14520 Delano St, Van Nuys, CA 91411
14520 Delano Street
Land Price / SF:
The Ovaness-Rostamian Group of Marcus & Millichap is pleased to present a rare opportunity to acquire a highly desirable single tenant automotive-use commercial building located in the city of Van Nuys (Los Angeles).
The tenant, T&A Collision Center is on an Absolute NNN lease with its initial term expiring on May 31, 2028. Coupled with rental increases every 3 years (based on CPI) and 2-(5) year options at Fair Market Value, the investment provides investors with long term stability and hedges against inflation with an essential use tenant.