8249 Sunland Blvd.

Offering Highlights

  • Offer Price:

    $900,000

  • Net Reantable Area:

    3,740

  • Status:

    Under Contract

Marcus & Millichap is pleased to present 8249 Sunland Boulevard, a multi-tenant retail asset in the heart of a growing Sun Valley. The 3,740 square foot building is located near the busy intersection of Sunland and Roscoe Boulevard. Resting on 4,749 square-foot lot (0.11 Acres), 8249 Sunland Boulevard is zoned LAC2, in a green and opportunity zone and close to the 5 freeway. With less than a year remaining on the leases, 8249 Sunland Boulevard is a perfect opportunity for a value-add investor to redevelop the site or significantly raise rents. This area is growing rapidly, with new developments happening throughout the city, including a brand new Drive-Thru Starbucks that recently opened directly across the street from 8249 Sunland Boulevard.

Sun Valley is a growing area accommodating various businesses both large and small with a population of 78,452. Covering many major commuter bases, Sun Valley is served by the 5 freeway, the Hollywood Burbank Airport, and the Sun Valley Metrolink Station. With an urban feel and great visibility, 8249 Sunland Boulevard is the perfect asset for long term investment in the transitioning northeast end of San Fernando Valley. This location has a walk score of 73, a transit score of 51, and a bike score of 54, making this particular stretch of Sunland Blvd easily accessible for everyone, even those without cars.

INVESTMENT HIGHLIGHTS:

  • Green & Opportunity Zone
  • Short Term Leases
  • High Traffic Volume
  • Easy Access to the 5 Freeway
  • Value Add Opportunity
  • Close Proximity to North Hollywood, Burbank, Sherman Oaks, Studio City & Panorama City

 

Exclusively listed by:

Sam Liberow
First Vice President Investments
Direct: 818-212-2795
Cell: 718-406-3128
SLIBEROW@MARCUSMILLICHAP.COM

CA: 01933858

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