6040-Canoga-Ave-Woodland-Hills-CA

Marcus & Millichap Arranges $5.1M Sale of Single-Tenant Restaurant Property Near Los Angeles

by Amy Works

WOODLAND HILLS, CALIF.  — Marcus & Millichap has arranged the $5.1 million sale of a single-tenant retail property located approximately 26 miles northwest of downtown Los Angeles in Woodland Hills. Built in 1978, the 10,000-square-foot building is leased to full-service Mexican restaurant El Torito.

Brandon Michaels of Marcus & Millichap marketed the property on behalf of the seller, an entity doing business as Kia Canoga Warner LLC, and procured the buyer, a private investor.

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