Aziz Nissim Acquires Industrial Property In Canoga Park From Alain F Francois For $2.2M
7722 Deering Avenue
$2,200,000
$449/SF
Building Size
4,900 SF
Asset Type
Industrial
Closing
Jul 16, 2026
AI
The industrial asset located at 7722-7726 Deering Avenue in Canoga Park was sold for a price of $2,200,000. The property encompasses a total area of 9,750 square feet, resulting in a price per square foot of $226.
Summary of transaction details:
- Property Type: Industrial
- Transaction Amount: $2,200,000
- Buyer: Aziz Nissim
- Seller: Alain F Francois
- Brokers: Sam Liberow, Ryan Rothstein-Serling & Martin Agnew - Agnew | Serling Group - Marcus & Millichap
The deal involved notable representatives including brokers Sam Liberow, Ryan Rothstein-Serling, and Martin Agnew, who facilitated the transaction through Agnew | Serling Group within Marcus & Millichap.
Players
Canoga Park Industrial Market Snapshot
Boundary boundary · Industrial · Sale transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
7.21%
Cash-on-Cash
-2.06%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93