VALUABLE M-2 INDUSTRIAL PROPERTY FOR SALE 14876 RAYMER ST, , CA 91405 VALUABLE M-2 INDUSTRIAL PROPERTY TABLE OF CONTENTS

PAGE 03 The Offering 04 Retail Aerial 05 Investment Summary 06 In the News 07 Retail Aerial 08 Property Photos 10 Site Plan 11 Location Overview

CONTACT INFORMATION KORENA ELLIS Vice President (323) 821-9441 JOSHUA JOSEPH Senior Associate (818) 424-2696

02 14876 RAYMER ST, VAN NUYS, CA 91405 VALUABLE M-2 INDUSTRIAL PROPERTY THE OFFERING

The Offering James Capital Advisors is pleased to present For Sale a legacy owner user property located in the coveted Van Nuys - North Sherman Oaks community plan area. This steel frame metal/masonry combination building is approximately 27,000 SF on a 51,629 lot. The front 2,000 SF office is masonry and is backed by approximately 25,000 SF of steel frame warehouse with large side yards on each side of the building. Ceiling heights are 12 on the low and 20 at the height of the pitch in the warehouse. It is zoned M2, has 800 amps of heavy power and sits along the wash which provides a degree of privacy. It has two drive-in grade level sliding doors, and front and back entrances. Ideal for many uses including traditional manufacture uses which benefit from having ample yard space. It’s also a good candidate for cannabis business uses such as cultivation, manufacturing and distribution. Use may include Dispensary micro business depending on if the Open Space (OS) buffer revision is passed. OS currently buffers it out for dispensary use. Seller will need time to vacate the business, so a 6-month sale lease back may be an ideal situation. This may give a cannabis operator ample time to move a license and or an Investor ample time to find a tenant. Steel frame metal buildings can be covered with stucco and converted into heavier structures for a relatively low price.

03 14876 RAYMER ST, VAN NUYS, CA 91405 VALUABLE M-2 INDUSTRIAL PROPERTY RETAIL AERIAL

04 14876 RAYMER ST., VAN NUYS, CA 91405 VALUABLE M-2 INDUSTRIAL PROPERTY INVESTMENT SUMMARY

Occupancy Owner-User Qualifies for Cannabis Business Uses - This property qualifies for all cannabis business uses except dispensary. The dispensary may qualify in the future if the proposed “Open Space” (OS) zoning buffer is revised. Price Per Negotiated Offer Highly Sought-After M-2 Zoning - Several M-2 industrial properties in this area have been sold to make way for the Street Address 14876 Raymer St expansion project. This valuable M-2 zoning is becoming increasingly scarce in the area due to increased cannabis cultivation and data center use and office and residential adaptive reuse to name a few. City Van Nuys Excellent for Cannabis Manufacture, Distribution - The City of Los Angeles is currently open for license applications State, Zip CA, 91405 for cannabis manufacturing, distribution and delivery. Strong Industrial Rental Market - Whether this is bought for cannabis business uses or traditional manufacturing uses it will GLA 51,629 SF be a win. Scarcity and demand will benefit this industrial asset & rental rates will stand strong & continue to rise overtime. Lot Size 1.19 AC Strategically Central Location - Approximately 2 miles from the Van Nuys Airport, 1 mile from the 405 Freeway, and 1/2 a mile from the Metrolink expansion line site at Van Nuys Blvd and Saticoy St. This property is Year Built 1954 an excellent San Fernando Valley distribution point.

05 CONTACT KORENA ELLIS VALUABLE M-2 INDUSTRIAL PROPERTY In the NEws

E-Commerce Drives Demand For Smaller ‘Last-Mile’ Warehouses In L.A. Online sales surged by more than a third during the coronavirus crisis, as American consumers became accustomed to buying everything from toilet paper to groceries to Peloton bicycles online. They’ve also gotten used to getting their goods quickly, intensifying demand for industrial warehouse space in an already tight market. The same forces that are driving demand for big-box warehouses, especially in the Inland Empire, are increasing the need for “last-mile” facilities closer to denser population centers. In Greater Los Angeles, a last-mile facility has the potential to reach 3.8 million residents within 30 minutes, according to demographic data aggregated from ESRI based on peak p.m. drive times. And, since land is at a premium in Greater Los Angeles, lessees are OK with snapping up smaller warehouse spaces. Over the last five years, nearly 168 million square feet of industrial warehouse space have been leased in Greater Los Angeles, according to research from CBRE Group Inc. Of that, warehouses spaces of less than 100,000 square feet comprised more than 100 million square feet leased — or nearly 60%.

