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.