Elies Village

8707 Lindley Avenue Northridge, CA 91325

8707 Lindley Avenue, Northridge, CA, 91325
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FOR SALE FOR LEASE
Property Type:
Multi Tenant Office
Amount:
Please Call Broker for Price

Last Verified:
Nov 14, 2024

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Highlights


Description

Introducing a prime investment opportunity at 8707 Lindley Avenue, Northridge, CA. This 11,050 SF building, boasting 9 units, presents a compelling prospect for office building investors. Built in 1986 and zoned LAC2, this property offers a solid foundation for maximizing returns. Nestled in the sought-after San Fernando Valley area, these offices are strategically positioned for success. With a proven track record and potential for growth, this property is a wise choice for investors seeking a lucrative addition to their portfolio.

Formerly an aroma therapy space, this approximately 1700 square feet area is ideal for a beauty salon, retail businesses, or professional services. Featuring four private rooms, a private restroom, and a reception area, it only requires new paint and possibly flooring, depending on your business needs. This presents a great opportunity for most retailers or professional service businesses.

Located on the northwest corner of Parthenia Street and Lindley Avenue, approximately half a mile from Cal State University of Northridge, this plaza occupies a central position to cater to the surrounding area. It boasts easy access to major retailers, eateries, and a wealth of residential dwellings nearby.


Year Built: 1986
Building Size: 11050sq ft
Building Class: B
Lot Size: 0.44 acres

Units for Lease

8707 Lindley Ave.
Space Available: 1700 SF
Lease Type: NNN

Price Per Sqft/Month: $1.60

Map of 8707 Lindley Avenue, Northridge, CA, 91325

What are Real Estate Incentives?

Real Estate incentives range widely and have been overlooked by the Commercial Multiple Listing Services (MLS) for decades. Real estate incentives is a generic term used to group any number of programs, such as tax incentives, that are designated by an agency for a geographic area."

Why are Real Estate Incentives Important and to Whom?

"Incentives" are vital today and in the future because:

  • U.S. Public: Many incentives focus on job creation and Affordable Housing
  • Investors and Commercial Developers use incentives to reduce financial risk, obtain gap financing, etc. Investors and developers look for property listings with incentives available.
  • Commercial Real Estate Brokers, in mass, unfortunately do not know about incentives tied to their listings
  • Entire Supply Chain of Real Estate Development such as small and large companies who will provide goods and services to new and revitalized properties.