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Worldbid Auction 6537 Topanga Canyon Blvd
8,365 SF Retail Building Woodland Hills, CA 91303 $4,200,000 USD ($502 USD/SF)
Investment Highlights
- One the most highly driven thoroughfares in the Valley with nearly 40,000 cars per day
- Worldbid Auction Bids due by November 14th
- Multiple uses - Professional Services, Retail, Food, Office, Medical
- Directly across the street from Westfield Topanga Mall
- The property will be sold with $300,000 of income or delivered vacant - Buyer to choose
Executive Summary
Worldbid Auction - Bids Due now to November 14th
• Directly across from Westfield Topanga Mall, the 7th largest shopping center in California
• Ultra-visible rooftop signage along busy Topanga Canyon
• Large footprint space in an enterprise zone
• Potential for a wide range of uses, financial, retail, showroom, medical office and more
• On-site 16 surface parking spaces
The seller agrees to not terminate the existing US Bank Lease and rental income of approximately $300,000 will be assigned OR the buyer may give notice to the tenant to vacate as of specific date
AUCTION Bids are due on November 14, 2024 NOON PT
Your Sealed bid must be submitted on the Braun Worldbid Sealed Bid auction purchase contract
1. Qualifying round bids are due on November 14, 2024 noon PT.
2. Final round bids: The top 50% bids (by price) of the qualifying round bids received, those bidders will be notified by 4pm November 14, 2024, they are approved to submit their Final round bid.
3. The Final round bids are due on November 15 2024, 12pm PT
The qualifying and Final round bids must be submitted on the Braun Worldbid Sealed Bid auction purchase contract
• Directly across from Westfield Topanga Mall, the 7th largest shopping center in California
• Ultra-visible rooftop signage along busy Topanga Canyon
• Large footprint space in an enterprise zone
• Potential for a wide range of uses, financial, retail, showroom, medical office and more
• On-site 16 surface parking spaces
The seller agrees to not terminate the existing US Bank Lease and rental income of approximately $300,000 will be assigned OR the buyer may give notice to the tenant to vacate as of specific date
AUCTION Bids are due on November 14, 2024 NOON PT
Your Sealed bid must be submitted on the Braun Worldbid Sealed Bid auction purchase contract
1. Qualifying round bids are due on November 14, 2024 noon PT.
2. Final round bids: The top 50% bids (by price) of the qualifying round bids received, those bidders will be notified by 4pm November 14, 2024, they are approved to submit their Final round bid.
3. The Final round bids are due on November 15 2024, 12pm PT
The qualifying and Final round bids must be submitted on the Braun Worldbid Sealed Bid auction purchase contract
Property Facts
Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Building Size
8,365 SF
Building Class
B
Year Built/Renovated
1974/2006
Price
$4,200,000 USD
Price Per SF
$502 USD
Tenancy
Single
Building Height
1 Story
Building FAR
0.58
Land Acres
0.33 AC
Zoning
(WC)TOPANGA-SN-RIO
Parking
16 Spaces (1.91 Spaces per 1,000 SF Leased)
Frontage
143 FT on Topanga Canyon Blvd
Amenities
- Banking
- Pylon Sign
- Signage
Walk Score ®
Very Walkable (80)
Nearby Major Retailers
PROPERTY TAXES
| Parcel Number | 2139-023-029 | Improvements Assessment | $1,265,507 USD |
| Land Assessment | $2,183,006 USD | Total Assessment | $3,448,513 USD |
PROPERTY TAXES
Parcel Number
2139-023-029
Land Assessment
$2,183,006 USD
Improvements Assessment
$1,265,507 USD
Total Assessment
$3,448,513 USD
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Greg Offsay -
Caleb Morrison -
Power Broker Todd Nathanson -
illi Commercial Real Estate
(818) 501-2212
x2001
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Worldbid Auction | 6537 Topanga Canyon Blvd
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