7949 WheatlandSun Valley, CA 91352

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.

Property Information

Property type

Commercial Sale

Sub-type

Industrial

Year built

1986

Stories

1

Building area

6,675 Sq Ft

Lot size

0.25 acres

Zoning

MR1-1

Days on market

120

MLS^® Listing#

PW26120745

Property Features

Laundry

None

Fencing

Security

Lot features

Corner Lot · Near Public Transit

Parcel number

2407013017

Directions

From the 5 Freeway, exit Sunland Blvd heading west. Turn left on San Fernando Road. Turn right on Wheatland Ave.