CONT. The trend intensified slightly last year during the pandemic, with 32.7 million square feet of industrial warehouse space leased in Greater L.A., of which 19.8 million square feet — or 60.5% — were in warehouses of 100,000 square feet or less. “Diminishing supply and slow construction completions are turning sub-100K warehouses into a rarity,” the CBRE (NYSE: CBRE) report said. The historic surge in e-commerce activity is fueling record cargo traffic in San Pedro Bay and driving up demand for nearby industrial real estate of all sizes. The Ports of Los Angeles and Long Beach both reported their busiest April ever, moving nearly 1.7 million twenty-foot equivalent units (TEUs) last month — up 40% from April 2020. With the influx of cargo, the industrial real estate market in Greater Los Angeles saw asking rates hit record highs and vacancy rates recover to pre- pandemic levels in the first quarter. Industrial asking rates in Greater L.A. averaged 95 cents per square foot per month in the first quarter — and marking the highest average asking lease rate yet, reported CBRE. Meanwhile, total vacancy fell 30 basis points to 1.7%, returning the market to pre-pandemic levels. Read The Full Story >

06 CONTACT KORENA ELLIS VALUABLE M-2 INDUSTRIAL PROPERTY RETAIL AERIAL

07 14876 RAYMER ST., VAN NUYS, CA 91405 VALUABLE M-2 INDUSTRIAL PROPERTY Exterior Photos

08 CONTACT KORENA ELLIS VALUABLE M-2 INDUSTRIAL PROPERTY Interior Photos

09 14876 RAYMER ST., VAN NUYS, CA 91405TY ZIP>> VALUABLE M-2 INDUSTRIAL PROPERTY SITE PLAN

10 14876 RAYMER ST., VAN NUYS, CA 91405 VALUABLE M-2 INDUSTRIAL PROPERTY LOCATION OVERVIEW

San Fernando Valley The San Fernando Valley is located within the Los Angeles County which includes the cities of Burbank, Glendale, San Fernando, Hidden Hills, and Calabasas. As home to the world’s major movie studios, the San Fernando Valley is where Angelinos come to escape the busy city life to live, work and play. The San Fernando Valley has it all. It’s made up of gorgeous suburbs and mini-malls strategically placed all around the valley for easy access. Through the years, major network and movie studios have stationed in the Valley and now call it home.

The Valley has anything you need or want: great food, great fun, and definitely great shopping. With more than 100 sound stages producing everything from “Jurassic Park” to “The Tonight Show,” the “Valley of the Stars” is home to the Walt Disney Company, NBC Universal Studios, Warner Bros., CBS Studio Center as well as NBC and ABC Television Studios. In addition to the many popular studio tours, historical sites, theaters and museums, the San Fernando Valley offers an incredible array of fine dining, shopping, lodging and recreational opportunities, along with world -class attractions at each of the scenic entrances to the Valley, including the magnificent new Getty Center, the Hollywood Bowl and the Los Angeles Zoo. Whether your travel plans include business or pleasure, come enjoy the friendly hospitality and rich heritage of the San Fernando Valley.

11 14876 RAYMER ST., VAN NUYS, CA 91405 VALUABLE M-2 INDUSTRIAL PROPERTY LOCATION OVERVIEW

Van Nuys Van Nuys is a densely-populated neighborhood located in central San Fernando Valley. It’s bordered by other popular neighborhoods in the Valley, such as Valley Glen, Lake Balboa, Sherman Oaks, and Panorama City. Even though the San Fernando Valley has a reputation for being suburban, the Van Nuys neighborhood offers residents a more metropolitan feel, perhaps due to the community’s courthouse and many government buildings. Although this neighborhood has been in transition throughout the years, the arrival of new businesses, hotels, residences, restaurants, and shops has transformed the area.

