22001 VENTURA BLVD | WOODLAND HILLS, CA 91364 NWC Ventura Blvd & Topanga Cyn Blvd
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22001 VENTURA BLVD | WOODLAND HILLS, CA 91364 NWC Ventura Blvd & Topanga Cyn Blvd AVAILABLE OFFERING SUMMARY I R E A INVESTMENT REAL ESTATE ASSOCIATES 22001 VENTURA BLVD | WOODLAND HILLS, 91364 OFFICE 16501 Ventura Blvd. Suite 448 Encino, CA 91436 Phone: 818.386.6888 Fax: 818.386.2805 Negotiable www.irea.com 5,437 12,894 TERMS Total Building SF Total Land SF Asking Monthly “AS IS” or LISTING AGENTS Lease Rate Ground Lease CHRIS THOMPSON Senior Partner 818-522-4792 LEASE RATE Negotiable [email protected] DRE | 01205918 TOTAL BUILDING SF 5,437* YUBIN TAO TOTAL LAND SF 12,894 SF* Partner 818-386-6888 yub [email protected] DRE | 01271565 TERMS AS IS or GROUND LEASE CURRENT OCCUPANCY 100% by Chase Bank (DARK) PARKING SPACES 15+5 Parking Spaces YEAR BUILT 1980 TABLE OF CONTENTS 01 Property Highlights APN’S 22001 Ventura Blvd 2169-025-057 4 22013 Ventura Blvd 2169-025-058 02 The Property 5 ZONING LAC4 Location & Demographics 03 *SQUARE FOOTAGE IS APPROXIMATE. BUYER MUST PERFORM THEIR OWN INVESTIGATION. THE INFORMATION PROVIDED 9 HEREIN IS FROM SOURCES WE BELIEVE ARE RELIABLE. WHILE WE DO NOT DOUBT ITS ACCURACY, WE HAVE NOT VERIFIED IT AND MAKE NO REPRESENTATIONS, GUARANTEES OR WARRANTIES ABOUT IT. THE PROPERTY | 2 TOPANGA CANYON BLVD CANYON TOPANGA VENTURA BLVD THE INFORMATION PROVIDED HEREIN IS FROM SOURCES WE BELIEVE ARE RELIABLE. WHILE WE DO NOT DOUBT ITS ACCURACY, WE HAVE NOT VERIFIED IT AND MAKE NO THE PROPERTY | 3 REPRESENTATIONS, GUARANTEES OR WARRANTIES ABOUT IT. PROPERTY HIGHLIGHTS 22001 VENTURA BLVD, WOODLAND HILLS APPROX LOT SIZE 12,894 SF/.2243 AC 01 BUILDING SF 5,437 SF YEAR BUILT 1980 Tax MapZONING LAC4 22013 Ventura Blvd, Woodland Hills, CA 91364 THE INFORMATION PROVIDED HEREIN IS FROM SOURCES WE BELIEVE ARE RELIABLE. WHILE WE DO NOT DOUBT ITS ACCURACY, WE HAVE NOT VERIFIED IT AND MAKE NO INVESTMENT OVERVIEW | 4 REPRESENTATIONS, GUARANTEES OR WARRANTIES ABOUT IT. Limitation of Liability for Informational Report IMPORTANT – READ CAREFULLY:THIS REPORT IS NOT AN INSURED PRODUCT OR SERVICE OR A REPRESENTATION OF THE CONDITION OF TITLE TO REAL PROPERTY. IT IS NOT AN ABSTRACT, LEGAL OPINION, OPINION OF TITLE, TITLE INSURANCE COMMITMENT OR PRELIMINARY REPORT, OR ANY FORM OF TITLE INSURANCE OR GUARANTY. THIS REPORT IS ISSUED EXCLUSIVELY FOR THE BENEFIT OF THE APPLICANT THEREFOR, AND MAY NOT BE USED OR RELIED UPON BY ANY OTHER PERSON. THIS REPORT MAY NOT BE REPRODUCED IN ANY MANNER WITHOUT FIRST AMERICANʼS PRIOR WRITTEN CONSENT. FIRST AMERICAN DOES NOT REPRESENT OR WARRANT THAT THE INFORMATION HEREIN IS COMPLETE OR FREE FROM ERROR, AND THE INFORMATION HEREIN IS PROVIDED WITHOUT ANY WARRANTIES OF ANY KIND, AS-IS, AND WITH ALL FAULTS. AS A MATERIAL PART OF THE CONSIDERATION GIVEN IN EXCHANGE FOR THE ISSUANCE OF THIS REPORT, RECIPIENT AGREES THAT FIRST AMERICANʼS SOLE LIABILITY FOR ANY LOSS OR DAMAGE CAUSED BY AN ERROR OR OMISSION DUE TO INACCURATE INFORMATION OR NEGLIGENCE IN PREPARING THIS REPORT SHALL BE LIMITED TO THE FEE CHARGED FOR THE REPORT. RECIPIENT ACCEPTS THIS REPORT WITH THIS LIMITATION AND AGREES THAT FIRST AMERICAN WOULD NOT HAVE ISSUED THIS