7254 Coldwater Canyon AVE North Hollywood, CA 91605

The Subject Property is an industrial single tenant opportunity in North Hollywood, California featuring TechAir, one of the nation's leading suppliers of industrial gasses and equipment. The lease is an Industrial Single Tenant Net Lease obligating the tenant to pay for 100% of the property expenses, property taxes, insurance and maintenance making this lease an Absolute NNN lease. TechAir serves a multitude of industries including factories, Metal Fabrication, Construction, Food & Beverage, Healthcare and Research firms. From cylinder gases to bulk liquid supply, TechAir handles all aspects of the contained gases industry including delivery, equipment rental or repair, design, installation and even automation. TechAir has locations in 13 states across the USA and has consistently expanded its reach. This offering presents a unique opportunity for an investor to take advantage of purchasing a NNN leased industrial asset in in a high barrier of entry market of the San Fernando Valley in the County of Los Angeles. The tenant's current lease started in 2013 and extends to July 2018. Tenant has two 5-year options to extend their lease and has exercised their first option. At it's current list price the property delivers a 4.18%.