816 san fernando road
SAN FERNANDO, CA 91340
PRICE
$3,800,000
BUILDING SIZE
19,744SF
LOT SIZE
9,916 SF
CAP RATE
PRICE/SF (BLDG)
PRICE/SF
(LAND)
5.77%
$192
$383
The Brandon Michaels Group of Marcus & Millichap, as Exclusive Advisor, is pleased to present 816 San Fernando Road, a 19,744 square foot two story storefront retail/office building situated on 0.22 acres of land (9,916 SF) ideally located at the SE signalized corner of San Fernando Road & S Brand Boulevard in the heart of downtown San Fernando, CA.
816 San Fernando Road is 97.2% occupied by a mix of retail and office uses. The property is comprised of eight (8) ground floor arcade style retail units and fourteen (14) second floor office units totaling 15,947 SF of net rentable area. The ground floor retail units average 725 SF and the second-floor office units average 937 SF, ideal unit sizes that can appeal to a variety of uses.
The subject property is at the highly visible signalized corner of San Fernando Road and S Brand Boulevard in the City of San Fernando’s highly pedestrian oriented downtown district. The property enjoys approximately 98 and 103 feet of frontage along San Fernando Road and S Brand Boulevard, respectively with a walk score of 95 (a “Walker’s Paradise” per CoStar).
816 San Fernando is also centrally positioned along the future East San Fernando Valley Metro light rail transit project. The property is 0.2 miles, a 4 min walk, from the San Fernando Road & Maclay Avenue station and will provide access south to the Orange Busway through Van Nuys.