Village Walk Portefeuille de local commercial à vendre 2 biens Tarzana, CA

* One-of-a-Kind, Infill LA County Shopping Center – Anchored by Trader Joe’s (grand opening May 2025 – opened May 2025), Nordstrom Rack, Club Studio and TJ Maxx, Village Walk features an ideal mix of grocery, fitness, food, beverage and service retail, creating meaningful “daily needs” draw to the center, evidenced through the estimated 1.6 million annual visits

* Massive NOI Growth – The lease up of vacant space and reletting of below market rent suites as leases expire should grow Net Operating Income (NOI) more than $2,930,000 (73%) during a 10-year hold period, producing an extremely attractive 5.6% CAGR

* Enhanced Merchandising Mix – Nordstrom Rack (±25,718 SF), Trader Joe’s (±14,894 SF), Sephora (±5,309 SF), and Philz Coffee (±2,511 SF) are all brand new leases and significant national lifestyle brands, in addition to LA Fitness upgrading to a Club Studio (10-year extension and 7,000 SF expansion), elevating the center’s merchandising mix, fortifying the center’s dominant position in the market

* Significant Frontage and Accessibility – Village Walk benefits from excellent accessibility, walkability and visibility with ±800 feet of frontage along Ventura Blvd (±41,391 CPD) and is easily accessed from the 101 Freeway (±291,506 CPD), and Reseda Blvd (±40,187 CPD)

* Large Land Parcel, Rare On-Site Parking – Consisting of approximately 4.7 acres with a significant ±792 stall subterranean parking garage, a rarity for infill, street front retail centers

* High Identity Office and Suburban Location – The property serves as a destination for over 162,306 daytime residents and employees of the more than 6.2 million SF of office and medical uses located within 3 miles