8124-8144 Sunland Blvd 42,317 SF 96% Leased Retail Building Sun Valley, CA 91352 $8,144,301 CAD ($192.46 CAD/SF) 5.93% Cap Rate

New Reduced Price! Stevenson Real Estate Services is pleased to present 8124 - 8142 Sunland Boulevard, a prime investment or owner-user opportunity in the heart of Sun Valley. The property is priced at a current cap rate of 5.93% with a pro forma cap rate of 8.48% by leasing vacancies at market rates and passing through all CAM charges. There is 7,717 square feet of second floor office/commercial space available for an owner-user to occupy. The property is 42,317 square feet (per Assessor) of multitenant buildings on 65,738 square feet of land. Located just off of the Sunland Boulevard/San Fernando Road intersection where there is a vehicle count of 33,500 cars per day (per 2024 MPSI estimate), this property enjoys outstanding visibility and easy access to major traffic routes. The property provides ample on-site parking and is priced below replacement cost at $141 per building square feet. The tenancy includes a mix of month-to-month and longer-term leases including a laundromat, Domino’s pizza, a non profit charter school, and a non-profit rehabilitation center, with a current annual effective gross income of approximately $559,250 and a net operating income of $352,589. The property’s C2 zoning supports a wide range of uses, making it a strategic acquisition for retail, office or hybrid concepts. Located near major thoroughfares including the 5 Freeway and in
close proximity to Hollywood Burbank Airport, the site offers convenient access to surrounding communities such as Burbank, North Hollywood, and San Fernando. Contact the listing broker for additional information