Grocery-Anchored Shopping
For Sale
Contact for pricing
10950 Sherman Way, Burbank, CA 91501
Grocery-anchored shopping center is 100% leased and located adjacent to the Hollywood/Burbank Airport.
Property Size165,528 SF
Days on Market122
Property Features for 10950 Sherman Way
General Information
Standard status
Active
Size
165,528 SF
Property subtype
Retail
Occupancy
100%
Listing Agency:
JLL - Irvine (Orange County), California
Listed By:
Gleb Lvovich · License #CA 01385740
Source:
Crexi
Added: Apr 10
Changed: Aug 8
Last Checked: Jul 21 at 6:02PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of JLL - Irvine (Orange County), California
Investment Insights
Based on property information with market context.
Plaza Del Sol is a 165,528 SF grocery anchored shopping center currently 100% leased. The property is anchored by Vallarta Supermarket and offers a tenant roster described as well suited to the community’s demographics.
The center is located adjacent to the Hollywood/Burbank Airport in the city of Burbank, California, within a densely populated urban southern California trade area. The remarks state there are 251,896 surrounding residents within a 3-mile radius.
The offering also notes potential upside through pad development and a fair market value adjustment in the anchor lease, while maintaining strong cash flow.
The center is located adjacent to the Hollywood/Burbank Airport in the city of Burbank, California, within a densely populated urban southern California trade area. The remarks state there are 251,896 surrounding residents within a 3-mile radius.
The offering also notes potential upside through pad development and a fair market value adjustment in the anchor lease, while maintaining strong cash flow.
Key Highlights
- 165,528 SF grocery‑anchored shopping center in Burbank, CA, adjacent to the Hollywood/Burbank Airport
- Currently 100% leased with anchor tenant Vallarta Supermarket
- Shopping center benefits from a tenant roster described as aligned with local community demographics
Property Analytics
Current Use
Lease Details
100%
Occupancy
Location Intelligence
Trade Area within ½ mile
967
Businesses Nearby
99k
Monthly Visits Nearby
Balanced
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Groceries 63%
Dining 32%
Shops & Services 5%
Electronics 1%
Vallarta Supermarket
Groceries
62,268 visits/mo
0.0 miles
Starbucks
Dining
13,392 visits/mo
0.1 miles
Pollo Campero
Dining
9,555 visits/mo
0.1 miles
Hong Kong Express
Dining
3,774 visits/mo
0.1 miles
Fatburger
Dining
3,156 visits/mo
0.1 miles
Demographics for 91501, CA
21,157
Population
8,510
Households
2.5
Avg Household Size
40
Median Age
44%
College-Educated
89%
High-School Grad
2.7 sq mi
ZIP Area
7,836
Density / Sq Mi
$85,419
Median Household Income
$55,290
Median Earnings
$2,070
Median Rent
$1,011,600
Median Home Value
Market
Vacancy Rate% for Retail in West region
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Frequently Asked Questions
What type of property is this?
Shopping center - Grocery-anchored shopping center is 100% leased and located adjacent to the Hollywood/Burbank Airport.
Where is this shopping center located?
The property is located at 10950 Sherman Way Burbank, CA.
What are key features of this property?
This property features: 165,528 SF grocery‑anchored shopping center in Burbank, CA, adjacent to the Hollywood/Burbank Airport; Currently 100% leased with anchor tenant Vallarta Supermarket; Shopping center benefits from a tenant roster described as aligned with local community demographics