REPORT BUT FOR THE LIMITATION OF LIABILITY DESCRIBED ABOVE. FIRST AMERICAN MAKES NO REPRESENTATION OR WARRANTY AS TO THE LEGALITY OR PROPRIETY OF RECIPIENTʼS USE OF THE INFORMATION HEREIN. Tax Map 22013 Ventura Blvd, Woodland Hills, CA 91364 11/18/2019 Page 1 (of 1) ©2005-2019 First American Financial Corporation and/or its affiliates. All rights reserved. THE PROPERTY 02 VENTURA BLVD 22025 VENTURA BLVD OFFICE CENTER DH ENTERPRISES DE CASTILIAN COMPLETE MEN’S HAIR SALON 26,125 VPD EAGLE STORAGE FILM PERMITS UNLIMITED GENESIS REMODELING IMPACT ESCROW SHANE CLEEANERS VALLEY HOMES SALES INC TOPANGA CANYON BLVD 60,000 VPD THE PROPERTY | 5 WARNER PLAZA GATEWAY PLAZA Western Bagel Orangetheory Fitness Falafel Bar Massage Envy 27,1200 VPD Ralph’s Loyalty Gas Station Woodland Hills Jeweler Cooking School AC Inner Power Yoga Mazar Restaurant Curry Up Cafe Moonlight Rugs Designer Home Interiors 60,000 VPD TOPANGA CANYON BLVD VENTURA BLVD 26,125 VPD THE PROPERTY | 6 WOODLAND HILLS, CA LOCATION & TRAFFIC Distance from Property WARNER CENTER 1.3 miles WESTFIELD TOPANGA 1.4 miles LAX 27 miles MALIBU PIER 16miles 48,000 VPD 197,000 VPD 62,000 VPD 229,000 VPD 55,262 VPD 31,000 VPD 65,000 VPD 197,000 VPD LOCATION & TRAFFIC | 7 INVESTMENT HIGHLIGHTS 22001 Ventura Blvd | Woodland Hills, CA 91364 Multiple Potential Uses High Traffic Location Former Chase Bank with 5,437 SF building on 12,894 High daily traffic counts with over 100,000 vehi- SF of land cles per day along Ventura and Topanga Canyon Parking Location 15 parking spaces with additional 5 deeded Direct access to the 101 Freeway, approximately spaces on the adjacent property through 2025 700 ft from the Topanga Canyon Blvd on-ramp Signalized Corner CVS Tenant Ideally located on the NW signalized corner of Close proxiity to Warner Center Ventura Blvd and Topanga Canyon Blvd THE INFORMATION PROVIDED HEREIN IS FROM SOURCES WE BELIEVE ARE RELIABLE. WHILE WE DO NOT DOUBT ITS ACCURACY, WE HAVE NOT VERIFIED IT AND MAKE NO REPRESENTATIONS, GUARANTEES OR WARRANTIES ABOUT IT. INVESTMENT HIGHLIGHTS | 8 LOCATION & DEMOGRAPHIC HIGHLIGHTS 03 WOODLAND HILLS LOCATION & DEMOGRAPHICS | 9 WESTFIELD TOPANGA SHOPPING CENTER WOODLAND HILLS, CA Woodland Hillis an upscale neighborhood located on the edge of the Santa Monica Mountains in the San Fernando Valley of northern Los Angeles. Woodland Hills is bordered by Calabasas, Tarzana, Topanga and is a short hop from the famous beaches of Malibu. It’s lush, green and a great place to hike, bike, enjoy nature and update your wardrobe. Whether your interest is shopping or the outdoors, Woodland Hills has activities and attractions that can provide a fun, entertaining experience. On Ventura Boulevard there are lively bars and gastropubs with delicious food and live music, making Woodland Hills a unique, vibrant destination in the Valley. Woodland Hills is accessible to all of Los Angeles. The 101 Ventura Freeway provides East to West travel, and easily connects to the 405 San Diego Freeway for North to West travel. Ventura Boulevard, which stretches 18 miles lon throughout the San Fernando Valley, is the longest contiguous avenue of businesses and home to multiple TOP OF TOPANGA OVERLOOK LAS VIRGENES CANYON OPEN SPACE