8040 Foothill BlvdLos Angeles, CA 91040

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

Retail properties

Property subtype

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.

• 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

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