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6000 Woodman Ave
7,973 SF 69% Leased Retail Building Van Nuys, CA 91401 $3,600,000 ($452/SF) 6.55% Cap Rate
Investment Highlights
- 100% Occupied Prime Mixed-Use Opportunity in Van Nuys
- The property benefits from 25 parking spaces, a ratio of 3.14 per 1,000
- The surrounding area boasts a dense population with robust household incomes, providing a solid customer base for retail tenants
- Signalized Intersection, High visibility, and significant traffic, with approximately 22,000 vehicles passing daily
- Proximity to Major Freeways - The property enjoys convenient access to key freeways including the 101, 405, 134 Freeway
Executive Summary
Located in the heart of Van Nuys, the property benefits from high visibility and excellent accessibility. The site enjoys prominent positioning at the signalized intersection of Woodman Avenue and Oxnard Street, where it attracts substantial traffic with approximately 22,000 vehicles per day. This prime location enhances its appeal, surrounded by a diverse range of local amenities and businesses, and directly adjacent to the metro Orange Line busway.
6000 Woodman Avenue represents an exceptional investment opportunity in one of the San Fernando Valley’s most dynamic and rapidly evolving markets. Its strategic location, combined with its stable tenant mix and strong market fundamentals, makes it an ideal acquisition for investors seeking a high-quality asset with robust income potential and significant future upside.
Financial Summary (Actual - 2023) |
Annual | Annual Per SF |
|---|---|---|
| Gross Rental Income |
$337,416
|
$42.32
|
| Other Income |
-
|
-
|
| Vacancy Loss |
$16,871
|
$2.12
|
| Effective Gross Income |
$320,545
|
$40.20
|
| Taxes |
$43,200
|
$5.42
|
| Operating Expenses |
$41,670
|
$5.23
|
| Total Expenses |
$84,870
|
$10.64
|
| Net Operating Income |
$235,675
|
$29.56
|
Financial Summary (Actual - 2023)
| Gross Rental Income | |
|---|---|
| Annual | $337,416 |
| Annual Per SF | $42.32 |
| Other Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss | |
|---|---|
| Annual | $16,871 |
| Annual Per SF | $2.12 |
| Effective Gross Income | |
|---|---|
| Annual | $320,545 |
| Annual Per SF | $40.20 |
| Taxes | |
|---|---|
| Annual | $43,200 |
| Annual Per SF | $5.42 |
| Operating Expenses | |
|---|---|
| Annual | $41,670 |
| Annual Per SF | $5.23 |
| Total Expenses | |
|---|---|
| Annual | $84,870 |
| Annual Per SF | $10.64 |
| Net Operating Income | |
|---|---|
| Annual | $235,675 |
| Annual Per SF | $29.56 |
Property Facts Under Contract
Amenities
- Bus Line
- Corner Lot
- Fenced Lot
- Pylon Sign
- Restaurant
- Security System
- Signage
- Signalized Intersection
- Skylights
- Tenant Controlled HVAC
- Storage Space
- Air Conditioning
- Balcony
Space Availability
- Space
- Size
- Space Use
- Position
- Available
Situated within a bustling shopping center in the heart of Van Nuys, adjacent to Sherman Oaks and North Hollywood, this medical office space offers a prime location for healthcare professionals. The space comprises six rooms for patient consultations, with two rooms equipped with sinks for added convenience. Opportunity for expansion to next door up to an additional 1000SF!! The layout includes a spacious waiting area for patients, ensuring comfort and privacy. Additionally, there's a small office designated for the doctor's administrative tasks or consultations. This unoccupied medical clinic is ready for immediate leasing, presenting an excellent opportunity for practitioners seeking a central location with high visibility. The property also holds potential for owner-user investment, providing flexibility for future expansion or customization. Features: 6 patient consultation rooms 2 rooms with sinks Waiting area Doctor's office Prime location within a busy shopping center Potential for owner-user investment Additional Information: The landlord is open to offering the property for lease to a Small Business Administration (SBA) Owner User candidate, with the option for either a sale or a lease arrangement. Additionally, they are willing to provide a first right of refusal for the sale of the property to the tenant if necessary. Lease terms: Flexible Don't miss out on this opportunity to establish or expand your medical practice in a thriving area with excellent potential for growth and visibility. Contact us today to schedule a viewing or inquire about leasing options.
| Space | Size | Space Use | Position | Available |
| 1st Floor | 1,500-2,500 SF | Office/Medical | End Cap | Jan 2025 |
1st Floor
| Size |
| 1,500-2,500 SF |
| Space Use |
| Office/Medical |
| Position |
| End Cap |
| Available |
| Jan 2025 |
1st Floor
| Size | 1,500-2,500 SF |
| Space Use | Office/Medical |
| Position | End Cap |
| Available | Jan 2025 |
Situated within a bustling shopping center in the heart of Van Nuys, adjacent to Sherman Oaks and North Hollywood, this medical office space offers a prime location for healthcare professionals. The space comprises six rooms for patient consultations, with two rooms equipped with sinks for added convenience. Opportunity for expansion to next door up to an additional 1000SF!! The layout includes a spacious waiting area for patients, ensuring comfort and privacy. Additionally, there's a small office designated for the doctor's administrative tasks or consultations. This unoccupied medical clinic is ready for immediate leasing, presenting an excellent opportunity for practitioners seeking a central location with high visibility. The property also holds potential for owner-user investment, providing flexibility for future expansion or customization. Features: 6 patient consultation rooms 2 rooms with sinks Waiting area Doctor's office Prime location within a busy shopping center Potential for owner-user investment Additional Information: The landlord is open to offering the property for lease to a Small Business Administration (SBA) Owner User candidate, with the option for either a sale or a lease arrangement. Additionally, they are willing to provide a first right of refusal for the sale of the property to the tenant if necessary. Lease terms: Flexible Don't miss out on this opportunity to establish or expand your medical practice in a thriving area with excellent potential for growth and visibility. Contact us today to schedule a viewing or inquire about leasing options.
Nearby Major Retailers
PROPERTY TAXES
| Parcel Number | 2330-028-017 | Total Assessment | $2,515,383 (2024) |
| Land Assessment | $1,859,197 (2024) | Annual Taxes | $43,200 ($5.42/SF) |
| Improvements Assessment | $656,186 (2024) | Tax Year | 2023 |
PROPERTY TAXES
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6000 Woodman Ave
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