retailers and amenities. Woodland Hills Office Park is situated between two wealthy communities in Los Angeles County, Calabasas to the West and Tarzana to the east. Woodland Hills is home to Warner Center, which is one of Los Angeles County’s largest master-planned business developments, and considered the central business district of the San Fernando Valley. Warner Center offers a sweeping complex of office parks, high-rises, apartments and shopping centers. THE INFORMATION PROVIDED HEREIN IS FROM SOURCES WE BELIEVE ARE RELIABLE. WHILE WE DO NOT DOUBT ITS ACCURACY, WE HAVE NOT VERIFIED IT AND MAKE NO REPRESENTATIONS, GUARANTEES OR WARRANTIES ABOUT IT. WOODLAND LOCATIONHILLS, CA | 1013 DEMOGRAPHICS Demographic and Income Profile DEMOGRAPHICS22013 &Vent INCOMEura Blvd, Woodlan d(1-MILE Hills, California, RADIUS) 91364 Prepared by Esri THE NUMBERS Ring: 1 mile radius Latitude: 34.16859 1-MILE RADIUS FROM PROPERTY Longitude: -118.60639 Summary Census 2010 2019 2024 Total Population Population 20,097 21,026 22,062 Households 8,890 9,143 9,543 Families 5,167 5,316 5,591 2010 20,097 Average Household Size 2.25 2.29 2.30 Owner Occupied Housing Units 4,878 4,975 5,132 2019 21,026 Renter Occupied Housing Units 4,012 4,168 4,411 2024* 22,062 Median Age 39.3 40.8 41.6 Trends: 2019 - 2024 Annual Rate Area State National Projected Growth Rate 4.7% Population 0.97% 0.67% 0.77% Households 0.86% 0.62% 0.75% Families 1.01% 0.62% 0.68% Owner HHs 0.62% 0.79% 0.92% Total Households Median Household Income 3.24% 2.99% 2.70% 2019 2024 Households by Income Number Percent Number Percent 2010 8,890 <$15,000 608 6.6% 520 5.4% $15,000 - $24,999 420 4.6% 341 3.6% 2019 9,143 $25,000 - $34,999 412 4.5% 345 3.6% 2024* 9,543 $35,000 - $49,999 781 8.5% 670 7.0% $50,000 - $74,999 1,641 17.9% 1,491 15.6% Projected Growth Rate 3.2% $75,000 - $99,999 1,235 13.5% 1,237 13.0% $100,000 - $149,999 1,750 19.1% 1,954 20.5% $150,000 - $199,999 1,040 11.4% 1,296 13.6% $200,000+ 1,257 13.7% 1,689 17.7% Average Household Income Median Household Income $87,656 $102,817 Average Household Income $118,246 $138,834 Per Capita Income $51,058 $59,662 2019 $118,246 Census 2010 2019 2024 2024* $138,834 Population by Age Number Percent Number Percent Number Percent 0 - 4 1,216 6.1% 1,083 5.2% 1,141 5.2% Projected Growth Rate 14.8% 5 - 9 1,037 5.2% 1,158 5.5% 1,151 5.2% 10 - 14 922 4.6% 1,179 5.6% 1,164 5.3% 15 - 19 935 4.7% 979 4.7% 1,080 4.9% 20 - 24 1,050 5.2% 970 4.6% 966 4.4% 25 - 34 3,423 17.0% 3,081 14.7% 3,119 14.1% Renter Occupied Housing Units 35 - 44 3,306 16.5% 3,350 15.9% 3,606 16.3% 45 - 54 2,941 14.6% 3,017 14.4% 3,090 14.0% 55 - 64 2,491 12.4% 2,716 12.9% 2,811 12.7% 2010 4,012 65 - 74 1,366 6.8% 1,984 9.4% 2,181 9.9% 2019 4,168 75 - 84 952 4.7% 1,001 4.8% 1,247 5.7% 85+ 458 2.3% 506 2.4% 506 2.3% 2024* 4,411 Census 2010 2019 2024 Race and Ethnicity Number Percent Number Percent Number Percent Projected Growth Rate 5.5% White Alone 14,630 72.8% 14,565 69.3% 14,965 67.8% THE INFORMATIONBlack Al oPROVIDEDne HEREIN IS FROM SOURCES WE BELIEVE1,110 ARE RELIABLE.5.5% 1,147 5.5% 1,181 5.4% WHILE WE DO NOT DOUBT ITS ACCURACY, WE HAVE NOT VERIFIED IT AND MAKE NO REPRESENTATIONS,America nGUARANTEES Indian Alone OR WARRANTIES ABOUT IT.