Located less than 20 miles away from LA’s Westside, Hollywood, Downtown LA, and other popular neighborhoods in the Valley, residents living in Van Nuys can easily get around town without a hitch. Cutting through the middle of the neighborhood is the 405 freeway (San Diego Freeway), but the community is also near the 101 (Ventura Freeway), 170 (Hollywood Freeway), 118 (Simi Valley Freeway), and the I-5 (Golden State Freeway). Residents living in this neighborhood can also skip the busy commute to LAX, and instead, hop on a flight out of Van Nuys Airport. Many residents in Van Nuys include families, professionals, and students from both UCLA and USC. Residents enjoy the neighborhood’s overall walkability as well as the community’s proximity to the middle of the action in both the San Fernando

12 14876 RAYMER ST., VAN NUYS, CA 91405 VALUABLE M-2 INDUSTRIAL PROPERTY LOCATION OVERvIEW

Van Nuys Metrolink Station Metrolink joined with the Van Nuys community to inaugurate service at the newly rebuilt Van Nuys Train Station following a two-year construction period. The $32 million project, which is less than a mile away from the subject property, moved and rebuilt the train platform to the center of the double-tracked station to improve operational efficiency, maintain on- time performance and enable more future train service for Metrolink and . “The newly reconstructed Van Nuys Station allows both tracks to be used simultaneously, increasing capacity, and provides safe access to the platform from a pedestrian underpass, keeping trains and passengers separated,” said Metrolink Board Chair Brian Humphrey. “The reconstructed Van Nuys Station will be a lynchpin of future transportation infrastructure including the planned East San Fernando Valley Light Rail Line that will connect Van Nuys with the Sylmar/San Fernando Metrolink Station,” said Metrolink Vice-Chair and Glendale Mayor Ara Najarian. Metrolink officials said they are still working on an 8,000-square-foot concrete canvas that will be accompanied with a mural that depicts the diversity and features of Van Nuys. The station is located on 7724 Van Nuys Blvd, Van Nuys, CA 91405.

13 14876 RAYMER ST., VAN NUYS, CA 91405 VALUABLE M-2 INDUSTRIAL PROPERTY LOCATION OVERvIEW

1. Van Nuys Airport 5 Min Drive 2.0 Miles From Subject Property

2. The Japanese Garden 11 Min Drive 4.9 Miles From Subject Property

3. CSU Northridge 13 Min Drive 5.4 Miles From Subject Property

4. Kaiser Permanente Medical Center 11 Min Drive 2.6 Miles From Subject Property

5. Westfield Topanga & The Village 21 Min Drive 10.6 Miles From Subject Property

6. Hollywood Burbank Airport 19 Min Drive 7.4 Miles From Subject Property

14 14876 RAYMER ST., VAN NUYS, CA 91405 VALUABLE M-2 INDUSTRIAL PROPERTY LOCATION OVERvIEW

01 02 03

Van Nuys Airport The Japanese Garden CSU Northridge Van Nuys is one of the busiest general aviation airports The Japanese Garden is a 6.5-acre public Japanese This public university in the Northridge neighborhood in the world. With two parallel runways, it averages garden in Los Angeles, located in the Lake Balboa has a total enrollment of 38,815 students, it has the over 230,000 takeoffs and landings annually. No district in the central San Fernando Valley, adjacent second largest undergraduate population of the major airlines fly into this airport to the Van Nuys and Encino neighborhoods. 23-campus Cal State University system.

04 05 06

Kaiser Permanente Medical Center - Panorama City Westfield Topanga & The Village Hollywood Burbank Airport Panorama City Medical Center employs 436 Westfield Topanga & The Village is a shopping mall ommercial airlines, cargo planes, general aviation, physicians who serve more than 259,000 members in the Canoga Park neighborhood of Los Angeles, and military aircraft all operate out of BUR, and it’s each year. The medical center has 65 departments, California. It spans 2.1 million square feet and houses the closest L.A.-area airport to most of the region’s including emergency and urgent care. anchor stores Macy’s, Nordstrom, and Target. popular tourist destinations.

15 14876 RAYMER ST., VAN NUYS, CA 91405 VALUABLE M-2 INDUSTRIAL PROPERTY DEMOGRAPHICS

POPULATION 1-Mile 3-Mile 5-Mile

2026 Projection 55,989 357,928 795,618 2021 Estimate 54,803 354,466 791,331 2010 Census 47,263 328,175 750,964 Growth ‘21 - ‘26 2.16% 0.98% 0.54% Growth ‘10 - ‘21 15.95% 8.01% 5.38%

HOUSEHOLDS 1-Mile 3-Mile 5-Mile 2026 Projection 15,785 103,743 250,462 2021 Estimate 15,487 102,907 249,491 2010 Census 13,549 96,195 238,923 Growth ‘21 - ‘26 1.92% 0.81% 0.39% Growth ‘10 - ‘21 14.3% 6.98% 4.42% Average Income $58,174 $72,770 $86,022 Median Income $42,556 $53,123 $63,190

