15922 Strathern St, Van Nuys, CA 91406 TENANT INDUSTRIAL ...€¦ · 15922 Strathern St, Van Nuys,...

15922 S t ra thern S t , Van Nuys , CA 91406

& 15909 - 15923 B ly the S t , Van Nuys , CA 91406

MULTI-TENANT INDUSTRIAL FOR SALE

CONTACT US

17547 Ventura Blvd, Suite 304 - Encino, CA 91316 - 818.501.2212 - www.illicre.com - DRE #01834124

TODD NATHANSON · President

(818) 501-2212 x101 · [email protected]

DRE #00923779

GREG OFFSAY · VP


DRE #01837719

JESSE KNIGHT · Associate


DRE #01998286

This information has been secured from sources we believe to be reliable, but we make no representations or warranties, expressed or implied, as to the accuracy of the information.

References to square footage or age are approximate. Buyer must verify the information and bears all risk for any inaccuracies.

ETHEL A

VE.

PARCEL MAP

15922 S t rathern S t , Van Nuys , CA 91406


For the first time on the market in 60 years, illi Commercial Real Estate is pleased to present for sale 15922 Strathern Street, a multi-

tenant industrial property in the heart of the Van Nuys Industrial district and a Qualified Opportunity Zone, between the 405 Freeway

and Van Nuys Airport. Built in 1959 by San Fernando Valley based developer, Harry Marks, with continuous family ownership, the

property benefits from long-term tenancy and historically high occupancy. With most tenants previously on month-to-month leases,

management has recently executed new, market rate leases with many long-term tenants, and new tenants alike. Each new lease

includes landlord termination rights, affording buyers the flexibility to maintain stable cash flow through current tenancy or to explore

alternate plans for the property over time. Also available are the two adjacent properties located at 15904 Strathern Street and 7933

Gloria Avenue. The combined land measures roughly 1.75 Acres, offering the possibility of a large-scale redevelopment of the

parcels.

15922 Strathern St

CONTACT US




DRE #00923779

GREG OFFSAY · VP


DRE #01837719



DRE #01998286



SITE PLAN

1 2 4 3 5 6 8 7 9 10

25 24 23 22 21 20 19 18 17 16

11

12

13

14

15 15923

15921

15915

15911

15909

STR

AT

HER

N S

TREE

T

BLY

THE

STR

EET

BUILDING HIGHLIGHTS

Building Size (SF) 22,764 Stories 1

Parking Stalls 62 Building Height 13 ft

Parcel Size (SF) 42,253 Clear Height 10 ft

Year Built 1954 Overhead Door 1, 8 x 8 Roll-Up Per Unit

Zoning LAM2 Number of units 12

CONTACT US




DRE #00923779

GREG OFFSAY · VP


DRE #01837719



DRE #01998286



15922 S t rathern S t , Van Nuys , CA 91406


The information contained in the following Marketing Brochure is proprietary and strictly confidential. It is intended to be reviewed only by the party receiving it from illi Commercial

Real Estate and should not be made available to any other person or entity without the written consent of illi Commercial Real Estate or the seller of the property (“Seller”). This

Marketing Brochure has been prepared to provide summary information to prospective purchasers, and to establish only a preliminary level of interest in the subject property. The

information contained herein is provided for informational purposes only and without representation or warranty of any kind from the Seller, illi Commercial Real Estate or otherwise.

Such information is not a substitute for a thorough due diligence investigation. Without limiting the foregoing, neither illi Commercial Real Estate nor Seller has made any investigation,

and makes no warranty or representation, with respect to the income or expenses for the subject property, the future projected financial performance of the property, the size and

square footage of the property and improvements, the presence or absence of contaminating substances, PCB’s or asbestos, the compliance with State and Federal regulations, the

physical condition of the improvements thereon, or the financial condition or business prospects of any tenant, or any tenant’s plans or intentions to continue its occupancy of the

subject property. Neither illi Commercial Real Estate nor Seller makes any warranty or representation whatsoever regarding the accuracy or completeness of the information provided.

All potential buyers must make and rely on their own independent investigation and take appropriate measures to verify all information set forth herein.

The subject property contains operating businesses. Do not disturb tenants or speak with staff of businesses about this offering.

15922 Strathern St, Van Nuys, CA 91406 TENANT INDUSTRIAL ...€¦ · 15922 Strathern St, Van Nuys,...

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