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8381-8385 Canoga Ave
Canoga Park, CA 91304

Industrial Property For Sale

PROPERTY FACTS

Property Type Industrial
Property Subtype Manufacturing
Building Class C
Lot Size 0.98 AC
Rentable Building Area 22,704 SF
No. Stories 1
Year Built 1978
Parking Ratio 1.98/1,000 SF
Clear Ceiling Height 16 FT
No. Drive In / Grade-Level Doors 2

Amenities

  • Fenced Lot
  • Signage
  • Yard
  • Fluorescent Lighting
  • Air Conditioning

Utilities

  • Water - City
  • Sewer - City

About 8381-8385 Canoga Ave , Canoga Park, CA 91304

BUILDING OVERVIEW 8381-85 Canoga Avenue offers great street exposure with frontage and parking on Canoga Avenue. In addition to building frontage for signage, there is also a large monument sign. The building was constructed in 1978 with a total size of approximately 22,704 sf. It is situated on approximately 42,689 sf (0.98 Ac) of land zoned MR2. The building has 800 amps 3 phase 4 wire electrical service. The construction is concrete block with a flat roof. The minimum clearance is 17' with parking for 45 cars. There are two fenced rear yards that can be used for storage or parking as well as parking along the front of the building, facing Canoga Avenue. There are two ground level loading doors (12’ x 14’) at the rear of the building. There are a total of 5 rest rooms for the facility. There is a total of approximately 5,517 sf of office space with hvac. The warehouse portion of the building has several evaporative coolers. TENANT OVERVIEW The building is currently divided in half. 8381 Canoga Avenue, which is 11,352 sf, is occupied by Funtime Cabinets. This is a state of the art high end cabinet shop. This portion of the building has a large beautiful show room, high end offices and a manufacturing set up in the warehouse. (See pictures) The lease term is for 5 years with a 5 year option to renew. See rent roll for increases. 8385 Canoga Avenue, which is 11,352 sf, is occupied by the Owner(Jot Engineering) and one tenant (Impact Cheer and Tumbling).The owner occupies the rear portion which is 7,279 sf and tenant occupies the front portion which is 4,073 sf. Jot engineering is a machine shop with distributed power and several evap coolers in the warehouse. There is currently approximately 2,000 sf of office with hvac. Impact Cheer teaches top knotch skills for cheer and dance teams. (See rent roll). 8385 Canoga will be delivered vacant at the close of escrow. RENT ROLL Funtime Cabinet Factory June 1, 2019 - $10,216.00 June 1, 2020 - $10,624.00 June 1, 2021 - $11,050.00 June 1, 2023 - $11,492.00 June 1, 2024 - $11,951.00 Impact Cheer $3600/Mo Expires November 30, 2019 JOT Engineering Owner

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
2779-022-259
Land Assessment
$3,002,164
Improvements Assessment
$1,661,912
Total Assessment
$4,664,076

zoning

Zoning Code MR2 (Lessee to Verify)
MR2 (Lessee to Verify)
  • Listing ID: 15985609

  • Date on Market: 5/8/2019

  • Last Updated:

  • Address: 8381-8385 Canoga Ave, Canoga Park, CA 91304

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