8040 Foothill BlvdLos Angeles, CA 91040
- Community centers
- 94,500 SF
Property Details for 8040 Foothill Blvd
- Year built
- 1977
- Lot size
- 11.43 AC
- Property size (Sq ft)
- 94,500 SF
- Zone code
- LAP
- Property type
- Community centers
- APN
- 2559-005-020
- APU
- 2559005020
Description
This exceptional free-standing retail building, located at 8040 Foothill Boulevard in the Sunland submarket of Los Angeles, California, presents a significant opportunity for a single tenant. The property boasts a substantial 94,500 square feet of vacant space, ideal for a large-scale retail operation or a business requiring expansive floor area. Situated on an expansive 11-acre lot in Los Angeles County, this property offers ample space for parking, loading, and potential future expansion. The building's single-tenant occupancy ensures complete control and flexibility for the lessee. The property's address is 8040 Foothill Blvd, Los Angeles, CA 91040. Its prime location within the Sunland submarket provides excellent visibility and accessibility. This is a rare opportunity to secure a large, free-standing retail building in a desirable Los Angeles location. The property is currently available for lease and offers a blank canvas for a discerning tenant to create a thriving business. The total building square footage is 94,500 square feet, all of which is currently vacant. This presents a unique chance to customize the space to perfectly meet the needs of a new occupant. The property's size and location make it an attractive proposition for a variety of retail uses.
Valuation
by Paperhouses methods
- Valuation date:
- Dec 11, 2024
-
CAP approach
- CAP return
- Valuation
- 6%
- $45,276,720
- 6.5%
- $41,793,896
- 7%
- $38,808,616
-
Comparable approach
- Method
- Valuation
- Relative Method
- $45,284,704
- Geo Method
- $45,284,704
-
Alternative Use
- Use
- Valuation
- Residential
- $35,254,712
- Hospitality
- $32,293,128
- Educational
- $26,867,504
- Medical
- $27,791,518
- Retail
- $41,793,896
Location Insight
- City
- Sunland
- County
- Los Angeles
- State
- California
- Latitude
- 34.2583
- Longitude
- -118.308
- CBSA code
- 31080
- CBSA name
- LOS ANGELES-LONG BEACH-ANAHEIM, CA METROPOLITAN STATISTICAL AREA
Property Tax & Assessments
Comparable in this City
Similar Nearby for Sale
FAQs
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