Current Projects

Ground Lease Opportunity

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NWC Burbank & Sepulveda, Van Nuys

Freeway-adjacent commercial site available for ground lease.  Site comprises two lots which can accommodate either one or two tenants; aggregate land area equals +1.69 acres.  Zoned C2-1L (City of Los Angeles), ideal for retail, office or medical uses (drive-thru permissible).  Intersection exceeds 90,000 vehicles daily plus 215,000 vehicles per day on the 405.  High density locale (244,247 within a three-mile radius); average household income is $84,506.  Current ground lease expires February 2019. 

19-Lot Subdivision

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9092 Catawba Avenue, Fontana

A 19-lot residential subdivision available for sale with an approved tentative map.  The property consists of a 3.89 net acre single-family residential site (R-1 zoned) in an up and coming suburban neighborhood experiencing high velocity sales volumes. Lot sizes range from 6,780 square feet up to 11,580 square feet with an average lot size of 8,234 square feet; the density equals 4.88 dwelling units per net acre.    

Single-Tenant, NNN Citibank

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1995 41st Avenue, Capitola 

A single-tenant, absolute NNN-leased, Bay Area coupon clipper.  Long-term corporate lease with Citibank (S&P rated A - investment grade credit).  Below-market rents with annual rent escalations.  Building comprises 5,215-square feet with a drive-thru on a 20,865-square foot lot.  The site occupies a prominent gateway corner within a regional mall anchored by Target, Kohl's and Macy's; a major renovation of the mall is in design. 

 

Transaction Closed

Downloads

Burbank & Sepulveda, Van Nuys Flyer (pdf)

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Fontana 19-Lot Subdivision Site Plan (pdf)

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