11460 Porter Ranch Dr, Porter Ranch, CA 91326

Prime Retail Building Ideally Located in the Porter Ranch Town Center

• Ideally situated as a part of the Porter Ranch Town Center, a 560,000 square foot Power Center
• The Porter Ranch Town Center is one of the dominant Power Centers in the West San Fernando Valley and the home to several national credit tenants including Walmart, Jo-Ann Fabrics, CVS, Ralphs, Burlington, Party City, Petco, In-N-Out Burger, Starbucks, Wells Fargo Bank, Chase Bank, Islands, TGI Fridays, and Souplantation
• Located directly across the street from the Vineyards at Porter Ranch, a shopping center which includes Nordstrom Rack, Whole Foods, Ulta Beauty, and the Kaiser Permanente Porter Ranch Medical Office
• Strong rental pocket with significant demand from national tenants
• The subject property is the only major vacancy in the Porter Ranch Town Center
• The subject property has a depressed loading dock with two bays at the rear of the property

Excellent Retail Fundamentals Create a Unique Buying Opportunity

• Ideally located at an end-cap of the Porter Ranch Town Center, the dominant power center in the immediate area
• 205 feet of building frontage
• The entrance to the Porter Ranch Town Center is located off of the signalized intersection of Porter Ranch Drive and Rinaldi Street
• Right to signage at three highly visible locations: the Pylon sign at Porter Ranch Drive and the CA-118 off ramp, the monument sign at the southwest corner of the center, and the monument sign at the southeast corner of the center
• Excellent parking with a total of 224 parking spaces, a parking ratio of 4.71 parking spaces per 1,000 square feet
• Situated on 180,888 square feet of land
• Part of a fully stabilized 560,000 square foot Power Center
• Located directly off of the California State Route 118 Freeway with direct freeway access
• The center ideally caters to the needs of the dense immediate population
• Vibrant single family residential market surrounds the center, with a median home value of $809,773 within one mile of the subject property

Ideal Owner-User or Value Add Opportunity

• The subject property is the only major vacancy within the Porter Ranch Town Center, allowing an owner-user the opportunity to a portion or all of the property
• An excellent value-add opportunity for an investor to lease up and stabilize the property with one or multiple national credit tenants
• Building is easily divisible, creating a multitude of potential options
• Plans have been approved by the Design Review Board and City of LA to split the space into two equal sized units

Affluent Sub-Market with Strong Underlying Demographics and Strong Population

• Average household income within one mile of the property exceeds $150,500, $127,700 within three miles, and $108,700 within five miles
• Average household income north of $150,000 in the immediate submarket far surpasses the average for Metro Los Angeles
• Over 4,000 households are located within one mile of the property, 31,600 within three miles of the property, and 88,300 within five miles of the property
• Over 11,700 people are located within one mile of the subject property, 89,700 people located within three miles of the property, and 270,200 within five miles of the property