7949 Wheatland, Sun Valley, CA 91352

$3,540,000

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List Price
$3,540,000
Status
ACTIVE
MLS#
PW26120745
Year Built
1986
Lot Size
11,065
Acres
0.25
Lot Location
0-1 Unit/Acre, Corner Lot, Near Public Transit
Days on Market
56
Property Type
Commercial
Property Sub Type
Industrial

Property Description

Rare owner-user opportunity in the heart of the Sun Valley industrial corridor. Acquire a freestanding 6,675 SF industrial warehouse on an 11,065 SF corner lot, free and clear, paired with a 48-year-old cash-flowing fastener distribution business. The building is zoned MR1-1, built in 1986, and sits two minutes from the I-5 freeway and five minutes from Hollywood Burbank Airport. Gated lot, will-call window, shipping and receiving dock, and immediate freeway visibility. Sun Valley industrial vacancy sits at 2.6%, freestanding product under 10,000 SF in this corridor rarely comes to market. The business is included in the combined asking price of $3,540,000 ($2,990,000 real property / $550,000 business). Recast SDE of $235,000 reflects normalized owner compensation and elimination of related-party rent upon combined acquisition. The buyer owns the building and operates the business; no landlord, no lease, no renewal risk. Full offering memorandum available upon request. Detailed financials available to qualified buyers upon execution of an NDA. Do not contact the business or its employees directly. All inquiries through listing broker.

Additional Information

Attached Structure
Detached

Listing courtesy of Listing Agent: Eduardo Becerra (edbecerra13@aol.com) from Listing Office: Main St Properties.

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Based on information from California Regional Multiple Listing Service, Inc. as of . This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.