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6424 van nuys blvd

PRICE

$3,270,000

BUILDING SIZE

9,410SF

LOT SIZE

14,004SF

VAN NUYS, CA 91401

CAP RATE

PRICE/SF (BLDG)

6.50%

$348

PRICE/SF (LAND)

$234

The Brandon Michaels Group of Marcus & Millichap, as Exclusive Advisor, is pleased to present 6424 Van Nuys Boulevard, a 9,410 square foot Skechers-anchored multi-tenant retail property situated on 0.32 acres of land (14,004 SF) located on the SE signalized corner of Van Nuys Boulevard and Gilmore Street, one block north of Victory Boulevard, in the densely populated East San Fernando Valley submarket of Van Nuys, CA.

6424 Van Nuys Blvd is a two-tenant retail property currently 100% occupied by Skechers and I Love You Brunch, an authentic Mexican cuisine restaurant. Skechers, a globally recognized footwear and apparel brand founded in 1992 and headquartered in Manhattan Beach, California, is publicly traded on the New York Stock Exchange under the ticker symbol SKX.

The subject property benefits from outstanding visibility at the SE signalized corner of Van Nuys Boulevard and Gilmore Street with approximately 70 feet and 200 feet of frontage, respectively. Van Nuys Boulevard is the primary north-south commercial corridor with traffic counts in excess of 36,000 vehicles per day. The property benefits from eleven (11) parking spaces, a parking ratio of 1.17 spaces per 1,000 SF, accessible via Gilmore Street.

Van Nuys is a diverse and vibrant neighborhood located in the San Fernando Valley of Los Angeles, offering a mix of cultural influences, convenient amenities, and a range of housing options.

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