PORTFOLIOS DETAILS
Saticoy St
Address: 13401 Saticoy Street, North Hollywood, CA
Property Type: Multi-Tenant Industrial / Office Space
Acquisition Date: February 03, 2022
The 33,505 SF building was constructed in 1975, each equipped with a small office build out along the frontage of Saticoy, and a ground level door in the back. Since that time, the building has been demised and remodeled in different configurations, with tenants occupying units that extended beyond or below the size of the original units. The property is fully occupied by 9 tenants. The major street frontage makes this space ideal for those seeking visibility.
The units have a side-by-side configuration and are typically improved with a small office build out along the front with the remaining area in the back used as a warehouse, storage, or some similar R&D use. The interior improvements vary from unit to unit, both in terms of the office-to-warehouse ratio (from 30% – 70%), and quality and condition of the interiors. Units are fully air conditioned by roof mounted units that were installed by tenants’ requests over the years.