16 14876 RAYMER ST., VAN NUYS, CA 91405 JAMES CAPITAL ADVISORS, INC. DISCLAIMER

The information contained in this Marketing Brochure has been obtained from sources believed to be reliable, but the accuracy or completeness of the information contained therein cannot be guaranteed. James Capital Advisors, Inc. (“Broker”) has not, and will not, verify any of this information, nor has Broker conducted, nor will it conduct, any investigation regarding these matters. Broker makes no representations, guar- antees, or warranties of any nature about the accuracy or completeness of any information provided. The information provided in this brochure is in no way a substitute for a thorough due diligence investigation by Buyer. Broker has made no investigation of, and has made no representations, guarantees, or warranties of any nature, with regard to income and expenses for this property nor the future financial performance of the property. In addition, Broker has made no investigation of, and has made no representations, guarantees, or warranties as to the size and square footage of the property, the presence of any contaminating substances at the property, the physical condition of the property or compliance with any State, Local or Federal regulations. In addition, Broker has made no investigation of, and has made no representations, guarantees, or warranties of any nature, with regard to the financial condition or future financial condition of any tenants, nor any future plans or intentions of tenants with regard to the continued occupancy of the property. All parties are aware that Broker has no affirmative obligation to conduct a due diligence examination of the property for any Buyer. Any and all projections or estimates used in this Marketing Brochure are for example only and do not represent the current or future performance of this property. Therefore, Broker assumes no legal responsibility for accuracy or completeness of this information, and expressly disclaims all representations, guarantees, or warranties related thereto. The value of the property to any Buyer depends on numerous factors that must be evaluated by Buyer and Buyer’s legal, tax, construction, and financial advisors. Buyer and Buyer’s advisors should conduct a thorough, independent investigation of the property to determine its suitability for Buyer’s intended usage. This investment, as with all real estate investments, carries a substantial risk. As such, Buyer and Buyer’s legal and financial advisors are strongly advised to request and review all legal and financial documentations related to the property and tenants. A tenant’s past performance is not a guarantee of future performance. The lease rate stated for some properties may be based on a tenant’s projected sales with little or no record of actual performance or com- parable rents for the area in question. Returns are in no way guaranteed. Tenants may fail to pay the rent or property taxes or any other tenant obligations under the terms of the lease or may default under the terms of such lease. Regardless of tenant’s history of performance, and/or any lease guarantors and/or guarantees, Buyer is responsible for conducting Buyer’s own investigation of all matters related to any and all tenants and lease agreements. Broker is not, in any way, responsible for the performance of any tenant or for any breach or default by any tenant of any terms of any lease agreement related to the property. Further, Buyer is responsible for conducting Buyer’s own independent investigation of all matters related to the value of the property, including, but not limited to, the value of any long-term leases. Buyer must carefully evaluate the possibility of tenants vacating the property or breaching their leases and the likelihood and financial impact of being required to find a replacement tenant if the current tenant should default and/or abandon the property. Buyer must also evaluate Buyer’s legal ability to make alternate use of the property in the event of a tenant abandonment of the property. CONFIDENTIALITY This Marketing Brochure and the information contained within, is propriety and strictly confidential. It is intended to be used only by the party receiving it from Broker. It should not be made available to any other person or entity without the express written consent of Broker. release This Marketing Brochure has been prepared to provide basic, unverified information for prospective purchasers. By accepting this Marketing Brochure, the recipient agrees to release and hold harmless Broker from any claim, demand, liability or loss arising out, or relating in any way, to the information contained in this Marketing Brochure and from Buyer’s investigation of the property. In no event shall James Capital Advisors, Inc. or Broker be liable to any party for any direct, indirect, special, incidental, or consequential damages of any kind whatsoever arising out of the use of this Marketing Brochure or any information contained herein. NON-ENDORSEMENT Broker is not affiliated with, endorsed by or sponsored in any way by any tenant or lessee identified in this Marketing Brochure. The presence of any entity’s logo or name is not intended in any way to indicate affiliation, sponsorship or endorsement by said entity of Broker.

17 www.jamescapitaladvisors.com @jamescapitaladvisors JAMES CAPITAL ADVISORS, INC. CONTACT INFORMATION

LISTING AGENTS

Korena (323) 821-9441 Ellis [email protected] Vice President CA RE Lic. 01430539

Joshua (818) 424-2696 Joseph [email protected] Senior Associate CA RE Lic. 02068313

18 Request More Info | Submit Offer