8125 LANKERSHIM North Hollywood, CA 91605

Maher Commercial Realty is pleased to present 8125 Lankershim Blvd, North Hollywood, a "flex" building with approximately 40% office space and 60% industrial in its current condition.  The subject site is currently vacant and sits on a large +/- 32,000 square foot parcel zoned M1.  The building has 14' ceiling clearance, two roll-up doors, and 400 amps power.  There is also an accompanying cell tower lease which generates $3,086.81 per month. This is the perfect owner-user or investor opportunity.  An owner-user can purchase the site with 10% down on an SBA 504 loan and pay less per month than renting a similar property in the area.  An investor can purchase the property and at an estimated $1.25 per foot NNN in pro forma rent and the incoming cell tower rent can operate the building at an estimated 6.7% cap rate. Property currently has a cell tower lease in-place that generates $3,081.81 per month and can be sold for an additional $400,000.