7126 Reseda BLVD Reseda, CA 91335

Great for Owner User or Investor! 2 unit retail property located in Reseda, CA - in the heart of the San Fernando Valley. The property consists of a regional discount dollar store which occupies 12,619 sq. ft. The second tenant is a coin laundry mat which occupies 3,000 sq. ft. The dollar store's lease expires in November 2021. The dollar store is rented far below market at only $1.03 GROSS per sq. ft. The coin laundry lease expires in 2028 + options. With the dollar store lease expiring soon, this investment provides a unique opportunity for an owner user or savvy investor looking to add value by increasing the rent on that unit. In addition to the 20 onsite parking stalls within the property itself, there is also a public parking lot directly behind which is utilized by the subject property's customer base. The public parking lot has over 60 parking stalls. The property also has one ground level loading door. Additional Income from Billboard as well. Please see supplement for additional information and rent roll.