Property Listing No Longer Available for Sale

12251 Ventura Blvd, Studio City, CA

Retail for Sale - $12,000,000 - 6,421 Sq. Ft. on 1.1 acres


Property Info

CIMLS#1121783
Location
  12251 Ventura Blvd
  Studio City CA 91604
UpdatedFebruary 2nd, 2023
TypeRetail
Price$12,000,000
Building6,421 Sq. Ft.
Land1.1 acres

Property Description

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Trophy NNN asset located in the heart of Studio City occupied by Wells Fargo, a National credit tenant. The subject property built in 1971 is a freestanding retail building and resides on a 48,090 Sq. Ft lot with fifty-five surface parking spaces for its employees and customers. The property consists of one structure which includes a drive-up bank teller window and caters to the direct needs of the residents and businesses in the immediate area. Studio City, specifically the Silver Triangle, is the San Fernando Valley’s version of the Golden Triangle in Beverly Hills. This section of Studio City is coveted for its central location with incredible access to numerous walkable amenities. Residents are steps away from the intersection of Laurel Canyon Blvd and Ventura Blvd, home to grocery stores such as Trader Joe’s and countless restaurants, cafes, and shops. The subject property’s location flourishes from the 37,000+ daily traffic counts and a walk score of 93, enabling pedestrians ease of access to the business.


Financials



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