, Conshocken, PA 19428 | Tel (215) 531-7000 Fax: (215) 531-7010
CALIFORNIA DENTAL GROUP / STAR HOOKAH - GRANADA HILLS, CA17524 CHATSWORTH STGRANADA HILLS, CA 91344
EXPENSES
CAM $4,814 $4,814
Insurance $1,799 $1,799
Real Estate Taxes $18,560 $18,560
Management Fee
Miscellaneous Expenses
Total Expenses $25,173 $25,173
REVENUE
YEAR 1 YEAR 2
Base Rental Revenue $89,888 $92,474
Reimbursement Income
Miscellaneous Income
Potential Gross Revenue $89,888 $92,474
General Vacancy
Effective Gross Revenue $89,888 $92,474
NET OPERATING INCOME
Net Operating Income $64,716 $67,301
This information has been secured from sources we believe to be reliable, but we make no representations or warranties, express or implied, as to the accuracy of the information. References to square footage or age are approximate. Buyer must verify the information and bears all risk for any inaccuracies. Marcus & Millichap is a service mark of Marcus & Millichap Real Estate Investment Services, Inc. © 2018 Marcus & Millichap. All rights reserved. (Activity ID: ZAA0140224 Property ID: 1092682)